New Jersey Average New Home Prices
County 1st
Quarter
2008
4th
Quarter
2007
3rd
Quarter
2007
2nd
Quarter
2007
1st
Quarter
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
     
Atlantic
390,443
409,198
474,680
452,551
462,415
392,113
360,983
301,952
247,745
221,559
207,082
180,481
166,957
163,448
155,528
 
Bergen
751,393
769,557
899,697
872,575
795,884
780,351
763,382
706,887
550,882
567,959
537,290
482,168
462,052
411,158
349,210
 
Burlington
464,312
437,475
414,181
504,912
492,532
429,417
415,190
356,293
304,009
281,222
267,458
248,358
225,766
209,071
204,868
 
Camden
361,226
375,839
354,733
330,630
369,642
367,232
306,848
259,180
224,542
223,776
203,558
176,336
181,583
176,251
144,353
 
Cape May
613,767
604,102
603,020
628,040
584,601
580,439
549,806
480,747
407,609
347,506
327,970
334,702
276,474
237,111
213,929
 
Cumberland
308,397
275,586
257,210
241,042
276,706
292,851
250,761
199,023
180,900
161,161
154,601
117,688
134,926
128,070
127,459
 
Essex
500,998
532,031
549,313
513,363
489,457
463,632
436,843
385,436
287,655
282,463
280,436
246,229
217,401
226,927
193,770
 
Gloucester
340,484
384,270
367,289
381,396
371,605
350,412
324,943
300,764
269,867
236,981
209,567
194,522
177,314
167,538
153,902
 
Hudson
532,498
458,335
496,810
501,731
515,282
478,989
403,582
377,824
312,266
296,837
272,525
308,841
269,067
222,158
184,856
 
Hunterdon
507,381
600,898
697,257
710,365
673,302
730,574
648,865
637,316
575,568
477,130
400,590
385,746
340,858
324,429
299,042
 
Mercer
557,691
473,999
502,006
588,856
489,081
484,202
459,370
407,659
311,609
294,566
293,357
288,907
289,823
272,955
287,665
 
Middlesex
395,084
442,043
418,201
430,516
468,570
509,038
486,981
453,389
422,926
354,100
316,205
281,303
252,218
224,692
202,574
 
Monmouth
701,471
610,073
682,892
715,093
668,363
659,325
642,622
549,214
500,359
463,824
385,271
364,562
323,318
272,947
248,864
 
Morris
762,739
867,480
926,823
1,004,817
976,950
792,242
665,081
582,304
496,104
465,391
389,555
387,500
379,441
327,426
280,711
 
Ocean
467,241
445,708
446,961
478,898
469,182
433,284
392,896
351,398
313,897
279,049
244,714
210,748
191,807
179,072
168,079
 
Passaic
467,257
416,256
447,430
435,038
420,941
432,358
428,742
461,924
369,374
297,639
305,244
257,805
297,405
219,858
238,663
 
Salem
269,147
335,706
317,653
335,075
385,126
330,343
300,018
246,027
205,253
216,876
201,185
182,328
186,889
168,810
137,214
 
Somerset
648,699
728,082
681,073
752,155
663,695
625,914
507,045
527,093
533,871
518,380
514,296
416,656
386,357
333,411
328,599
 
Sussex
425,763
403,161
410,124
418,027
471,429
448,845
402,101
329,332
364,968
342,704
297,699
272,202
276,348
262,541
242,839
 
Union
484,679
553,595
502,924
650,953
561,126
520,623
439,500
385,005
320,140
278,338
253,277
253,231
213,342
185,391
237,501
 
Warren
465,805
435,134
354,712
325,715
268,373
379,274
377,506
338,750
349,517
296,068
249,461
233,153
218,694
217,276
199,485
   
New Jersey
517,747
508,496
528,269
547,231
535,167
504,398
460,931
415,089
365,699
335,856
307,163
283,605
266,932
245,638
226,856

NJBA Table based on NJ DCA data reported on new home warranties.

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