States › New Jersey › 2021
In 2021 the FHFA house price index for New Jersey changed +10.8%, against +11.6% for the United States and +3.3% in 2020.
37,094 housing units were authorised by building permits in the state that year (13,913 single-family), +2.6% on 2020; the national total was 1,736,982.
+10.8% New Jersey index, 2020–2021 US +11.6%
37,094 housing units permitted in 2021 13,913 single-family
21 of 21 counties with a rising index median county +11.7%
1,736,982 units permitted nationally in 2021
Counties in 2021 Ranked by the county index change from 2020 to 2021 (FHFA annual county index). Permits are units authorised in 2021; per 1,000 uses the vintage 2025 population.
County Index change 2021 Units permitted Single-family Per 1,000 Atlantic County +15.7% 804 556 2.9 Cape May County +15.6% 917 680 9.8 Cumberland County +15.6% 185 122 1.2 Ocean County +14.9% 3,758 3,075 5.6 Gloucester County +14.5% 675 583 2.2 Warren County +14.4% 189 176 1.7 Camden County +13.7% 908 273 1.7 Salem County +13.7% 88 82 1.3 Sussex County +13.4% 164 128 1.1 Burlington County +12.5% 2,119 1,027 4.4 Monmouth County +11.7% 2,350 1,545 3.6 Mercer County +10.1% 544 278 1.4 Middlesex County +10.1% 3,269 922 3.7 Passaic County +10.0% 1,144 176 2.2 Union County +9.9% 3,207 230 5.3 Essex County +9.8% 3,417 420 3.8 Hunterdon County +9.0% 688 171 5.2 Morris County +8.2% 2,127 1,011 4.1 Somerset County +8.2% 1,261 360 3.5 Bergen County +7.7% 4,023 1,682 4.1 Hudson County +7.0% 5,257 416 7.2
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 .