New Jersey’s real estate market offers a variety of luxury homes in the $5 million price range. These properties often include spacious layouts, high-end finishes, and desirable locations. Homes in this price range commonly feature multiple bedrooms, gourmet kitchens, and custom amenities like pools or home theaters. Many are located in prestigious neighborhoods or offer access to waterfront views and private outdoor spaces. This list highlights ten properties in New Jersey priced at $5 million, showcasing the features and designs available at this level.
6. Mantoloking, NJ – $4,900,000

This Mantoloking waterfront home, built in 1988 and recently updated, offers six bedrooms (three en-suite), five and a half bathrooms, and over 4,200 square feet of living space with hardwood floors. Priced at $4,900,000, the property features a deep-water dock with boat and jet ski lift, a saltwater gunite pool, gas fire pit, and an outdoor kitchen. The Curtis Point community provides private beach access, tennis and pickleball courts. Nine-foot-plus ceilings enhance the home’s spacious layout.
Where is Mantoloking, New Jersey?

Located on the Barnegat Peninsula in Ocean County, Mantoloking, NJ 08738 is a small, exclusive borough along the Jersey Shore. It features pristine oceanfront and bayfront properties, offering scenic coastal views and a tranquil environment. Known for its upscale homes and private beaches, Mantoloking attracts those seeking a serene seaside escape.
Living Space

Living area with coffered ceilings, recessed lighting, and a cozy fireplace. Built-in shelving adds both storage and decorative charm. Light-colored furniture contrasts beautifully against the deep navy walls, creating a sophisticated ambiance.
Kitchen with Island and Dining Area

Open-concept kitchen and dining area with a large island, sleek countertops, and modern cabinetry. Natural light streams through expansive windows and French doors leading to the outdoor patio. A statement chandelier elevates the aesthetic of the dining experience.
Bedroom

Inviting bedroom featuring soft neutral tones and large windows for natural light. A ceiling fan adds comfort while the clean, minimalist design ensures a tranquil retreat. The window views provide a serene glimpse of the surrounding neighborhood.
Pool Deck

Expansive outdoor deck with a private pool and spa overlooking a peaceful neighborhood. Comfortable lounge chairs offer a perfect spot to unwind under the sun. A well-maintained fence surrounds the space, ensuring privacy and safety.
Source: Edwin Oels & Stephen Candelino @ O’Brien Realty, LLC. via Coldwell Banker
5. Deal, NJ – $4,499,900

In Deal, a 3,273-square-foot, five-bedroom, four-bathroom house built in 1970 is listed at $4,499,900. The property includes approved plans for a new 9,008-square-foot house with nine bedrooms and ten and a half bathrooms. The existing home’s foundation and utilities are configured to accommodate the new construction, which conforms to Deal’s zoning and building codes.
Where is Deal, New Jersey?

Situated in Monmouth County, Deal, NJ 07723 lies along the scenic Jersey Shore, offering stunning ocean views and a peaceful coastal environment. Known for its luxurious homes and private beaches, it attracts both year-round residents and seasonal visitors. The borough’s close proximity to popular shore destinations and its tranquil setting make it a highly desirable location.
Vibrant Lounge

Sophisticated lounge featuring mirrored walls, vibrant green built-in cabinets, and a plush L-shaped sectional that invites relaxation. The large windows provide ample natural light, creating a lively yet cozy atmosphere. A glass coffee table adds a modern touch, perfectly complementing the sleek décor.
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Dining Area

Dining area featuring a large wooden table with cushioned chairs. Full-height windows bring in abundant natural light, offering a view of the outdoor deck. A modern chandelier and sleek white cabinetry create a clean, contemporary atmosphere.
Kitchen

Kitchen with sleek white cabinetry and wood countertops that add warmth. Built-in appliances, including a double oven and a large stainless steel refrigerator, ensure modern convenience. A central island with a cooktop offers additional prep space, while under-cabinet lighting highlights the clean design.
Contemporary Glass-Walled Estate with Pool

Stunning modern architectural design featuring expansive glass walls and sleek stone finishes. The open layout integrates indoor and outdoor living, with a beautiful pool and sun deck surrounded by greenery. A rooftop terrace adds a luxurious touch, perfect for relaxing or entertaining.
Source: Adele Cohen @ Irwin Leventer Real Estate Inc via Coldwell Banker
4. Long Beach Township, NJ – $5,300,000

A five-bedroom, five-bathroom, 3,893-square-foot oceanfront home in Long Beach Township is listed at $5,300,000. Built in 2022, the home features an open-concept top floor with a living room, dining area, and gourmet kitchen. Expansive decks offer ocean views, outdoor seating, and a private pool. The second level includes three bedrooms, two bathrooms, and a living area with a wet bar. The lower level contains a sitting area, a bedroom, a bathroom, a two-car garage, and outdoor showers.
Where is Long Beach Township?

