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flag New Jersey’s wealthy suburbs see rising home prices due to high demand, low inventory, and suburban appeal.

flag Home prices in New Jersey’s affluent towns continue to rise, driven by strong demand, limited inventory, and a preference for suburban living. flag Areas like Montclair, Morristown, and Bernardsville have seen significant price increases, with some properties selling above list price. flag Economic stability and proximity to New York City remain key factors attracting buyers. flag Despite higher mortgage rates, interest from out-of-state and remote workers has sustained market momentum.

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