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…