Positioned on Long Beach Island in Ocean County, Long Beach Township, NJ 08008 is a well-known coastal area with miles of shoreline along the Jersey Shore. It encompasses several charming neighborhoods, each offering unique beachside living and recreational opportunities. Popular for its family-friendly environment, scenic beaches, and outdoor activities, it attracts both seasonal visitors and permanent residents.
Open-Concept Living

The living space opens up to breathtaking panoramic ocean views through expansive windows, flooding the room with natural light. Soft neutral tones, modern coastal decor, and plush leather seating create an inviting ambiance. A fireplace adds warmth, while open-concept design seamlessly connects the living area to the adjacent kitchen and dining space, perfect for entertaining.
Dining Area

Dining area offers a front-row view of the ocean through expansive glass doors and windows, creating a serene atmosphere for meals. A rustic wooden table with woven chairs enhances the coastal charm while providing ample seating for guests. The elegant overhead lighting adds a modern touch, perfectly balancing style and functionality.
Bedroom

Bright and airy primary suite with a vaulted ceiling and large arched window framing serene coastal views. The plush bed with a carved wooden headboard adds elegance, complemented by matching nightstands and soft lighting. Neutral tones and coastal-themed artwork enhance the tranquil ambiance.
Covered Deck

Covered deck with sweeping ocean views and ample seating for relaxation. Crisp white columns and ceiling beams frame the vibrant blue sky and sea. Outdoor furniture with navy cushions adds a nautical touch, while a section of sun loungers offers space to bask in the coastal breeze.
Source: Eileen Hessel @ Coastal Living Real Estate Group via Coldwell Banker
3. Barnegat Light, NJ – $4,499,000

This 1994-built, four-bedroom, four-bathroom oceanfront home in Barnegat Light is priced at $4,499,000. The 2,957-square-foot home features a reversed living design with expansive windows offering ocean and sky views. The exterior was renovated in 2023 by Rick Aitken Builders. Sun decks are accessible from most rooms. The property is located near Barnegat Light’s 25th Street Bay Beach, Viking Village, shops, restaurants, and other local attractions.
Where is Barnegat Light?

Located at the northern tip of Long Beach Island in Ocean County, Barnegat Light, NJ 08006 is a small coastal borough known for its historic lighthouse and serene beaches. It offers a quiet, laid-back atmosphere, making it a popular destination for fishing, boating, and beachcombing. With stunning views of Barnegat Bay and the Atlantic Ocean, this charming town attracts visitors seeking both recreation and relaxation.
Living Room

A cozy living room featuring a sleek white mantle framing a warm, inviting fireplace. Neutral-toned furniture, including a plush sofa and modern armchair, creates a comfortable yet stylish ambiance. A striking wall-mounted TV and contemporary artwork enhance the room’s modern appeal, while natural light fills the space, adding brightness and warmth.
Dining Room

Dining area surrounded by tall windows offering panoramic views of the ocean and natural landscape. Pristine white walls, sleek flooring, and a modern white dining set create an airy and serene atmosphere. Natural light floods the room, enhancing the tranquil coastal ambiance.
Bedroom

Bright and minimalist bedroom featuring a clean white aesthetic accented by colorful pillows and vibrant wall art. High windows bring in natural light while maintaining privacy. Built-in shelving provides ample storage, keeping the space open and clutter-free.
Rooftop Terrace

Spacious rooftop terrace offering panoramic views of lush greenery and the ocean horizon. Equipped with a sleek outdoor dining set and a large umbrella for shade, this space is ideal for alfresco dining or relaxing in the coastal breeze. A perfect spot to unwind and enjoy scenic surroundings.
Source: Joy Luedtke @ Joy Luedtke Real Estate, LLC via Coldwell Banker
2. Millburn Twp., NJ $4,795,000

