New Jersey Median Home Prices

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New Jersey Median 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	299,950	310,500	350,295	349,161	345,000	330,721	293,456	255,700	221,900	204,642	180,995	162,133	148,725	139,900	136,922

Bergen	561,462	580,776	469,000	650,000	555,000	578,500	580,000	556,000	412,400	478,000	452,900	423,630	379,900	360,621	290,000

Burlington	394,564	373,822	368,490	414,900	475,428	343,875	360,125	322,163	276,690	255,859	245,325	218,466	199,303	185,564	177,500

Camden	296,815	300,200	300,000	299,995	331,541	337,870	285,640	250,674	210,191	195,895	184,900	159,600	157,503	153,775	139,115

Cape May	481,595	469,500	470,000	555,000	475,000	485,000	449,900	375,000	319,900	279,900	280,000	285,000	239,000	200,300	185,000

Cumberland	277,230	267,850	256,673	245,538	279,227	287,753	232,000	181,777	160,270	155,244	135,993	103,190	120,750	111,185	113,229

Essex	400,990	380,000	405,000	414,900	375,000	364,865	365,000	325,000	243,500	180,000	257,696	194,760	150,000	130,000	130,000

Gloucester	310,873	359,035	328,090	324,968	346,875	317,990	312,055	284,870	260,045	219,771	194,691	182,556	136,084	156,150	143,588

Hudson	485,639	416,900	433,160	461,423	527,800	443,704	377,274	338,430	297,220	303,900	275,000	289,900	255,000	219,379	171,000

Hunterdon	535,000	586,873	767,414	650,000	659,000	715,000	644,002	630,018	563,308	441,070	369,967	374,900	334,900	321,076	285,307

Mercer	453,366	455,900	388,000	470,412	412,924	424,397	415,900	358,712	287,040	266,990	256,690	227,890	231,199	231,510	240,600

Middlesex	337,990	405,968	395,138	384,010	445,078	457,084	445,768	428,601	408,151	340,969	320,321	279,180	242,370	215,900	192,000

Monmouth	522,500	504,950	556,710	543,679	550,875	541,250	524,850	457,000	419,233	386,160	341,821	325,990	304,485	253,090	223,423

Morris	700,000	707,450	781,000	777,500	739,900	649,000	564,145	488,303	409,376	368,145	306,900	318,223	313,938	284,990	235,990

Ocean	405,063	381,161	402,520	412,000	407,000	395,342	357,900	320,000	289,000	257,210	225,000	192,138	178,300	167,900	157,898

Passaic	437,225	387,593	419,912	402,331	421,186	398,355	399,000	455,441	336,895	282,340	275,399	229,900	274,549	185,000	181,250

Salem	250,669	264,548	246,000	305,900	377,174	279,860	254,765	191,680	175,807	192,696	216,849	164,775	156,404	140,455	118,303

Somerset	640,000	575,662	527,175	542,445	445,950	442,150	400,900	445,648	389,945	405,490	435,960	367,759	323,327	281,900	283,669

Sussex	368,900	370,000	367,288	375,000	462,617	400,000	350,000	276,700	329,915	311,332	260,750	245,068	253,230	239,450	233,980

Union	406,200	430,000	325,000	493,950	345,000	395,000	334,900	269,500	220,000	165,000	175,943	186,144	156,500	137,898	205,000

Warren	410,000	469,145	275,650	236,900	215,490	289,272	336,990	335,700	343,246	284,990	231,116	228,382	219,810	217,895	193,495

New Jersey	435,000	402,583	410,000	440,000	415,000	413,825	378,992	349,900	307,168	274,705	253,670	231,728	224,496	209,900	190,000

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

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