States › New Jersey › 2025
In 2025 the FHFA house price index for New Jersey changed +6.2%, against +2.8% for the United States and +8.8% in 2024.
27,661 housing units were authorised by building permits in the state that year (12,820 single-family), −20.8% on 2024; the national total was 1,431,616.
+6.2% New Jersey index, 2024–2025 US +2.8%
27,661 housing units permitted in 2025 12,820 single-family
21 of 21 counties with a rising index median county +6.1%
1,431,616 units permitted nationally in 2025
Counties in 2025 Ranked by the county index change from 2024 to 2025 (FHFA annual county index). Permits are units authorised in 2025; per 1,000 uses the vintage 2025 population.
County Index change 2025 Units permitted Single-family Per 1,000 Hudson County +9.6% 3,352 248 4.6 Atlantic County +7.8% 759 676 2.7 Bergen County +6.8% 2,970 1,405 3.0 Passaic County +6.8% 585 134 1.1 Warren County +6.8% 335 292 3.0 Sussex County +6.6% 96 64 0.6 Hunterdon County +6.3% 544 126 4.1 Somerset County +6.3% 763 267 2.1 Cumberland County +6.2% 143 143 0.9 Monmouth County +6.2% 2,138 1,481 3.3 Middlesex County +6.1% 1,476 710 1.7 Morris County +5.9% 1,324 810 2.5 Ocean County +5.9% 2,831 2,372 4.2 Camden County +5.8% 820 408 1.5 Essex County +5.8% 3,657 317 4.1 Burlington County +5.7% 1,624 946 3.4 Mercer County +5.7% 1,164 805 2.9 Union County +5.5% 1,228 162 2.0 Gloucester County +5.2% 921 706 2.9 Salem County +4.6% 77 77 1.2 Cape May County +3.9% 854 671 9.1
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 .