A 9,000-square-foot estate in Millburn Twp., built in 2024, is available for $4,795,000. The home offers seven bedrooms, eight bathrooms, herringbone floors, custom millwork, and a floor-to-ceiling window wall. The gourmet kitchen includes high-end appliances and a wine wall. The owner’s suite has walk-in closets and a spa-like bath, and each floor has en-suite bedrooms. A walkout lower level includes a bar, gym, media room, and access to landscaped grounds and a stone patio with a double-sided fireplace.
Where is Millburn Township?

Situated in Essex County, Millburn Township, NJ 07078 is a highly desirable suburban community in northern New Jersey. Known for its top-rated schools, upscale neighborhoods, and vibrant downtown, it offers a blend of suburban tranquility and urban convenience. With proximity to New York City and easy access to the South Mountain Reservation, Millburn is popular among families and professionals seeking a high quality of life.
Open-Plan Living Area

Living area featuring a sleek linear fireplace set into a modern white accent wall, enhancing warmth and ambiance. The spacious sectional offers ample seating, complemented by a geometric coffee table and chic decor accents. Open concept design connects the living space seamlessly to the kitchen and dining areas, creating a bright and airy flow.
Modern Butler’s Pantry with Wine Storage

Sleek butler’s pantry designed with dark cabinetry, open shelving, and gold hardware for a modern touch. Equipped with a wine fridge, glass display cabinets, and a convenient sink, this space is ideal for entertaining. The clean white countertop and under-cabinet lighting create a bright, polished aesthetic.
Bedroom

Bedroom featuring large black-framed windows that allow natural light to fill the space. A soft, neutral palette combined with modern furniture creates a serene ambiance perfect for relaxation. Minimalist design elements, including a simple headboard and clean white nightstands, contribute to the room’s modern charm.
Patio

Outdoor patio surrounded by lush greenery, offering a private and serene retreat. Contemporary patio furniture and sleek black railing enhance the modern aesthetic. Ideal for outdoor gatherings or quiet relaxation, with a backdrop of mature trees and landscaped grounds.
Source: Margaret Miggins @ Compass New Jersey, LLC via Coldwell Banker
1. Rumson, NJ – $4,999,910

A 9,335-square-foot home in Rumson, built in 2012, is listed for $4,999,910. The property includes seven bedrooms, seven bathrooms, and sits on nearly four acres with a private, tree-lined drive and circular approach. Features include a bluestone front porch, double mahogany doors, a sun-filled foyer with wood paneling and millwork, and dedicated spaces for remote work, schooling, and in-laws or staff. The design blends spaciousness with a classic style.
Where is Rumson?

Located in Monmouth County, Rumson, NJ 07760 is an affluent coastal borough along the Navesink and Shrewsbury Rivers. Known for its grand estates, waterfront properties, and quiet suburban charm, it has long been a desirable community for those seeking luxury living. Its proximity to beaches, parks, and nearby cultural hubs like Red Bank makes Rumson a sought-after location for both families and professionals.
Living Room

Living space showcasing coffered ceilings, soft wall paneling, and warm recessed lighting. Neutral tones and modern furniture enhance the sophisticated ambiance. The airy layout provides a seamless connection to adjacent rooms.
Bedroom

Bedroom featuring soft neutral tones and ample natural light. The plush carpeting adds warmth, while the ceiling fan enhances comfort. The contemporary furnishings, including a sleek wooden dresser and cushioned bench, create a cozy and elegant retreat.
Wood-Panel Study

Rich wood paneling and coffered ceilings add timeless elegance to this sophisticated study. A built-in bookshelf wall enhances functionality, while a cozy fireplace creates a warm and inviting atmosphere. The expansive windows and French doors allow natural light to flood the room, offering serene garden views.
Poolside Patio

Outdoor retreat featuring a pristine pool and stylish lounge area. Modern seating arrangements surround a sleek firepit, creating an ideal space for relaxation or entertaining. Lush greenery and mature trees offer privacy and a serene backdrop for this luxurious backyard oasis.
Source: David Ten Hoeve @ Keller Williams Realty Central Monmouth via Coldwell Banker