Housing and Equity

Both before and after Superstorm Sandy, the trend at the Jersey Shore has been toward higher home values, a smaller percentage of housing units being occupied year-round, and an increasing presence of retirees among year-round residents. Is the Shore becoming a playground for the rich? And specifically rich retirees?

New Jersey is paradoxically one of the most diverse and most segregated states in the nation. The state has grown more diverse over the last two decades, with its non-Hispanic white percentage shrinking from two-thirds of the state population in 2000 to a little more than half as of the 2020 Census, with notable proportional growth among Hispanic and Asian-American communities. But New Jersey’s macro-level diversity often does not translate into integration at the local level, and places that are integrated at the local level don’t always stay that way.

New Jersey faces major challenges with the dual threat of climate change and housing unaffordability. While at face value, these two issues seem to pertain to natural or built environments, respectively, the two are inseparably linked and must be addressed in tandem.

New Jersey is facing an acute housing shortage. Nationally, we are millions of housing units short of meeting demand, and the situation is proportionally worse in New Jersey. That was the big-picture message delivered by Debra Tantleff, founding principal of Tantum Real Estate, to kick off the session on The State of Housing in New Jersey at the New Jersey Planning and Redevelopment Conference on June 16, hosted jointly by New Jersey Future and the New Jersey chapter of the American Planning Association.

With the youngest members of the demographically large Millennial generation (roughly, those born between 1981 and 1996) aging into young adulthood, the number of people between the ages of 25 and 44 increased nationwide by 3.5% between 2015 and 2019. In New Jersey, however, the population in this age range declined by 1.2% over the same time period, with high housing costs appearing as a major motivating factor.

In this report, New Jersey Future analyzed housing affordability in each New Jersey municipality, to see where households headed by someone 65 or older have high housing costs. The places where housing cost burden is greatest fall into two groups: towns that are expensive for everyone, and towns that are dominated by larger, single-family housing stock. December 2015.

An interim report, three years after Hurricane Sandy, on New Jersey Future’s groundbreaking local recovery planning manager program, including lessons learned and recommendations. October 2015.

An analysis of household income distributions in the neighborhoods around New Jersey’s transit stations shows that not all station areas offer the benefits of transit access across all income levels. June 2015.

2016 Smart Growth Awards: Alfred C. Koeppe, business leader and champion for economic development in New Jersey, is the recipient of the 2016 Cary Edwards Leadership Award.

A redevelopment of a landmark downtown building; several projects designed to spur homeownership in historically disinvested areas; an urban farm; and a bold resiliency plan are the winners of New Jersey Future’s 2016 Smart Growth Awards. Al Koeppe is the recipient of the Cary Edwards Leadership Award.