Monmouth County’s Million-Dollar Towns

Written By Carly

By Carly York, Resources Real Estate

Where does Luxury Live in Monmouth County?

Located in coastal central New Jersey, Monmouth County has impressive waterfront credentials: 27 miles of beachfront on the Atlantic coastline, and 26 miles of coastline on the Raritan and Sandy Hook Bays. It has easy access to New York City with the SeaStreak and NY Waterway Ferry systems, NJ Transit Trains, and the NY Parkway. Over 643,000 people call the 468.2 square miles of Monmouth County home. 

There are 53 distinct municipalities in Monmouth County. In this article, I am sharing insights on the 13 towns that had median home sale prices over $1 million in 2024. These communities represent the pinnacle of luxury living in the county. 

Top Luxury Towns in Monmouth County

1. Loch Arbor Village

  • Median Sale Price (2024): $3.9 million

  • Population: 199 residents

  • Size: 0.1 square miles

  • Market Notes: Only one sale in 2024, with no homes currently on the market

  • Distinctions: Commands the highest “Median” sale price in the county, but that was with only one home. The highest priced house that sold in 2024 was actually a waterfront estate on the Navesink River in Middletown Township that sold for $10,250,000. As of March 2025, the current highest priced property in Monmouth County is a horse farm in Colts Neck, listed at $28,000,000. 

2. Deal

  • Median Sale Price (2024): $3.15 million

  • Population: 632 residents

  • Size: 1.2 square miles

  • Market Notes: Only one sale so far in 2025, which spent 208 days on market

  • Distinction: One of the most exclusive communities in Monmouth County

3. Spring Lake

  • Median Sale Price (2024): $2.8 million

  • Population: 2782

  • Size: 1.3 square miles

  • Market Notes: Eight homes sold already in 2025, averaging 74 days on market

  • Distinction: Known as the "Irish Riviera," attracting buyers seeking charm and oceanfront living

4. Sea Girt

  • Median Sale Price (2024): $2.775 million

  • Size: 1.1 square miles, with a population of 1978 residents.

  • Market Notes: Only two home sales so far in 2025; only 30 sales in 2024

Distinction: Highly exclusive coastal community

5. Allenhurst

  • Median Sale Price (2024): $2,248,500

  • Population: 387 residents

  • Size: 0.3 square mile

  • Market Notes: Only four home sales last year

  • Distinction: Tiny borough with premium coastal real estate

6. Rumson

  • Median Sale Price (2024): $2,230,000

  • Population: 7,265 residents

  • Size: 5.1 square miles

  • Distinction: First town on our list not directly on the beach; situated on a peninsula surrounded by the Navesink and Shrewsbury Rivers

7. Avon-by-the-Sea

  • Median Sale Price (2024): $1,945,000

  • Market Notes: Two sales already in 2025, with faster market pace at just 36 days to go under contract

  • Distinction: Charming oceanfront community featuring both condos and single-family homes

8. Interlaken

  • Median Sale Price (2024): $1,749,500

  • Size: 0.3 square miles

  • Market Notes: Four homes sold last year; already three sales in 2025 with remarkably quick market time of just 20 days

  • Distinction: Small but sought-after community, with easy access to hip Asbury Park

9. Fair Haven

  • Median Sale Price (2024): $1,450,000

  • Population: Over 6,182 residents

  • Size: 1.6 square miles

  • Market Notes: Eight sales already in 2025

  • Distinction: High-demand community with charming walkable downtown and large single-family homes

10. Sea Bright

  • Median Sale Price (2024): $1.4 million

  • Size: 0.7 square miles

  • Distinction: Coastal town occupying a narrow strip between the Atlantic ocean and the Shrewsbury River; features high-density population with townhouses, condos, and single-family homes

11. Colts Neck

  • Median Sale Price (2024): $1,275,000

  • Population: Of 9,942 people

  • Size: A large 30.7 square miles

  • Distinction: Western-most luxury town on our list; equestrian community attracting buyers seeking spacious homes and land

12. Manasquan

  • Median Sale Price (2024): $1,185,000

  • Population: Over 5,900 people

  • Size: 1.4 square miles

  • Market Notes: Very active real estate market with 96 homes sold in 2024

13. Brielle

  • Median Sale Price (2024): $1,150,000

  • Population: 4960 residents

  • Size: 1.8 square miles

  • Distinction: While it is less densely populated than its neighboring town of Manasquan, Brielle maintains its position in the top tier of Monmouth County luxury real estate

Market Insights for Buyers and Sellers

For sellers in these luxury markets, pricing strategically and marketing to the right buyer is key to getting top dollar for your property. The Luxury Real Estate market is primarily saturated in these 13 municipalities. According to a 2024 Redfin article, only 8.5% of all U.S. homes are valued at one million dollars or higher. However, data from the Monmouth-Ocean MLS system shows that there were a total of 6981 housing units sold in Monmouth County in 2024, and 1361 of those sold for one million dollars or more, which is 19.5% of the total volume of homes sold. While that percentage is higher than the national numbers, 54% of all homes sold in Monmouth County were between the price range of $500,000 – $999,999. Smart positioning is required to capture the smaller luxury buyer pool when selling homes over one million dollars. 

If you are curious about the current market analysis of your luxury home in Monmouth County, or if you're a home buyer interested in seeing luxury properties, reach out to me, Carly York with Resources Real Estate at 732-212-0440.

Carly York is a real estate broker-associate with Resources Real Estate, focusing on high-end properties throughout Monmouth County, New Jersey.

Carly

Carly York is a Real Estate Expert who helps home sellers and buyers transform their lifestyles!

She understands that moving is more than a transaction—it’s a major life change. Carly knows that homeownership isn’t just the American Dream; it’s the key to living life on your own terms.

With a doctorate in education, Carly brings a rare blend of analytical skill, deep market knowledge, and a teacher’s ability to simplify complex real estate decisions. Since 2015, she has guided clients through numerous transactions, helping them buy and sell with confidence and peace of mind.

After taking a brief hiatus to focus on personal and professional growth, Carly has returned with fresh energy and a renewed commitment to her clients. Whether navigating a competitive market, preparing a home for sale, or finding the perfect property, Carly’s strategic approach ensures her clients achieve their real estate goals.

As a Monmouth County native, she offers unmatched knowledge of local towns, schools, and infrastructure—making her an invaluable resource for newcomers. Having personally endured major life challenges, including Hurricane Sandy, Carly is especially equipped to help clients facing transitions such as marriage, divorce, growing families, empty nesting, or other significant life changes.

Carly has earned the prestigious New Jersey Realtors® Circle of Excellence Sales Award for multiple years (2017, 2018, 2019, 2021, 2022) and is a proud Broker-Associate with Resources Real Estate in Colts Neck, NJ. In the ever-evolving real estate market, Carly is the expert guide that buyers and sellers need to make smart, informed decisions.

If you’re ready to move, Carly is ready to help!

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