home prices

Take a look at some of the most expensive towns to live in New Jersey based on home prices.

New Jersey's -3.9% discount below market value in February is the biggest price gap ATTOM Data Solutions measured for any state in any month.

The Garden State is also on the wrong side of the ledger when it comes to seriously underwater mortgages, where property owners owe at least 25 percent more than a home's current estimated value.

But some of the more outlandish home buying anecdotes may not repeat themselves; there might be closer to an average of six to 12 offers per property, at 3% to 5% over the asking price.

The difficulties in securing single-family properties have seemingly pushed many toward townhouses and condo units, for which sales were up almost 11% in August versus the same month in 2020.