Indicates MSA includes part of more than one state or region. MSA includes part of more than one state or region.

Trenton-Ewing, NJ View area description and map

 

Market Hotness

0.5

12 mos. permits per 1,000 residents

Job Growth

-1.3%

Annual rate last 4 quarters

Res. Permits

-71%

YTD change vs. prior year

 

Local News from BUILDER

  • Furniture promotion boosts sales for New Jersey builder

    Kaplan Communities uses a cross-promotion with Ashley Furniture to provide its buyers with new furniture to put in their new homes.

     
  • Bankruptcy Becoming Last Hope for More Builders

    Some things builders seeking court-sanctioned debt relief should know.

     
  • Retail Therapy

    AS FANS OF IKEA HOME FURNISHINGS stores know, the store highlights its products in creative vignettes cram-packed with design and style ideas. The New Jersey–Pennsylvania division of Beazer Homes USA has adopted a similar approach at its new design studio in Ewing, N.J., which opened in June.

     
 
 

Trenton Permits

Percentage change year over year

  Single Family Multifamily Units  
  Permits Chg. 2 Units 3-4 Units +5 Units All Multi Chg. Total Units Chg.
9 Mos. 2009 138 -48% 4 0 23 27 -91% 165 -71%
2009 3Q 53 -36% 0 0 15 15 +200% 68 -23%
2Q 41 -61% 4 0 0 4 -93% 45 -72%
1Q 44 -41% 0 0 8 8 -97% 52 -84%
2008 4Q 58 -8% 0 0 32 32 -45% 90 -26%
3Q 83 -14% 0 0 5 5 -91% 88 -42%
Annuals                  
2008 279 -40% 2 6 299 307 +31% 586 -16%
2007 466 -19% 14 0 220 234 -13% 700 -17%
2006 578 -53% 64 0 205 269 +259% 847 -35%
 

Market Hotness Trend

12 mos. permits per 1,000 residents

Sep '09

0.5

Density Information

Calculated per square mile

Q2 '09Q2 '08Chg.
Population1625.721622.170.2%
Housing Unit624.98624.170.1%
Market Density Index (MDI)
Total Permits0.813.51-76.9%
SF Permits0.681.69-59.8%
MF Permits0.131.81-92.8%

Existing Housing Stock

141,182

Trenton, NJ

Population

Based on Census Bureau estimates

Sep '09

367,250

Construction Trends

Share of permits by dwelling type

9 Months '09Share
Single-Family84%
Multifamily16%
2004-2008Avg.Share
Single-Family67%
Multifamily33%
 

Trenton Employment Trends

Employment numbers in thousands

Employment Sector No.of Jobs Last 1 Year Change Last 1 Year Job Growth Last 2 Years Change Last 2 Years Job Growth
Total 235.8 -3.0 -1.3% -0.7 -0.3%
Construction 5.9 -0.3 -5.1% -0.3 -4.8%
Manufacturing 8.9 -0.7 -7.9% 0.2 2.1%
Trade 26.8 1.4 5.2% -0.9 -3.5%
Information 6.0 -0.2 -3.3% 0.2 3.2%
Financial Activities 17.0 0.0 0.0% 0.0 0.0%
Services 103.2 -1.8 -1.7% 1.6 1.5%
Government 63.5 -1.1 -1.7% -1.5 -2.3%
Unemployed at end of period (rate) 9.9 5.0% 7.3 3.7%