2 Cape May County Towns Listed Among Most Expensive Places To Live in USA
Two Cape May County towns and six overall in New Jersey have been named among the 100 expensive places to live in the entire county according to PropertyShark.
Six New Jersey ZIP codes landed on this prestigious list, which was the third most out of the 50 states. California had 80 and New York state placed 19 zip codes on the list.
How was the list formed?
To determine the most expensive zip codes in the U.S. in 2024, we looked at residential transactions closed between January 1, 2024, and September 30, 2024, taking into account condo, co-op, and single- and two-family home sales, but excluding all multiparcel deals.
Two Cape May County towns made the list?
First up, coming in at No. 70 overall was Stone Harbor
Stone Harbor, a coveted beach town located along the Jersey Shore, secured the 70th spot with a median home price of $2.2 million.
Stone Harbor did not appear on the list in 2023.
At No. 41 on the list was Avalon
This was the fourth year in a row that Avalon appeared on the list, coming in at No. 56 last year, No. 82 in 2022, and No. 92 in 2021.
The other four New Jersey zip codes on the list were all located in North Jersey with Alpine (24) from Bergan County, Deal (32) in Monmouth County, Mantoloking (59) in Ocean County, and Short Hills (93) from Essex County appearing on the list.
Atherton, CA was No. 1 on the list with a median sale price of $7,900,000.
Check out the full list here.
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Gallery Credit: Josh Hennig/Townsquare Media