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A Snapshot of Housing Supply, Affordability, and Land Use in New Jersey

12/29/2024

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New Jersey—along with many other parts of the country—is experiencing a housing shortage, driving up rents and home prices and prompting many households to leave the state in search of cheaper housing elsewhere. The rising costs of housing in New Jersey are affecting everyone, especially individuals and households at the lower end of the income spectrum.

This snapshot report uses data to:

  • Illustrate the current state of housing supply and variety in New Jersey, including background as to how we got here.
  • Show how lack of housing options affects affordability and contributes to racial and economic segregation.
  • Assess the effectiveness of New Jersey’s unique Mount Laurel doctrine in stimulating the production of affordable housing.
  • Point to how solutions aimed at increasing the supply and the variety of housing options can be applicable throughout the state.

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