Residential Building Permits Summary
New Jersey Residential Building Permits
According to the latest data from the US Bureau of the Census on housing units authorized by building permits, New Jersey had 2,104 units approved for construction in January 2017. This is 127 more units than the 1,977 authorized in January 2016. This 6.4 percent gain was the result of more authorizations of single-family houses (+291 units or +53.1%) partially offset by fewer approvals of units in multi-family structures (-164 units or -11.5%).
Over the month the number of housing units authorized for construction fell by 432 units or 17.0 percent compared with December 2016’s total of 2,536. This resulted from fewer authorizations of units in multi-family structures (-487 units or -27.8%) partially offset by an increase in permitting of single-family houses (+55 units or +7.0%). Approvals of multi-family houses often vary widely from month to month because many are produced in large batches for housing developments or apartment complexes. Of the units for which permits were issued in January, 60.2 percent were multi-family and 39.8 percent were single-family.
Hudson County led the state with a total of 491 units authorized by building permit, including 485 multi-family units and 6 single-family houses. Jersey City approved the most units (267) among the county’s municipalities, followed by Bayonne (140). In Jersey City, 264 multi-family units and three single-family houses were proposed. Bayonne issued permits for 139 units in multi-family structures and one single-family house.
In second place among the state’s 21 counties was Ocean, where permits were issued for 235 units, all which were single-family houses. The newly authorized residences was concentrated in Lakewood Township, where 151 houses were authorized. The third-ranking county was Monmouth with a total of 214 approvals, including 130 units in multi-family structures and 84 single-family houses. Aberdeen Township led the county’s municipalities in authorizations with a total of 113 units, all of them multi-family.
Ranking fourth was Essex County, where permits were issued for 156 units, including 128 multi-family residences and 28 single-family houses. Of the county’s municipalities, Bloomfield Township approved the most units with a total of 45, including 30 in multi-family buildings and 15 single-family houses. Rounding out the list of the state’s top five counties was Camden County with 136 units approved. Of these, 123 were multi-family and 13 were single-family houses. Winslow Township led the county’s municipalities with 95 units authorized, all in multi-family structures.
Nationally, the issuance of building permits on a not seasonally adjusted basis declined by 2,083 or 4.5 percent over the month from 91,410 in December 2016 to 87,327 in January 2017. Across the United States, building permits went up over the year by 12,551 or 16.8 percent from January 2016 when issuances stood at 74,776. For the month of January 2017, single-family houses accounted for 61.4 percent of the units authorized, while 38.6 percent were in multi-family structures.
Detailed residential building permit data for New Jersey, its counties, as well as all 565 municipalities are available from the New Jersey Department of Labor and Workforce Development on the Internet (http://lwd.dol.state.nj.us/labor/lpa/LMI_index.html).