States › New Jersey › 2004
In 2004 the FHFA house price index for New Jersey changed +14.6%, against +9.2% for the United States and +8.0% in 2003.
35,936 housing units were authorised by building permits in the state that year (22,429 single-family), +8.9% on 2003; the national total was 2,070,077.
+14.6% New Jersey index, 2003–2004 US +9.2%
35,936 housing units permitted in 2004 22,429 single-family
21 of 21 counties with a rising index median county +14.7%
2,070,077 units permitted nationally in 2004
Counties in 2004 Ranked by the county index change from 2003 to 2004 (FHFA annual county index). Permits are units authorised in 2004; per 1,000 uses the vintage 2025 population.
County Index change 2004 Units permitted Single-family Per 1,000 Cape May County +21.3% 2,149 1,101 23.0 Atlantic County +19.3% 2,075 1,970 7.4 Ocean County +17.7% 3,818 3,300 5.7 Hudson County +16.6% 3,808 386 5.2 Camden County +15.4% 1,413 1,222 2.6 Burlington County +15.3% 1,516 1,302 3.1 Gloucester County +14.9% 2,050 1,638 6.6 Middlesex County +14.9% 2,622 1,899 3.0 Monmouth County +14.9% 2,628 2,179 4.0 Passaic County +14.7% 763 437 1.4 Union County +14.7% 1,399 411 2.3 Sussex County +14.6% 612 558 4.1 Bergen County +13.7% 2,142 914 2.2 Mercer County +13.6% 1,641 938 4.1 Essex County +13.1% 2,343 436 2.6 Warren County +12.9% 620 573 5.5 Morris County +12.8% 1,427 888 2.7 Cumberland County +12.7% 566 564 3.6 Salem County +12.5% 334 289 5.0 Somerset County +12.5% 1,362 797 3.8 Hunterdon County +12.2% 648 627 4.9
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 .