States › New Jersey › 2002
In 2002 the FHFA house price index for New Jersey changed +10.9%, against +5.4% for the United States and +9.7% in 2001.
30,441 housing units were authorised by building permits in the state that year (22,379 single-family), +7.7% on 2001; the national total was 1,747,678.
+10.9% New Jersey index, 2001–2002 US +5.4%
30,441 housing units permitted in 2002 22,379 single-family
21 of 21 counties with a rising index median county +10.4%
1,747,678 units permitted nationally in 2002
Counties in 2002 Ranked by the county index change from 2001 to 2002 (FHFA annual county index). Permits are units authorised in 2002; per 1,000 uses the vintage 2025 population.
County Index change 2002 Units permitted Single-family Per 1,000 Ocean County +15.2% 3,534 3,376 5.2 Cape May County +12.8% 1,422 814 15.2 Hudson County +12.7% 1,534 99 2.1 Monmouth County +12.4% 2,372 2,213 3.6 Essex County +11.6% 1,588 350 1.8 Middlesex County +11.4% 1,999 1,623 2.3 Mercer County +11.2% 1,428 1,126 3.6 Union County +11.0% 681 247 1.1 Bergen County +10.8% 1,771 1,015 1.8 Sussex County +10.5% 679 667 4.6 Passaic County +10.4% 689 571 1.3 Burlington County +10.2% 2,359 2,026 4.9 Morris County +10.0% 1,914 1,128 3.7 Somerset County +10.0% 1,530 869 4.3 Atlantic County +9.6% 2,020 1,851 7.2 Warren County +9.6% 877 867 7.8 Camden County +9.1% 1,160 792 2.2 Hunterdon County +8.9% 602 593 4.6 Gloucester County +8.8% 1,802 1,689 5.8 Cumberland County +6.3% 310 297 2.0 Salem County +5.7% 170 166 2.6
Permits by year, 1995–2025 Housing units authorised in New Jersey by year 0 20,000 40,000 1995: 21,521 units (18,341 single-family, 3,180 in multi-unit buildings) 1995 1996: 24,173 units (20,853 single-family, 3,320 in multi-unit buildings) 1997: 28,018 units (23,472 single-family, 4,546 in multi-unit buildings) 1998: 31,345 units (25,459 single-family, 5,886 in multi-unit buildings) 1999: 31,976 units (25,129 single-family, 6,847 in multi-unit buildings) 2000: 34,585 units (25,260 single-family, 9,325 in multi-unit buildings) 2000 2001: 28,267 units (21,503 single-family, 6,764 in multi-unit buildings) 2002: 30,441 units (22,379 single-family, 8,062 in multi-unit buildings) 2003: 32,984 units (22,163 single-family, 10,821 in multi-unit buildings) 2004: 35,936 units (22,429 single-family, 13,507 in multi-unit buildings) 2005: 38,588 units (22,264 single-family, 16,324 in multi-unit buildings) 2005 2006: 34,323 units (17,113 single-family, 17,210 in multi-unit buildings) 2007: 25,389 units (13,066 single-family, 12,323 in multi-unit buildings) 2008: 18,363 units (9,169 single-family, 9,194 in multi-unit buildings) 2009: 12,421 units (7,211 single-family, 5,210 in multi-unit buildings) 2010: 13,535 units (7,378 single-family, 6,157 in multi-unit buildings) 2010 2011: 12,952 units (6,475 single-family, 6,477 in multi-unit buildings) 2012: 17,939 units (7,279 single-family, 10,660 in multi-unit buildings) 2013: 24,209 units (10,377 single-family, 13,832 in multi-unit buildings) 2014: 28,155 units (11,019 single-family, 17,136 in multi-unit buildings) 2015: 30,560 units (10,518 single-family, 20,042 in multi-unit buildings) 2015 2016: 26,793 units (9,626 single-family, 17,167 in multi-unit buildings) 2017: 28,501 units (10,148 single-family, 18,353 in multi-unit buildings) 2018: 27,942 units (10,348 single-family, 17,594 in multi-unit buildings) 2019: 36,505 units (11,526 single-family, 24,979 in multi-unit buildings) 2020: 36,146 units (12,289 single-family, 23,857 in multi-unit buildings) 2020 2021: 37,094 units (13,913 single-family, 23,181 in multi-unit buildings) 2022: 36,906 units (13,185 single-family, 23,721 in multi-unit buildings) 2023: 32,840 units (13,228 single-family, 19,612 in multi-unit buildings) 2024: 34,932 units (14,807 single-family, 20,125 in multi-unit buildings) 2025: 27,661 units (12,820 single-family, 14,841 in multi-unit buildings) 2025 Housing units authorised in New Jersey by year
Source: Federal Housing Finance Agency annual state and county house price indexes (updated March 31, 2026); Census Bureau Building Permits Survey annual state and county files. Public domain. Methodology .