This New Jersey community was named the second-fastest-growing housing market in the US

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Real Estate Nouvelles

Development,New Jersey,Population

Over the past decade, a community near Rutgers University has skyrocketed in growth, both in population and the presence of housing units.

This once sleepy exurb of Blackwells Mills in New Jersey, just 9 miles from Rutgers University, saw its housing market and population skyrocket in the past decade.One New Jersey community is riding the wave of a suburban and exurban housing boom that’s reshaping America.

“Housing inventory in exurbs grew by an average of 15% over the past 10 years, outpacing suburbs at 14% and principal cities at 10%,” the report says.Jennifer Lopez sells her NYC penthouse after 7 years for sale

 

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