This Is the No. 1 Housing Market in New Jersey—and Home Values Have Nearly Doubled in 5 Years

March 26, 2026

Lakewood leads New Jersey in home value appreciation, with a 97.5% increase over five years and a median home value of $733,729. Other top investment markets include Ventnor City (92.4% increase), Spring Lake (74.2%), Hoptatcong (65.7%), and South Orange (60.2%). New Jersey's housing market is competitive, with costs 15% above the national average. Northern New Jersey is also noted as a key market to watch in 2026.

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Alexander Do

+1-888-353-8735

Palisades Real Estate LLC

Fort Lee, New Jersey

As a real estate professional, I assist clients in buying, selling, or renting properties. I have expertise in the local market, property valuation, and negotiations. My roles often include marketing properties, conducting property showings, and guiding clients through transactions' legal and financial aspects. As a business broker, on the other hand, I specialize in selling and purchasing businesses rather than real estate. I help business owners sell their companies and assist buyers in finding businesses that match their investment goals. Business brokers evaluate businesses, prepare them for sale, and facilitate negotiations between buyers and sellers, ensuring that both parties understand the complexities involved in the transaction. Both roles require strong interpersonal skills, a deep understanding of their respective markets, and knowledge of financial analysis and valuation techniques.

Which Homes Can You Afford?

See Your Options

How Much Is Your Home Worth?

Find My Home Value