
New Jersey home values were hit hard by the housing crash, and the state remains one of the the highest-taxed in the nation. But in these 15 markets, home prices are moving up rapidly. NJ.com reports:
After many years of lagging home prices, New Jersey's real estate market is getting much stronger.
The median home value in June was $318,300, the first time it has hit that mark since January 2005, according to Zillow, the real estate website.
Home prices have increased 8.7 percent in New Jersey in the past year, compared with the 8.3 percent nationally. With home prices rising and housing stock declining, the state’s decidedly a seller's market.
Just ask anyone trying to buy a home right now.