New Jersey’s diverse real estate market offers an impressive variety of homes for those with a $1 million budget. From stately Colonials in historic neighborhoods to modern luxury homes in serene cul-de-sacs to, well, not all that impressive homes the Garden State provides a blend of urban convenience, suburban charm, and coastal elegance. Whether you’re seeking a spacious home with high-end amenities, sprawling private lots with outdoor retreats, or homes with character and history, New Jersey delivers. With options spanning modern renovations, classic designs, and versatile living spaces, these homes showcase what it truly means to live in comfort and style. Dive in to explore some of the most appealing properties available in New Jersey at this price point.
10. Newark City, NJ – $990,000
This property in Newark City is priced at $990,000. This 5,699 sq. ft. Georgian Colonial, built in 1925, is located in the Forest Hill historic district. The home includes eight bedrooms, four full baths, and one half bath spread across three stories. Original features include hardwood floors, carved wood balustrades, alabaster chandelier, coffered ceilings, and several wood-burning fireplaces with granite and marble surrounds. The kitchen features a butler’s pantry with custom cabinetry, and the formal living spaces include a grand entrance, living room, dining room, and morning room. The outdoor area includes a garden, a roofed veranda, and a landscaped yard with magnolia, dogwood, and crab apple trees.
9. Trenton, NJ – $989,900
Here’s what you get in Trenton for $989,900. This 9,000 sq. ft. home, built in 1929, features six bedrooms, seven bathrooms, and five-zone central heat and air conditioning. The main level includes a formal living room, dining room, office, and two living spaces, with three wood-burning fireplaces and a modern eat-in kitchen equipped with a Viking range, wine refrigerator, and center island with prep sink. The second floor houses the master suite with a private balcony and restored original Robertson Art Tiles in the en-suite bathroom, along with additional bedrooms, bathrooms, and a den. The finished third level includes a theater room, bedroom, and a half bathroom, while the lower level offers a game room, wet bar, wine cellar, and a summer kitchen. The property also includes nearly 100 original leaded glass windows, a professionally maintained Ludowici roof, and extensive outdoor entertaining spaces.
8. Princeton, NJ – $995,000
All this in Princeton for $995,000. This single-family home, built in 1965, features four bedrooms and two bathrooms within 1,440 square feet of living space. The property is designed for practical living, offering sufficient room for family or guests. The home includes standard amenities expected for its era of construction. It provides opportunities for updates or customization to meet modern needs. The layout is straightforward, catering to functional day-to-day living.
7. Toms River, NJ – $985,000
Here’s an example of a $985,000 home in Toms River. This 4-bedroom, 2.5-bathroom brick colonial, built in 2000, is located in the North Dover section of Toms River. The home features a two-story foyer, a living room with a gas fireplace, and an eat-in kitchen with a center island, breakfast nook, and sliding doors leading outside. The primary suite includes his-and-hers walk-in closets and an updated bathroom with a jet tub. The partially finished basement and a two-car garage, updated with new motors in 2021, add functional space. The fenced backyard offers a saltwater heated in-ground pool, composite deck, stamped concrete patio, and an in-ground sprinkler system powered by well water.
6. Clifton City, NJ – $1,100,000
All this for $1,100,000 in Clifton City. This 4-bedroom, 3.5-bathroom single-family home was built in 2016 and remodeled in 2018. It includes a fully finished basement and a gourmet kitchen featuring marble countertops and wood cabinetry. The property offers a 7-car garage for ample storage and parking. The home also features a private jacuzzi for added comfort and relaxation. Located in a desirable Clifton community, it provides access to excellent amenities and schools.
5. Morristown Town, NJ – $945,000
In Morristown Town, this is an example of what you can buy for $945,000. This 2,088 sq. ft. property, built in 1956, is currently used as commercial office space. The layout includes a kitchenette, and closets have been removed from the bedrooms, requiring renovations to revert it to single-family residential use. Located in downtown Morristown, it is within proximity to the train station, restaurants, and shopping. The property is zoned RT, permitting single and multifamily uses, with a zoning permit required to convert back to residential use. The square footage includes a finished basement, as noted in tax records.
4. Montclair Twp., NJ – $1,100,000
For $1,100,000, here’s what you get in Montclair. This 3,164 sq. ft. Colonial home, built in 1914, features six bedrooms, three full bathrooms, and one half bathroom. The property includes an additional buildable flag lot measuring 67′ x 114′, providing opportunities for expansion or investment. It is located near Magnet Schools and Nishuane Park, a 17-acre space with recreational amenities such as athletic fields, courts, a playground, a swimming pool, and an outdoor stage. The home is being sold “as is” and is suitable for cash or hard money buyers. This property offers both residential living and development potential.
3. Bayonne City, NJ – $929,000
This home in Bayonne City is all yours for $929,000. This single-family home, built in 1940, features three bedrooms and 3.5 bathrooms. The property includes a home gym, a formal dining room, and a kitchen equipped with stainless steel appliances and granite countertops. The master bedroom is well-lit with natural light, and the main bathroom includes spa-like features. Wood flooring is present throughout the living areas, and a patio offers outdoor space for gatherings. Located in Bayonne, the home provides convenient access to shopping, transportation, and nearby highways for easy commuting.
2. Paramus, NJ – $949,900
In Paramus, $949,900 will get you this property. This home is located at the end of a quiet cul-de-sac in a sought-after Paramus neighborhood. It features four bedrooms, including a primary suite with a private bath and walk-in closet. The updated kitchen includes granite countertops, stainless steel appliances, and ample storage, while the formal dining room and living spaces have hardwood floors. The finished lower level provides flexible use as an office, playroom, or hobby area. Outside, the large backyard is complemented by a whole-house generator for uninterrupted functionality.
1. Lakewood, NJ – $995,000
I’d say you get the most modest home for nearly a million dollars in Lakewood. This split-level home offers six bedrooms and three full bathrooms across 2,264 square feet of living space. A new roof and hardwood flooring enhance the property’s functionality and style. The kitchen features floor-to-ceiling wood cabinets, double sinks, and a double wall oven, with a separate side entrance for convenience. The dining room has sliding doors that lead to a large deck overlooking a 11,400+ square foot corner property with a private, partially tree-lined fenced backyard. The garage has been renovated into a family room, providing additional living space.
