States › New Jersey › 2017
In 2017 the FHFA house price index for New Jersey changed +2.2%, against +5.4% for the United States and +2.3% in 2016.
28,501 housing units were authorised by building permits in the state that year (10,148 single-family), +6.4% on 2016; the national total was 1,281,977.
+2.2% New Jersey index, 2016–2017 US +5.4%
28,501 housing units permitted in 2017 10,148 single-family
20 of 21 counties with a rising index median county +2.2%
1,281,977 units permitted nationally in 2017
Counties in 2017 Ranked by the county index change from 2016 to 2017 (FHFA annual county index). Permits are units authorised in 2017; per 1,000 uses the vintage 2025 population.
County Index change 2017 Units permitted Single-family Per 1,000 Hudson County +8.1% 5,073 243 6.9 Essex County +3.8% 2,317 353 2.6 Monmouth County +3.3% 1,474 888 2.3 Cape May County +3.0% 809 542 8.7 Bergen County +2.8% 3,001 833 3.1 Ocean County +2.8% 3,427 2,791 5.1 Passaic County +2.6% 568 164 1.1 Middlesex County +2.5% 2,730 799 3.1 Camden County +2.4% 1,400 186 2.6 Cumberland County +2.2% 88 88 0.6 Union County +2.2% 1,085 343 1.8 Sussex County +2.1% 106 74 0.7 Gloucester County +1.9% 736 387 2.4 Burlington County +1.6% 1,133 751 2.4 Warren County +1.5% 154 62 1.4 Morris County +1.4% 1,648 658 3.1 Somerset County +1.1% 730 344 2.0 Hunterdon County +0.9% 287 146 2.2 Salem County +0.7% 40 40 0.6 Mercer County +0.6% 605 152 1.5 Atlantic County −1.9% 1,090 304 3.9
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 .