Tuesday, August 4, 2015

NJ among states with most million-dollar homes

With home values rising in an improving market, million-dollar homes don't provide as much as they used to.

NJ among states with most million-dollar homes

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With home values rising in an improving market, million-dollar homes don’t provide as much as they used to.

In some states, such as New Jersey, these pricey pads are more common than in other parts of the country.

A new report on Zillow ranks New Jersey as one of the states with the largest percentage of homes valued at $1 million. The Garden State has nearly 100,000 million-dollar homes, up from about 63,000 at the height of the recession, the report states.

Although a large percentage of North Jersey towns in the New York City region are among the richest in the country, there are still many expensive places to live in South Jersey.

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Click through the slideshow to view million-dollar homes in Burlington, Camden and Gloucester counties that are currently on the market.

Other states that are ranked include New York, Connecticut, Rhode Island, California, among others. Pennsylvania and Delaware did not make the list. 

[Zillow]

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