“Rents are the high, and they’ve gone up quite a bit, particularly since the pandemic,” said Eric Seymour, a Rutgers University professor who co-authored a study looking at rent control in New Jersey. “And so there’s interest in understanding the policy levers available to try to keep rents manageable.”
Topic
New Jersey housing market
Rent going up again? You’re not alone. Hudson County’s market 2025
“It will take a good deal of time in order to see that new supply has an effect on affordability in markets,” said Eric Seymour of Rutgers University’s Bloustein School of Planning and Public Policy.
New Jersey State Policy Lab: New Jersey’s Single-Family Housing Markets by County 2021
Home real estate markets intensified in 2021 due to what appears to have been a buyer frenzy that drove single-family home prices steeply upward across the State of New Jersey. More single-family homes closed despite fewer listings in New Jersey.
New Jersey Policy Lab: Has New Jersey’s Housing Market Peaked? A New Year’s Assessment
The available stock of both single-family and townhouses for sale has been progressively falling since July 2021 when it reached a pandemic peak. But even that peak was close to a third of numbers ten years prior.
New Jersey Policy Lab: A Primer on Housing Markets with a Bird’s Eye View on New Jersey
Expect telecommuting and surge of millennials forming families to push housing demands in NJ, especially in “good” school districts. Lahr notes a widening gap between housing starts and completions–due to supply chain challenges–and considers pandemic impacts on low-income households.