Deal is home to a significant population of OrthodoxSephardic Jews, mainly of Syrian origin. As many as 80% of Deal's Jewish population are Sephardi Jews, and the year-round population jumps ten-fold to over 6,000 during the summer, many of them Syrian Jews.[20][21] 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.[22] 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.[23] It was also named the 4th most expensive zip code in New Jersey in 2017, with a median sale price of $1,207,500.[24] 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.[25] 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 [26] In 2022, Deal was ranked as the most expensive zip code in New Jersey, with homes valued at $2,400,000.[27]
^"It's a Summer Thing; For Like-Minded New Yorkers, a Season of Separation", The New York Times, May 26, 1996. Accessed May 22, 2015. "The psychiatrists are on Cape Cod, the black professionals are in Azurest on Long Island and the Syrian Jews are in Deal on the Jersey shore.... Nowhere is the closeness of the Syrian Jewish community more evident than in Deal, a sleepy Jersey shore town that swells to 6,000 people in the summer."
^Fahim, Kareem. "Sephardic Jews Developed Haven on the Jersey Shore", The New York Times, July 24, 2009. Accessed July 18, 2012. "In the late 1960s, Sephardic Jews who lived in Brooklyn and spent summers in nearby Bradley Beach began buying land in Deal; by 1973, more than 100 families had bought property in the town. By the mid-1990s, thousands of Sephardic Jews were flocking to the town during the summers, and today, local historians estimate, they make up 80 percent of the population."
^Top Most Expensive U.S. Zip Codes in 2019, PropertyShark, November 18, 2019. Accessed December 14, 2019. "Monmouth County contributed New Jersey’s second ultra-pricey zip. At $1,500,000, Deal’s 07723 shared #85 with San, Francisco’s 94110."