Home prices in New Jersey cities are rising rapidly, with typical values ranging from around $1.1 million to over $4.5 million. One-year price increases range from about 7% to 22%, with dollar gains up to $671,834. Five-year growth shows increases up to nearly 80%, with some areas seeing over $1.8 million gains. Most fast-growing markets are in the New York-Newark-Jersey City metro area, with some in Ocean City and Atlantic City metro areas.