Short Hills landed among the 100 most expensive ZIP codes in the country, ranking 76th nationally and fifth in New Jersey with a $2.45 million median sale price.
The figures come from PropertyShark's 11th annual ranking of the priciest U.S. ZIP codes, released Oct. 13. The report analyzed residential transactions that closed between Jan. 1 and Sept. 30, including condos, co-ops and single- and two-family homes in ZIP codes with at least five sales.
Short Hills' median rose from $2.415 million in 2025, when the 07078 ZIP code placed 69th nationally. That 2025 figure itself marked a 24% jump from the prior year, according to PropertyShark's New Jersey report. The 2026 increase was far more modest: about $35,000, or roughly 1.4%.
New Jersey set a record this year with seven ZIP codes on the national list, up from six in 2025. NJ.com reporter Allison Pries first reported the milestone.
Alpine led the state at No. 15 nationally with a $4.38 million median. Stone Harbor followed at No. 41 ($3.13 million), Avalon at No. 55 ($2.8 million) and Deal at No. 64 ($2.65 million).
PropertyShark's 2025 New Jersey report attributed Short Hills' continued presence on the list to competition for homes in the Millburn Township School District, one of the top-ranked districts nationally. The community's roughly 30-minute train commute to Manhattan also draws high-income buyers, the firm noted.
Rumson and Cape May Point, the state's sixth- and seventh-ranked ZIP codes, appeared on the national list for the first time. Rumson posted a $2.41 million median at No. 84, while Cape May Point debuted at $2.35 million and No. 89.
Deal was the only New Jersey ZIP code where the median fell. It dropped nearly $1 million from $3.55 million in 2025 to $2.65 million, according to PropertyShark.
Six of the seven New Jersey ZIP codes on the list reached record-high prices, PropertyShark reported.
