New Jersey Real Estate Statistics

Real Estate and Home Statistics for New Jersey

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Housing Units by Status

DateOccupiedVacantTotal
2010
+4.89%
+149,715
3,214,360
+38.09%
+93,572
339,202
+7.35%
+243,287
3,553,562
2000
+9.66%
+269,934
3,064,645
-12.46%
-34,969
245,630
+7.64%
+234,965
3,310,275
1990
2,794,711
280,599
3,075,310

Occupied Housing Units

As of 2010, New Jersey has 3,214,360 occupied housing units. This is a 4.89% (149,715) increase compared to 10 years prior (2000), and a 15.02% (419,649) increase compared to 20 years prior (1990).

Vacant Housing Units

As of 2010, New Jersey has 339,202 vacant housing units. This is a 38.09% (93,572) increase compared to 10 years prior (2000), and a 20.88% (58,603) increase compared to 20 years prior (1990).

Occupied Housing Unit Breakout

DateOwned with a mortgage or a loanOwned free and clearRenter occupiedTotal
2010
1,532,012
570,453
+5.58%
+58,723
1,111,895
+205.21%
+2,161,188
3,214,360
2000
0
0
+7.32%
+71,842
1,053,172
+7.32%
+71,842
1,053,172
1990
0
0
981,330
981,330

Owned with a Mortgage or Loan

As of 2010, New Jersey has 1,532,012 housing units owned with a mortgage or loan.

Owned Free and Clear

As of 2010, New Jersey has 570,453 housing units owned free and clear.

Renter Occupied Units

As of 2010, New Jersey has 1,111,895 renter occupied housing units. This is a 5.58% (58,723) increase compared to 10 years prior (2000), and a 13.3% (130,565) increase compared to 20 years prior (1990).

Vacant Housing Unit Breakout

DateFor RentRented, not occupiedFor sale onlySold, not occupiedFor seasonal, recreational, or occasional useFor migrant workersOtherTotal
2010
+2972.75%
+1,482,154
1,532,012
-69.89%
-10,628
4,578
+59.94%
+14,714
39,260
-46.44%
-7,061
8,145
+23.68%
+25,828
134,903
-36.59%
-90
156
+28.57%
+13,343
60,042
+582.07%
+1,518,260
1,779,096
2000
-36.71%
-28,913
49,858
15,206
-46.95%
-21,725
24,546
15,206
+8.43%
+8,484
109,075
-7.87%
-21
246
+40.74%
+13,519
46,699
+0.68%
+1,756
260,836
1990
78,771
0
46,271
0
100,591
267
33,180
259,080

For Rent

As of 2010, New Jersey has 1,532,012 housing units for rent. This is a 2972.75% (1,482,154) increase compared to 10 years prior (2000), and a 1844.89% (1,453,241) increase compared to 20 years prior (1990).

Rented, not occupied

As of 2010, New Jersey has 4,578 rented, not occupied, housing units for rent. This is a -69.89% (-10,628) decrease compared to 10 years prior (2000)

For sale only

As of 2010, New Jersey has 39,260 for sale housing units for rent. This is a 59.94% (14,714) increase compared to 10 years prior (2000), and a -15.15% (-7,011) decrease compared to 20 years prior (1990).

Sold, not occupied

As of 2010, New Jersey has 8,145 sold, not occupied, housing units for rent. This is a -46.44% (-7,061) decrease compared to 10 years prior (2000)

For seasonal, recreational, or occasional use

As of 2010, New Jersey has 134,903 housing units for seasonal, recreational, or occasional use. This is a 23.68% (25,828) increase compared to 10 years prior (2000), and a 34.11% (34,312) increase compared to 20 years prior (1990).

For migrant workers

As of 2010, New Jersey has 156 housing units for migrant workers. This is a -36.59% (-90) decrease compared to 10 years prior (2000), and a -41.57% (-111) decrease compared to 20 years prior (1990).

Other

As of 2010, New Jersey has 60,042 other vacant housing units. This is a 28.57% (13,343) increase compared to 10 years prior (2000), and a 80.96% (26,862) increase compared to 20 years prior (1990).

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