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Home appreciation in New Jersey
New Jersey's FHFA HPI® all-transactions index changed +5.5% over the year to Q2 2026, versus +3.0% nationally, ranking 6th of 51 states and D.C. Below, compare its 20 3-digit ZIP regions and 9 metro areas.
- 1-year change
- +5.5%
- 5-year change
- +58.3%
- Since Q1 1995
- +320%
- State rank (1 year)
- 6th
U.S. +3.0%
1st of 51
U.S. +292%
of 51 states and D.C.
New Jersey vs the U.S.
FHFA HPI® all-transactions index, rebased so Q1 1995 = 100, through Q2 2026
- New Jersey: 420.2
- United States: 391.6
New Jersey appreciation by time window
| Window | NJ | U.S. | Gap vs U.S. |
|---|---|---|---|
| 1 year | +5.5% | +3.0% | +2.4 pts |
| 3 years | +24.2% | +12.9% | +11.3 pts |
| 5 years | +58.3% | +41.3% | +17.0 pts |
| 10 years | +99.2% | +93.3% | +5.9 pts |
| Since Q1 1995 | +320% | +292% | +28.6 pts |
3-digit ZIP regions in New Jersey
Fastest-appreciating ZIP codes in New Jersey →Sorted by one-year change. 20 of 20 regions beat the national one-year change of +3.0%. Place labels name the largest community in each region.
| # | 3-digit ZIP region | 1 year | 5 years | 10 years | Since Q1 1995 |
|---|---|---|---|---|---|
| 1 | 079 · Summit, NJ area | +8.7% | +50.0% | +70.0% | +301% |
| 2 | 083 · Vineland, NJ area | +8.0% | +64.5% | +107% | +253% |
| 3 | 081 · Camden, NJ area | +7.6% | +68.7% | +128% | +359% |
| 4 | 082 · Pleasantville, NJ area | +6.6% | +70.2% | +129% | +387% |
| 5 | 070 · Clifton, NJ area | +6.4% | +53.0% | +94.4% | +348% |
| 6 | 072 · Elizabeth, NJ area | +6.3% | +53.7% | +90.0% | +307% |
| 7 | 078 · Dover, NJ area | +6.3% | +57.8% | +96.0% | +256% |
| 8 | 076 · Hackensack, NJ area | +6.2% | +55.1% | +89.3% | +329% |
| 9 | 084 · Atlantic City, NJ area | +6.2% | +68.9% | +127% | +388% |
| 10 | 073 · Jersey City, NJ area | +5.7% | +45.1% | +81.4% | +354% |
| 11 | 075 · Paterson, NJ area | +5.7% | +45.1% | +81.4% | +354% |
| 12 | 074 · Fair Lawn, NJ area | +5.4% | +53.6% | +85.1% | +279% |
| 13 | 077 · Long Branch, NJ area | +5.2% | +56.7% | +104% | +378% |
| 14 | 087 · Point Pleasant, NJ area | +5.0% | +64.1% | +115% | +427% |
| 15 | 089 · New Brunswick, NJ area | +4.8% | +58.5% | +102% | +358% |
| 16 | 071 · Newark, NJ area | +4.8% | +56.2% | +117% | +358% |
| 17 | 086 · Trenton, NJ area | +4.6% | +65.2% | +108% | +271% |
| 18 | 080 · Glassboro, NJ area | +4.3% | +62.0% | +109% | +282% |
| 19 | 085 · Princeton, NJ area | +4.0% | +58.3% | +92.6% | +304% |
| 20 | 088 · Perth Amboy, NJ area | +3.6% | +55.2% | +89.5% | +284% |
Metro areas in New Jersey
| Metro area | 1 year | 5 years | Since Q1 1995 |
|---|---|---|---|
| Vineland, NJ | +7.6% | +60.4% | +243% |
| Newark, NJ (division) | +6.3% | +53.7% | +307% |
| Atlantic City-Hammonton, NJ | +6.2% | +68.9% | +388% |
| New York-Jersey City-White Plains, NY-NJ (division) | +5.7% | +45.1% | +354% |
| Trenton-Princeton, NJ | +5.2% | +64.1% | +276% |
| Allentown-Bethlehem-Easton, PA-NJ | +5.0% | +53.5% | +243% |
| Lakewood-New Brunswick, NJ (division) | +4.8% | +58.5% | +358% |
| Camden, NJ (division) | +4.7% | +63.3% | +274% |
| Wilmington, DE-MD-NJ (division) | +4.4% | +46.9% | +238% |
Boom, bust, and recovery in New Jersey
New Jersey's index peaked in Q1 2007, fell 22.1% to its low in Q2 2012, and regained its peak in Q1 2021, about 14 years after the top. Today it sits +67.8% versus that 2000s peak. How every state and ZIP region fared
| Area | 2000s peak | Low point | Peak to low | Back to peak | Today vs peak |
|---|---|---|---|---|---|
| NJ | Q1 2007 | Q2 2012 | -22.1% | Q1 2021 (14 yrs) | +67.8% |
| U.S. | Q1 2007 | Q2 2012 | -19.0% | Q4 2016 (9.8 yrs) | +89.3% |
Appreciation after inflation
Adjusting for consumer price inflation, New Jersey's index has changed +89.8% in real terms since Q1 1995. Home prices vs inflation
| Window | Inflation (CPI-U) | NJ after inflation | U.S. after inflation |
|---|---|---|---|
| 1 year | +3.9% | +1.5% | -0.8% |
| 3 years | +9.8% | +13.1% | +2.8% |
| 5 years | +24.0% | +27.6% | +13.9% |
| 10 years | +39.1% | +43.2% | +39.0% |
| Since Q1 1995 | +121% | +89.8% | +76.8% |
If you bought in New Jersey in…
An example $300,000 purchase grown at the statewide index rate to Q2 2026. Local markets within the state vary widely.
| Bought in | Index change | $300,000 then, at the state rate |
|---|---|---|
| Q2 1995 | +316% | $1,247,389 |
| Q2 2000 | +239% | $1,016,885 |
| Q2 2005 | +87.5% | $562,634 |
| Q2 2010 | +101% | $603,029 |
| Q2 2015 | +103% | $610,383 |
| Q2 2020 | +76.6% | $529,660 |
| Q2 2021 | +58.3% | $474,857 |
| Q2 2023 | +24.2% | $372,603 |
| Q2 2025 | +5.4% | $316,340 |
Frequently asked questions
- How much have home prices gone up in New Jersey?
- FHFA HPI® data for New Jersey shows the all-transactions index changed +5.5% over the year to Q2 2026, +58.3% over five years, +99.2% over ten years, and +320% since Q1 1995.
- Is New Jersey appreciating faster than the national average?
- Over the past year New Jersey's index moved +2.4 pts versus the U.S. (+3.0%), ranking 6th of 51 states and D.C. Over five years the gap is +17.0 pts.
- Which ZIP codes in New Jersey are appreciating fastest?
- Over the past year the strongest of 20 3-digit ZIP regions in New Jersey was ZIP3 079 (Summit, NJ area) at +8.7%, and the weakest was ZIP3 088 (Perth Amboy, NJ area) at +3.6%. 20 of 20 beat the national one-year change.