Richest Towns in South Jersey

10 Richest Towns in South Jersey (2024)

Are you interested in finding out where the wealthiest towns in South Jersey are located? Most of these rich South Jersey towns can be found along the Jersey Shore, home to multi-million-dollar beachfront properties. In this article, we’ll take a closer look at the richest towns in South Jersey.

Richest Towns in South Jersey

1. Avalon, NJ 

Avalon is the richest town in South Jersey with a median home price of $2,410,000 and a mean income of $199,058. It’s one of the most expensive places to buy a house on the Jersey Shore.

Suburban Home Beach

Located in Cape May County, Avalon is an affluent town with stunning beachfront properties. The town is known for its pristine beaches, upscale dining, and vibrant community.

With a population of 1,243 residents, there is a high percentage of retirees living in Avalon where 51.3% of residents are senior citizens. While only 8% of the population are children under 18 years old. 

Nearly every household, at 96.9%, is owner-occupied, and the average rent is $1,205.

Avalon, NJ
Mean Income$199,058
Median Home Price$2,410,000

Check out the Richest Towns in NJ

2. Stone Harbor, NJ 

Stone Harbor is the second richest town in South Jersey with a mean income of $195,427. The median home price at Stone Harbor is $2,592,308, making it the most expensive place to buy a beach house in South Jersey.

Jersey Shore NJ

Also located in Cape May County, Stone Harbor is one of the richest towns on the Jersey Shore with beautiful beaches and lots of shopping on 96th street.

It’s a small affluent beach town with a population of 796 residents. Similar to Avalon, there are a lot of retirees living in Stone Harbor with 44.4% of the residents age 65 years and older. While only 7.2% of the population are children under 18. 

89.9% of the homes are owner-occupied. The average rent in Stone Harbor is $1,300.

Stone Harbor, NJ
Mean Income$195,427
Median Home Price$2,592,308

Check out the Richest Beach Towns in NJ

3. Strathmere, NJ 

Strathmere is one of the richest towns in South Jersey with a median home price in Strathmere is $2,499,998, and a mean income is $179,082. 

Beach

It is an affluent Jersey Shore town that is mostly residential and quiet- perfect for anyone looking to get away.

It is a small coastal community with only 137 residents of which 11.2% are children under 18 and a significant 26.7% of residents are seniors.

Strathmere is a quiet beach town with high-end real estate where 100% of the homes are owner-occupied. 

Strathmere, NJ
Mean Income$179,082
Median Home Price$2,499,998

4. Longport, NJ 

Longport is one of the wealthiest towns in South Jersey with a median home price of $1,484,950 and a mean income of $175,667.

Longport NJ Jersey shore

Located in Atlantic County, Longport is a rich South Jersey town with beautiful waterfront homes and long stretches of sandy beaches.  It’s conveniently located just 6 miles from the casinos and restaurants of Atlantic City.

Longport is a small town with a population of only 893 residents. It is a popular Jersey Shore town for retirees where 46.9% of residents are seniors over 65 years old. Perhaps the beach and close proximity to casinos make Longport attractive to retirees.

While only 6.5% of residents are children under 18 years old.

Most of the homes in Longport are owner-occupied (85.3%). The average rent in Longport is $2000.

Longport, NJ
Mean Income$175,667
Median Home Price$1,484,950

5. Sea Isle City, NJ 

Sea Isle City is one of the richest cities in South Jersey with a median home price of $1,414,877, and a mean income is $117,827.

Belmar Beach Jersey shore

Located on South Jersey Shore, Sea Isle City is a popular summer destination with beautiful beaches and a promenade with lots of shops and restaurants.

It is a small seaside community with a population of 2,104 residents. Sea Isle City attracts a lot of retirees with nearly half of the residents, 49.3% being seniors.

Most of the homes in Sea Isle City are owner-occupied (92.9%). The average rent in Sea Isle City is $1,589.

Sea Isle City, NJ
Mean Income$117,827
Median Home Price$1,414,877

6. Cape May Point, NJ 

Cape May Point is one of the richest South Jersey Shore towns with a median home price of $1,458,778, and a mean income of $106,858.

Cape May Point, NJ Jersey shore

Cape May Point is an affluent seaside town with a small population of 305 residents. It’s particularly popular among retirees, with 77.3% of residents being senior citizens. 

The town is famous for its pristine beaches and stunning views of the Atlantic Ocean. Cape May Point is home to Cape May Point State Park which is famous for its lighthouse and is a bird migration hotspot.

All of the homes in Cape May Point are owner-occupied.

Cape May Point, NJ
Mean Income$106,858
Median Home Price$1,458,778

7. West Cape May, NJ 

West Cape May is one of the wealthiest towns in South Jersey with a median home price of  $1,121,169, and a mean income of $110,535.

Cape May Lighthouse in Jersey shore NJ

It’s an affluent South Jersey shore town with a population of 1,010 known for its picturesque streets, historic homes, quaint shops and beautiful beaches. 

There is a significant 35.8% of senior citizens living in West Cape May while 18% of the population are children under 18 years old.

Most of the residents at West Cape May own their home with 86.7% of homes being owner-occupied. The average rent in West Cape May is $1,090.

West Cape May, NJ
Mean Income$110,535
Median Home Price$1,121,169

8. Margate City, NJ 

Margate City is one of the richest beach towns in South Jersey with a median home price of $885,965, and a mean income is $155,798.

Margate City , NJ Jersey shore

Located on the southern end of Absecon Island, near Atlantic City, Margate City is a  bustling town with a population of 5,317 residents.

It’s a popular summer destination with beautiful beaches. Nestled between the Atlantic Ocean and Lakes Bay it has beaches on both the bay side and the Atlantic Ocean. The Atlantic Ocean beaches are perfect for surfing while the calmer bay side beaches are great for kayaking. 

A substantial 34.3% of Margate City’s population are seniors while only 13.3% are children under 18 years old.

Most of the homes at Margate City are owner-occupied (86.3%). The average rent in Margate City is $1,337.

Margate City, NJ
Mean Income$155,798
Median Home Price$885,965

9. Ocean City, NJ 

Ocean City is one of the richest cities in South Jersey with a median home price of $931,961 and a mean income of $131,600.

Ocean City , NJ Jersey shore

Located in Cape May County, Ocean City is a popular Jersey Shore town famous for its long 8.5-mile stretch of pristine beach, 2.5-mile boardwalk with lots of shops, restaurants and amusement parks.

Ocean City has a population of 11,229 residents where a substantial 34.2% of residents are seniors while only 15.5% of the residents are children under 18 years old.

Additionally, 70.3% of homes are owner-occupied. The average rent in Ocean City is $1,332.

Ocean City, NJ
Mean Income$131,600
Median Home Price$931,961

10. Cape May, NJ 

Cape May is one of the richest towns in South Jersey with a median home price of $775,423 and a mean income of $117,735. 

Cape May , NJ Jersey shore

Located on the Southern tip of Cape May Peninsula, Cape May is known for its well-preserved Victorian architecture. Cape May is a national historic landmark city that is often referred to as the “Nation’s Oldest Seashore Resort.”

Cape May residents are lucky to have beautiful beaches, the stores and restaurants along Washington Street Mall, and the largest collection of painted Victorian homes in the country right at their doorstep!

Cape May is a small affluent South Jersey town with a population of 2,768 of which 14.9% of the population are children under 18 and 26% of residents are seniors.

There are many rentals in Cape May, only 55.3% of homes are owner-occupied. The average rent in Cape May is $1,066.

Cape May, NJ
Mean Income$117,735
Median Home Price$775,423

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