States › New Jersey › 2022
In 2022 the FHFA house price index for New Jersey changed +14.9%, against +15.5% for the United States and +10.8% in 2021.
36,906 housing units were authorised by building permits in the state that year (13,185 single-family), −0.5% on 2021; the national total was 1,680,368.
+14.9% New Jersey index, 2021–2022 US +15.5%
36,906 housing units permitted in 2022 13,185 single-family
21 of 21 counties with a rising index median county +13.7%
1,680,368 units permitted nationally in 2022
Counties in 2022 Ranked by the county index change from 2021 to 2022 (FHFA annual county index). Permits are units authorised in 2022; per 1,000 uses the vintage 2025 population.
County Index change 2022 Units permitted Single-family Per 1,000 Ocean County +19.4% 3,791 2,988 5.6 Cape May County +19.3% 838 593 9.0 Atlantic County +18.2% 762 401 2.7 Camden County +17.8% 1,134 309 2.1 Salem County +17.8% 96 91 1.4 Gloucester County +17.7% 841 793 2.7 Burlington County +16.8% 1,998 987 4.2 Mercer County +16.5% 643 165 1.6 Cumberland County +15.8% 120 115 0.8 Monmouth County +14.9% 2,394 1,611 3.7 Warren County +13.7% 230 218 2.0 Sussex County +13.6% 220 92 1.5 Somerset County +13.4% 907 311 2.5 Union County +13.4% 3,147 237 5.2 Middlesex County +13.2% 2,474 769 2.8 Passaic County +13.1% 1,186 225 2.2 Morris County +12.3% 2,163 843 4.1 Essex County +12.1% 3,470 362 3.9 Hunterdon County +12.0% 483 135 3.7 Hudson County +11.8% 6,056 355 8.2 Bergen County +10.3% 3,953 1,585 4.0
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 .