Median home value in New Jersey

At $418,085, the median home value in New Jersey is 20% above the national figure of $348,220, ranking 9 of 52, with Bergen County the highest county at $561,500.

A typical home value is not a listing price. It is what the middle of the market looks like once every owner-occupied home is counted.

Median home value in New Jersey by county
Rank	County	Typical figure	Context
1	Bergen County	$561,500	953,243 residents
2	Morris County	$531,800	508,816 residents
3	Monmouth County	$519,300	643,064 residents
4	Somerset County	$489,500	344,978 residents
5	Hudson County	$486,900	712,029 residents
6	Hunterdon County	$478,600	129,099 residents
7	Essex County	$466,500	853,374 residents
8	Union County	$458,000	572,079 residents
9	Passaic County	$413,500	519,986 residents
10	Middlesex County	$411,900	860,147 residents
11	Cape May County	$372,300	95,456 residents
12	Ocean County	$343,500	638,691 residents
13	Mercer County	$327,600	383,732 residents
14	Sussex County	$322,300	144,808 residents
15	Burlington County	$304,600	461,853 residents
16	Warren County	$302,300	109,739 residents
17	Gloucester County	$265,200	302,621 residents
18	Atlantic County	$254,100	274,339 residents
19	Camden County	$241,300	522,581 residents
20	Salem County	$208,200	64,840 residents
21	Cumberland County	$192,900	153,588 residents

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Typical home values tell you the shape of a market. A local agent tells you what is on it right now, and what it takes to win it.

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Methodology

Every figure on this page comes from the U.S. Census Bureau's American Community Survey 5-year estimates. We store one row per county and roll counties up to state level, weighting each county by its population so that large metros are not treated the same as very small counties.

The median home value shown for a state is that population-weighted figure, not a simple average of county values. National comparisons use the same method across all states, so the state-versus-U.S. gap you see is a like-for-like comparison.

These are survey estimates, not transaction records, and they describe typical households rather than any individual situation. Nothing here is personalised financial advice.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.

Source: U.S. Census Bureau, American Community Survey (5-year).

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