Housing Blogs & Reports
Property Tax Rates and Quality of K-12 Education in New Jersey Communities
by James Barnett New Jersey is consistent in featuring at the top of the ranks for two different variables: effective real estate property tax rates and quality of K-12 education services.[1][2] These, unsurprisingly to most [...]
Introducing the New Jersey MOD IV Historical Database
By Marc Pfeiffer and Lucas Marxen The NJ MOD IV Historical Database is an online, searchable database of New Jersey MOD IV parcel information data sets from 1989 to 2022. Providing land parcel and property [...]
Heat or Eat? The Low-Income Home Energy Distribution Program (LIHEAP) and Its Implications for New Jersey
By Josephine O'Grady. The Low-Income Home Energy Assistance program (LIHEAP) is a federal block grant program that assists low-income families with the cost of paying their utility bills in areas including extreme heat and cold, household revisions to improve energy efficiency [...]
Report Release: Equitable Property Acquisitions to Enhance Climate Resilience
With support from the New Jersey State Policy Lab, the New Jersey Climate Change Resource Center Climate Corps conducted research to better understand how flood buyback and managed retreat programs are organized and administered nationwide. [...]
Does the Decision to Allow Local Cannabis-Related Businesses Impact Home Sale Prices?
by Michael S. Hayes, Associate Professor, Rutgers University-Camden and Prakash Kandel, Ph.D. Student, Rutgers University-Camden During the 2020 general election, New Jersey voters approved a ballot question to amend the state constitution to allow residents [...]
Housing Affordability in New Jersey, 2010-2020
by Maia de la Calle. Rutgers Economic Advisory Service (R/ECON™) Housing affordability and ownership accessibility The main expense incurred by New Jersey’s residents is shelter or housing. As of 2019, New Jersey ranked third in [...]
The Revival of Urban Enterprise Zones in New Jersey
By Adam Scavette Last summer, then acting New Jersey Governor Sheila Oliver signed legislation to devote $42.5 million toward restoring the state’s Urban Enterprise Zones (UEZ) to full operation for fiscal year 2022. In this [...]
New Jersey’s Single-Family Housing Markets by County 2021
Naheed Azhar and Michael L. Lahr, Rutgers Economic Advisory Service (R/Econ™) As the count of listings and asking prices flattened,[i] realtors and creditors predicted a rise in foreclosures and mortgage delinquencies as people were laid [...]
The New Jersey Housing Crisis in a COVID Era
Katharine Nelson Affordable housing is increasingly scarce within the United States, and COVID-19 has dramatically exacerbated the simmering crisis in affordable housing. In New Jersey, the risk of eviction is greater than across the country, [...]
Our First Report: Encouraging Activation of Vacant Commercial Properties
The New Jersey State Policy Lab is publishing our first report, Vacant Commercial Property in New Jersey: Causes and Solutions, written by Michael Hayes and Pengju Zhang. The economic recession caused by the COVID-19 pandemic [...]
Has New Jersey’s Housing Market Peaked? A New Year’s Assessment
By Michael L. Lahr, Director of Rutgers Economic Research Service (R/ECON™) What is the status of New Jersey housing markets? The bottom line has been more or less the same since June 2020: double-digit price [...]
A Primer on Housing Markets with a Bird’s Eye View on New Jersey’s
By Michael L. Lahr, R/ECON™ Housing markets are not just geographically separated, they are socially stratified too (in combination the two generate what is termed, “housing market segmentation”). Properties in a region can differ radically [...]
Vacant Commercial Property in New Jersey: Causes and Solutions
Michael S. Hayes and Pengju Zhang The COVID-19 pandemic has accelerated changes in investment decisions throughout the economy. For example, the growth in virtual work and e-commerce has likely negatively impacted the demand for some [...]
The New Jersey Housing Crisis in a COVID Era – Project Update
Samantha Roth Samantha Roth is a Master of Public Administration Student at the School of Public Affairs and Administration at Rutgers University-Newark. She is a research assistant with support from the New Jersey Policy Lab [...]
The NJ Housing Crisis in a COVID-Era: Mapping Strategic Processes
Kyle Farmbry Among the many challenges brought by COVID-19, the pandemic is exposing the vast scope of our housing affordability crisis. This crisis has been brewing for some time, and policy responses such as moratoria [...]