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 3,869 units approved for construction in this year through February 2017. This is 908 less units than the authorized last year through February 2016. This -19.0 percent loss was the result of less authorizations of multi-family structures (-1,214 units or -34.4%) partially offset by an increase approvals of single family units (306 units or 24.5%).
Over the month the number of housing units authorized for construction fell by 277 units or -13.4 percent compared with January 2017’s total of 2,073. This resulted from fewer authorizations of units in multi-family structures (-136 units or -11.1%) 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 February, 60.6 percent were multi-family and 39.4 percent were single-family.
Hudson County led the state with a total of 345 units authorized by building permit, including 330 multi-family units and 15 single-family houses. Weehawken Township approved the most units (236) among the county’s municipalities, followed by both Jersey City (39) and Guttenberg town (39). All of the (236) Weehawken Township and Guttenberg Town (39) issued permits are multi-family structures. In Jersey City, 27 multi-family units and 12 single-family houses were proposed.
In second place among the state’s 21 counties was Essex County, where permits were issued for 328 units, 303 multi-family units and 25 single-family houses. Of the county’s municipalities, Newark approved the most units (245) all of them multi-family.
The third-ranking county was Ocean County with a total of 243 approvals. The newly authorized residences was concentrated in Lakewood Township, where 134 houses were authorized all of them single-family houses.
Ranking fourth was Middlesex County, where permits were issued for 218 units, including 164 multi-family residences and 44 single-family houses. Of the county’s municipalities, Sayreville borough approved the most units with a total of 136, all of them multi-family units. Rounding out the list of the state’s top five counties was Camden County with 103 units approved. Of these, 87 were multi-family and 16 were single-family houses. Winslow Township led the county’s municipalities with 80 units authorized, all in multi-family structures.
Nationally, the issuance of building permits on a not seasonally adjusted basis declined by 2,555 or 3.0 percent over the month from 87,327 in January 2017 to 84,772 in February 2017. Across the United States, building permits went up over the year by 12,283 or 7.7 percent from February 2016 when issuances stood at 159,876 for the month of February 2017, single-family houses accounted for 64.7 percent of the units authorized, while 35.3 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/industry/bp/bp_index.html).