Average Mansion and Luxury Home Prices in New Jersey

Alpine	Bergen	NJ	3,590,000
New Vernon	Morris	NJ	1,837,500
Deal	Monmouth	NJ	1,300,000
Englewood Cliffs	Bergen	NJ	1,300,000
Far Hills	Somerset	NJ	1,275,000
Short Hills	Essex	NJ	1,257,000
Essex Fells	Essex	NJ	1,175,000
Franklin Lakes	Bergen	NJ	1,075,000
Saddle River	Bergen	NJ	999,888
Avalon	Cape May	NJ	985,000
Mountain Lakes	Morris	NJ	972,717
Mantoloking	Ocean	NJ	954,750
Sea Girt	Monmouth	NJ	907,500
Chester	Morris	NJ	870,000
Colts Neck	Monmouth	NJ	856,250
Longport	Atlantic	NJ	855,000
Rumson	Monmouth	NJ	850,000
Woodcliff Lake	Bergen	NJ	815,000
Cape May Point	Cape May	NJ	772,500
Skillman	Somerset	NJ	762,500
Warren	Somerset	NJ	753,500
Avon By The Sea	Monmouth	NJ	750,000
Demarest	Bergen	NJ	750,000
Wyckoff	Bergen	NJ	750,000
Mendham	Morris	NJ	750,000
Barnegat Light	Ocean	NJ	747,500
Ho Ho Kus	Bergen	NJ	740,000
Chatham	Morris	NJ	739,500
Allenhurst	Monmouth	NJ	735,000
Stone Harbor	Cape May	NJ	735,000
Beach Haven	Ocean	NJ	722,500
Brookside	Morris	NJ	718,500
Tenafly	Bergen	NJ	707,500
Montclair	Essex	NJ	699,000
Closter	Bergen	NJ	695,000
Westfield	Union	NJ	695,000
Sea Isle City	Cape May	NJ	688,250
Ridgewood	Bergen	NJ	677,000

Search Mansions for Sale in New Jersey

General
New Jersey is located in the Mid-Atlantic and Northeastern regions of the United States. It is bordered by New York, the Hudson River, Sandy Hook Bay, Long Island and the Atlantic Ocean. Delaware borders New Jersey only on the southwestern side, and Pennsylvania lies to the west of New Jersey. New Jersey lies largely within the sprawling metropolitan areas of New York and Philadelphia.

In the 19th century, factories in cities such as Paterson and Trenton helped to drive the Industrial Revolution. New Jersey's position at the center of the Northeast Corridor, between Boston, New York City, Philadelphia, Baltimore and Washington, D.C., fueled its rapid growth through the suburban boom of the 1950s and beyond. Today, New Jersey has the highest population density and the second highest median income of any state in the United States. Only Maryland has a higher median income.

Economy
The Bureau of Economic Analysis estimates that New Jersey's total state product in 2006 was $434 billion.

Its Per Capita personal income in 2007 was $49,511, 2nd in the U.S. and above the national average of $38,615. Its median household income is the highest in the nation with $67,142. The state also has the highest percentage of millionaire households. It is ranked 2nd in the nation by the number of places with per capita incomes above national average with 76.4%. Nine of New Jersey's counties are in the wealthiest 100 of the country.

New Jersey's economy is centered on the pharmaceutical industry, chemical development, telecommunications, food processing, electric equipment, printing and publishing, and tourism. New Jersey's agricultural outputs are nursery stock, horses, vegetables, fruits and nuts, seafood, and dairy products.

Search Mansions for Sale in New Jersey