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New Jersey now has 21 towns where starter homes cost more than $1 million

The towns include Alpine, Deal, Loch Arbour and Short Hills. The typical value of a starter home in Deal is $1.9 million.

News 12 Staff

Jul 26, 2024, 12:39 AM

Updated 119 days ago

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There is some bad news for first-time home buyers looking to settle down in New Jersey. The Garden State has 21 towns where the typical starter homes are worth $1 million or more.
The towns include Alpine, Deal, Loch Arbour and Short Hills. The typical value of a starter home in Deal is $1.9 million.
The number of towns in New Jersey with million-dollar starter homes has increased dramatically from two in 2019 to 21 in 2024.