Most expensive homes for sale in New Jersey

Written by:
May 24, 2021
realtor.com

Most expensive homes for sale in New Jersey

Buying a home is an investment—and an increasingly expensive one. The median value of a home in the United States reached $295,300 in June 2020, according to the National Association of REALTORS.

To learn more about home values in New Jersey, Stacker analyzed data from realtor.com to compile a list of the most expensive homes for sale in the state.

Home buyers have a lot to consider when house-hunting or looking to invest in rental properties, from the state of the housing market itself to taxes and potential resale value. The housing market grew robust and pricey in the last decade following the 2008 recession, but the market could be slowed by rising interest rates. Such a downturn can be good news for potential home-buyers, as you're more likely to be able to wager a deal on an otherwise overpriced house. Then there is the house itself to consider, including what kind of upkeep it requires (and those associated costs). Depreciation affects all homes at an average rate of 3.636% each year, which can be a help come tax season if you use your home for business or rentals—but may cost you later in capital gains taxes when you when you sell. Meanwhile, land value tends to increase over time depending on several factors including where the house is located and what amenities and homes are nearby. More desirable neighborhoods allow sellers to charge more; the mantra "location, location, location" has never been more relevant.

Keep reading to find out the most expensive homes for sale in New Jersey.

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#50. 63 Roosevelt Ave, Deal

- Price: $7,300,000
- Bedrooms: 4
- Bathrooms: 5
- Read more on realtor.com
2 / 50
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#49. 475 Bernardsville Rd, Mendham

- Price: $7,495,000
- Bedrooms: 9
- Bathrooms: 14
- Read more on realtor.com
3 / 50
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#48. 152 Bucks Mill Rd, Colts Neck

- Price: $7,499,000
- Bedrooms: 7
- Bathrooms: 9
- Read more on realtor.com
4 / 50
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#47. 101 School Rd, Marlboro

- Price: $7,500,000
- Bedrooms: 7
- Bathrooms: 9
- Read more on realtor.com
5 / 50
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#46. 85 Stewart Rd, Millburn

- Price: $7,500,000
- Bedrooms: 7
- Bathrooms: 9
- Read more on realtor.com
6 / 50
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#45. 240 Maple St, Englewood

- Price: $7,600,000
- Bedrooms: 8
- Bathrooms: 13
- Read more on realtor.com
7 / 50
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#44. 713 Navesink River Rd, Red Bank

- Price: $7,699,000
- Bedrooms: 8
- Bathrooms: 8
- Read more on realtor.com
8 / 50
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#43. 82 Aunt Molly Rd, Hopewell

- Price: $7,750,000
- Bedrooms: 6
- Bathrooms: 12
- Read more on realtor.com
9 / 50
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#42. 67 Roseld Ave, Deal

- Price: $7,750,000
- Bedrooms: 6
- Bathrooms: 7
- Read more on realtor.com
10 / 50
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#41. 11833 Paradise Dr, Stone Harbor

- Price: $7,795,000
- Bedrooms: 6
- Bathrooms: 8
- Read more on realtor.com
11 / 50
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#40. 65 Deal Esplanade, Deal

- Price: $7,900,000
- Bedrooms: 4
- Bathrooms: 6
- Read more on realtor.com
12 / 50
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#39. 8109 Bayshore Dr, Margate

- Price: $7,900,000
- Bedrooms: 7
- Bathrooms: 9
- Read more on realtor.com
13 / 50
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#38. 22 Tudor Rose Ter, Mahwah

- Price: $7,900,000
- Bedrooms: 7
- Bathrooms: 11
- Read more on realtor.com
14 / 50
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#37. 166 Liberty Corner Rd, Far Hills

- Price: $7,950,000
- Bedrooms: 6
- Bathrooms: 12
- Read more on realtor.com
15 / 50
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#36. 1113 Ocean Ave, Mantoloking

- Price: $7,995,000
- Bedrooms: 6
- Bathrooms: 7
- Read more on realtor.com
16 / 50
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#35. 61D Long Beach Blvd, Long Beach Township

- Price: $7,995,000
- Bedrooms: 8
- Bathrooms: 11
- Read more on realtor.com
17 / 50
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#34. 1055 High Mountain Rd, Franklin Lakes

- Price: $7,999,000
- Bedrooms: 9
- Bathrooms: 13
- Read more on realtor.com
18 / 50
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#33. 35 Timberline Dr, Alpine

- Price: $8,150,000
- Bedrooms: 6
- Bathrooms: 9
- Read more on realtor.com
19 / 50
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#32. 7 Flamingo Dr, Avalon

- Price: $8,200,000
- Bedrooms: 7
- Bathrooms: 8
- Read more on realtor.com
20 / 50
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#31. 6 Autumn Ter, Alpine

- Price: $8,295,000
- Bedrooms: 6
- Bathrooms: 8
- Read more on realtor.com
21 / 50
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#30. 1 Alford Dr, Saddle River

- Price: $8,388,000
- Bedrooms: 6
- Bathrooms: 11
- Read more on realtor.com
22 / 50
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#29. 315 58th St, Avalon

