
These 3 NJ counties built the most homes since 2020 — is yours one of them?
The crazy cost of homeownership in the Garden State has been impacted by more than one factor, of course, but a big piece to that puzzle has been inventory. Just not enough homes to supply demand.
While still not enough, the past few years, three counties stood out above the rest for building the most.
According to a recent Rutgers study highlighted by NJ.com, New Jersey added nearly 180,000 housing units from 2020 through 2024, the strongest five-year stretch since the 1980s. And while it may not feel like it when you’re losing bidding wars, that’s actually a major rebound.
The three counties leading the way are Ocean, Bergen and Hudson.
Ocean County
Ocean County probably surprises nobody. It’s been one giant construction site for years, especially around Lakewood and nearby towns. There’s still land, at least by New Jersey standards, and developers have been grabbing every available patch of dirt that isn’t already a Wawa.
Families continue moving there, and that demand has turned places once considered “way out there” into commuter territory. 3,923 new homes were constructed between 2020 and 2024 here.
Bergen County
It's a different story with Bergen County. In four years, 3,648 homes were built and a lot of that building, with no room left, is happening upward, not out.
Common in North Jersey. People who work in New York City showed a greater interest in living in New Jersey once the pandemic hit, and places like Hackensack, Edgewater, and Fort Lee filled the desire.
Hudson County
Then there’s Hudson, which never really stopped building. Jersey City and Hoboken have become the state’s permanent skyline project.
What used to be warehouses and industrial lots are now towers, condos and rent prices that can make your eyes water. Rutgers noted Hudson’s urban redevelopment surge began years ago and has only intensified. 5,777 homes were built in the same four-year period.
Bottom line? New Jersey is definitely building more. Just not yet enough to make anyone feel it's truly affordable.
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Gallery Credit: New Jersey 101.5
Opinions expressed in the post above are those of New Jersey 101.5 talk show host Jeff Deminski only.
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