Deal, New Jersey

Deal is a borough situated on the Jersey Shore within Monmouth County, in the U.S. state of New Jersey. The community was settled by Europeans in the mid-1660s and named after an English carpenter from Deal, Kent. As of the 2020 United States census, the borough's population was 900, an increase of 150 (+20.0%) from the 2010 census count of 750, which in turn had reflected a decline of 320 (−29.9%) from the 1,070 counted in the 2000 census.

Deal, New Jersey
Seagulls and the pier at Deal Beach
Location of Deal in Monmouth County highlighted in red (left). Inset map: Location of Monmouth County in New Jersey highlighted in orange (right).
Census Bureau map of Deal, New Jersey
Deal
Location in Monmouth County
Deal
Location in New Jersey
Deal
Location in the United States
Coordinates: 40.249701°N 73.997458°W / 40.249701; -73.997458
Country United States
State New Jersey
CountyMonmouth
IncorporatedMarch 7, 1898
Named forDeal, Kent, England
Government
  TypeWalsh Act
  BodyBoard of Commissioners
  MayorSamuel M. Cohen (term ends May 16, 2024)
  Administrator / Municipal clerkStephen R. Carasia
Area
  Total1.32 sq mi (3.42 km2)
  Land1.18 sq mi (3.07 km2)
  Water0.14 sq mi (0.35 km2)  10.30%
  Rank470th of 565 in state
41st of 53 in county
Elevation
30 ft (9 m)
Population
 (2020)
  Total900
  Estimate 
(2022)
894
  Rank537th of 565 in state
49th of 53 in county
  Density760.0/sq mi (293.4/km2)
   Rank412th of 565 in state
49th of 53 in county
Time zoneUTC−05:00 (Eastern (EST))
  Summer (DST)UTC−04:00 (Eastern (EDT))
ZIP Code
07723
Area code(s)732 exchanges: 517, 531, 660, 663
FIPS code3402516660
GNIS feature ID0885194
Websitewww.dealborough.com

Deal is home to a significant population of Orthodox Sephardic Jews, mainly of Syrian origin. As many as 80% of Deal's population are Sephardi Jews, and the year-round population jumps ten-fold to over 6,000 during the summer, many of them Syrian Jews. In the 2000 census, 16.4% of Deal residents identified as being of Syrian heritage, the greatest percentage of Syrian Americans in any municipality in the country. Most of the town consisted of homes close to or over one hundred years old in the Victorian and American Foursquare styles.

In 2007, Deal was ranked by Forbes magazine as the 13th most expensive ZIP Code in the nation with a median sale price of $1,825,000. It was also named the 4th most expensive zip code in New Jersey in 2017, with a median sale price of $1,207,500. In 2019, PropertyShark ranked Deal in a tie with 94110 in San Francisco as the 85th most expensive ZIP Code in the country, and second-highest in New Jersey, with a median sales price of $1,500,000. Then again in 2021, it was ranked as the second-most expensive zip code in New Jersey with a typical home value of $2,141,154 In 2022, Deal was ranked as the most expensive zip code in New Jersey, with homes valued at $2,400,000.

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