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Zillow Home Value Index, Zillow Home Value Index, bottom tier and Zillow Observed Rent Index, and every figure derived from them, reports included.

Visual story

What goes with pricier towns

Each bubble is a trait some New Jersey towns share. Higher up, towns with it have pricier homes than towns without it in the same county; bigger, more towns have it.

Many work from home +47%131 townsMostly owner-occupied +38%108 townsMostly detached houses +37%83 townsLong commutes +25%151 townsNear a train +15%24 townsOld housing stock +4%99 townsNew York jobs +2%129 townsAssessments overdue +2%277 townsFlood exposure −2%107 townsTransit commuters −5%30 townsWater violations −6%189 townsStrained renters −13%147 townsBig apartment buildings −17%37 townsContaminated sites −17%250 towns
Premium: the gap in Zillow’s typical home value between towns with a trait and towns without it, each compared only with towns in its own county, so a trait is not standing in for one county against another. 388 of New Jersey’s 564 towns have a typical home value. A trait goes with pricier towns; it does not make them so. Survey shares carry margins of error, shown on each town’s page.
The figures
TraitTowns with itPremiumPriciest towns with it
Many work from home
20% or more of workers work from home		131 of 388+47%Avalon borough, Sea Girt borough, Stone Harbor borough
Mostly owner-occupied
85% or more of homes lived in by their owners		108 of 388+38%Alpine borough, Loch Arbour village, Avalon borough
Mostly detached houses
85% or more of homes are single-family detached		83 of 388+37%Deal borough, Alpine borough, Loch Arbour village
Long commutes
15% or more of workers commute an hour or more		151 of 388+25%Deal borough, Alpine borough, Avalon borough
Near a train
half or more of homes within reach of a rail station		24 of 388+15%Loch Arbour village, Bay Head borough, Allenhurst borough
Old housing stock
30% or more of homes built before 1940		99 of 388+4%Deal borough, Loch Arbour village, Bay Head borough
New York jobs
10% or more of residents' jobs are in New York City		129 of 386+2%Alpine borough, Saddle River borough, Rumson borough
Assessments overdue
assessed values under 85% of sale prices (the Director's Ratio)		277 of 388+2%Avalon borough, Bay Head borough, Sea Girt borough
Flood exposure
10% or more of homes in a flood zone		107 of 369−2%Loch Arbour village, Avalon borough, Bay Head borough
Transit commuters
15% or more of workers commute by public transit		30 of 388−5%Fair Haven borough, Summit city, Millburn township
Water violations
some homes on a water system with a health-based violation since 2015		189 of 388−6%Alpine borough, Sea Girt borough, Saddle River borough
Strained renters
55% or more of renters spend over 30% of income on housing		147 of 388−13%Bay Head borough, Saddle River borough, Long Beach township
Big apartment buildings
20% or more of homes in buildings of 20+ units		37 of 388−17%Monmouth Beach borough, Sea Bright borough, South Orange Village township
Contaminated sites
5 or more open contaminated sites		250 of 388−17%Franklin Lakes borough, Summit city, Colts Neck township

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