1. New Jersey ($195,000 per acre)
And on the top spot of our most expensive land price list is New Jersey with estimated value of land around $195,000 per acre. With 4.7 million acres of land available in this Garden State, it is the fourth smallest state in United States. But as you can tell, because of its highest land value, New Jersey contributes the fifth highest total land value with $930 billion.
Spread across the state’s area, there are nearly nine million inhabitants. Among them are so many notable people and public figures, such as Queen Latifah, Jon Bon Jovi, Joe Pesci, and the world’s richest TV pundit, Shaquille O’Neal.
So, being one of the smallest states with such population, it should come as no surprise that New Jersey is the most populous state in the US. Its population density is 1,210 people per one square mile.
And here are some actual prices of property for sale in New Jersey:
- 133 acres of farmland with 2-acre farm house in Hopewell, Mercer County is on sale for $6 million.
- A 0.05-acre house in Princeton with two bedrooms and two bathrooms is on sale for $575,000.
