How Tight Is the Housing Market in New Jersey in Q4 2025?

New Jersey saw a housing vacancy rate of 0.5% as of Q4 2025, below the national avg of ~1.4%.
The lingering effects of underbuilding since 2008 have left the US short by an estimated 4–7M homes, keeping pressure on supply.
Investor-owned property vacancies were also low in New Jersey.
Nationally, the share of zombie homes declined slightly in Q4 2025, suggesting modest improvements in housing utilization.
New Jersey’s housing market remains tighter than most of the country.