- Price: $8,495,000
- Bedrooms: 6
- Bathrooms: 8
- Read more on realtor.com
23 / 50
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#28. 803 Ocean Ave, Long Branch

- Price: $8,750,000
- Bedrooms: 7
- Bathrooms: 9
- Read more on realtor.com
24 / 50
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#27. 18 Sea Gull Dr, Avalon

- Price: $8,900,000
- Bedrooms: 6
- Bathrooms: 8
- Read more on realtor.com
25 / 50
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#26. 116 E Saddle River Rd, Saddle River

- Price: $8,900,000
- Bedrooms: 6
- Bathrooms: 13
- Read more on realtor.com
26 / 50
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#25. 818 Linden Ln, Brielle

- Price: $8,900,000
- Bedrooms: 9
- Bathrooms: 19
- Read more on realtor.com
27 / 50
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#24. 110 Norwood Ave, Oakhurst

- Price: $8,950,000
- Bedrooms: 6
- Bathrooms: 6
- Read more on realtor.com
28 / 50
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#23. 306 62nd St, Avalon

- Price: $8,995,000
- Bedrooms: 8
- Bathrooms: 10
- Read more on realtor.com
29 / 50
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#22. 1211 Ocean Ave, Mantoloking

- Price: $9,250,000
- Bedrooms: 7
- Bathrooms: 8
- Read more on realtor.com
30 / 50
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#21. 131-133 Harbourton Woodsville Rd, Lambertville

- Price: $9,500,000
- Bedrooms: 5
- Bathrooms: 7
- Read more on realtor.com
31 / 50
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#20. 10 Farmstead Rd, Mahwah

- Price: $9,875,000
- Bedrooms: 7
- Bathrooms: 9
- Read more on realtor.com
32 / 50
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#19. 1417 Ocean Ave, Mantoloking

- Price: $9,950,000
- Bedrooms: 8
- Bathrooms: 9
- Read more on realtor.com
33 / 50
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#18. 82 W River Rd, Rumson

- Price: $9,950,000
- Bedrooms: 7
- Bathrooms: 10
- Read more on realtor.com
34 / 50
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#17. 31 Ward Ave, Rumson

- Price: $10,995,000
- Bedrooms: 7
- Bathrooms: 11
- Read more on realtor.com
35 / 50
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#16. 1 Private Dr, Elberon

- Price: $11,000,000
- Bedrooms: 6
- Bathrooms: 6
- Read more on realtor.com
36 / 50
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#15. 15 Sailors Way, Middletown

- Price: $11,500,000
- Bedrooms: 6
- Bathrooms: 14
- Read more on realtor.com
37 / 50
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#14. 4816 5th Ave, Avalon

- Price: $11,500,000
- Bedrooms: 9
- Bathrooms: 13
- Read more on realtor.com
38 / 50
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#13. 8808 First Ave, Stone Harbor

- Price: $11,900,000
- Bedrooms: 5
- Bathrooms: 6
- Read more on realtor.com
39 / 50
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#12. 903 Ocean Ave, Sea Girt

- Price: $11,995,000
- Bedrooms: 7
- Bathrooms: 8
- Read more on realtor.com
40 / 50
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#11. 807 Ocean Ave, Long Branch

- Price: $12,000,000
- Bedrooms: 7
- Bathrooms: 9
- Read more on realtor.com
41 / 50
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#10. 2 90th St, Stone Harbor

- Price: $13,900,000
- Bedrooms: 8
- Bathrooms: 7
- Read more on realtor.com
42 / 50
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#9. 811 Ocean Ave, Long Branch

- Price: $14,000,000
- Bedrooms: 7
- Bathrooms: 9
- Read more on realtor.com
43 / 50
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#8. 1067 Ocean Ave, Mantoloking

- Price: $14,995,000
- Bedrooms: 9
- Bathrooms: 12
- Read more on realtor.com
44 / 50
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#7. 12 The Esplanade, Alpine

- Price: $15,088,000
- Bedrooms: 7
- Bathrooms: 10
- Read more on realtor.com
45 / 50
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#6. Private Ln, Bernardsville

- Price: $16,900,000
- Bedrooms: 6
- Bathrooms: 14
- Read more on realtor.com
46 / 50
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#5. 144 E Saddle River Rd, Saddle River

- Price: $17,500,000
- Bedrooms: 13
- Bathrooms: 12
- Read more on realtor.com
47 / 50
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#4. 10 Frick Dr, Alpine

- Price: $17,999,000
- Bedrooms: 8
- Bathrooms: 14
- Read more on realtor.com
48 / 50
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#3. 5609 Dune Dr, Avalon

- Price: $22,900,000
- Bedrooms: 7
- Bathrooms: 10
- Read more on realtor.com
49 / 50
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#2. 1 Frick Dr, Alpine

- Price: $32,900,000
- Bedrooms: 12
- Bathrooms: 19
- Read more on realtor.com
50 / 50
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#1. 675 Ramapo Valley Rd, Mahwah

- Price: $39,000,000
- Bedrooms: 21
- Bathrooms: 26
- Read more on realtor.com

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