States › New Jersey › 2007
In 2007 the FHFA house price index for New Jersey changed −0.4%, against +0.6% for the United States and +8.8% in 2006.
25,389 housing units were authorised by building permits in the state that year (13,066 single-family), −26.0% on 2006; the national total was 1,398,415.
−0.4% New Jersey index, 2006–2007 US +0.6%
25,389 housing units permitted in 2007 13,066 single-family
9 of 21 counties with a rising index median county −0.6%
1,398,415 units permitted nationally in 2007
Counties in 2007 Ranked by the county index change from 2006 to 2007 (FHFA annual county index). Permits are units authorised in 2007; per 1,000 uses the vintage 2025 population.
County Index change 2007 Units permitted Single-family Per 1,000 Salem County +4.9% 148 143 2.2 Cumberland County +3.5% 683 572 4.3 Camden County +1.8% 1,191 652 2.2 Gloucester County +1.7% 920 882 2.9 Hudson County +1.4% 3,081 161 4.2 Essex County +1.1% 1,854 460 2.1 Sussex County +0.6% 359 323 2.4 Union County +0.4% 1,123 350 1.9 Burlington County +0.1% 1,040 876 2.2 Passaic County −0.5% 760 265 1.4 Bergen County −0.6% 2,952 981 3.0 Atlantic County −0.7% 1,136 1,025 4.1 Middlesex County −1.0% 1,597 878 1.8 Morris County −1.2% 1,052 688 2.0 Mercer County −1.3% 700 466 1.8 Monmouth County −1.5% 2,054 1,130 3.2 Hunterdon County −1.6% 316 211 2.4 Ocean County −1.7% 2,160 1,544 3.2 Somerset County −2.1% 924 593 2.6 Warren County −2.1% 258 241 2.3 Cape May County −3.0% 1,081 625 11.6
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 .