Two places in New Jersey have made it onto a list of the most expensive ZIP codes in the United States. Woo hoo! Or maybe not — just think about the property taxes. The two are Alpine’s 07620, where the median sale price for a home in 2017 was $1,775,000; that landed it in 50th place among a total of 110 ZIP codes listed, and Short Hills’ 07078 is in 93rd place (median sale price, $1,422,500).
The list, which reflects sales in 2017, was put together by propertyshark.com, the property-research website. It is based on analysis of the sale of single-family homes, condos, and co-op units.
The starkest fact about the compilation is that it includes ZIP codes in only 11 states. And of the 110 ZIP codes listed, 77 are in California; New York comes next, with 19 on the list.
The most expensive ZIP code on the list is in San Mateo County, California: Atherton’s 94027 had a median home sale price last year that was just a whisper below $5 million.