The New Jersey Luxury Real Estate Blog

The Most Expensive Zip Codes in New Jersey in 2016

Quick facts:

  • Alpine’s 07620 still reigns supreme as the most expensive zip code in New Jersey;
  • Short Hills, Time magazine’s ‘Richest Town in America’ of 2014, boasts the second most expensive zip code in the state;
  • Hoboken’s 07030 (#33 on our list) was the setting for the largest number of residential transactions in 2016—830;
  • The biggest deals of the year in New Jersey were the $10M sales of 85 Ocean Ave. and 9 Wallace Road in Deal, N.J.

As New York City housing costs continue to skyrocket, pushing homeownership out of reach for many people, residents are shifting their focus across the Hudson River. According to a Q4 2016 report from Marcus & Millichap, households and businesses alike are flocking to New Jersey, adding thousands of new jobs and fueling both single- and multi-family development in the region. As a result, the market has blossomed into one of the most sought-after destinations in the Northeast.

At the end of last year, PropertyShark compiled a list of the most expensive zip codes in the U.S., and 2 New Jersey zip codes made the cut: Alpine’s 07620 landed the 44th spot on our list, and Short Hills’ 07078 landed the 88th. This year, we thought we’d take a closer look at the market and round up the most expensive zip codes in The Garden State.

The top three zip codes on our list will come as no surprise—these cities have made quite a few ‘most...

Iconic South Orange Tudor: 441 Overhill Road, South Orange NJ

441 Overhill Road Front Photo

Delightfully bright, fresh and modern, this stately English Tudor nestled at the top of Newstead is one of South Orange's most iconic, offering 7 generously sized bedrooms, 3 full & 2 half baths, 2 car garage, seasonal NYC views and many recent upgrades. Custom features abound including a sweeping marble staircase, roaring gas fireplace, slate roof, all brick exterior and intricate millwork throughout. Gleaming hardwood floors, crisp white walls and banks of windows set the tone. Bask in the grandeur of soaring ceilings and sunlight in every corner, featuring a front-to-back living room and banquet-sized dining room, first-floor office and elegant leaded glass windows. The spectacular lower level offers a cinema-quality home theater and at-home "diner", while an expansive patio offers al fresco entertaining and seasonal enjoyment. Less than a block to the NYC jitney, be prepared to fall in love.

7 bedrooms, 3 full and 2 half baths, 2 car attached garage, large rooms, gas fireplace, Conveniently located to NYC transportation and so much more.

For more information visit www.441OverhillRoad.com or contact Tony Verducci at 973.477.2220.

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