7. Northern New Jersey
In absolute numbers, the suburban towns of Northern New Jersey are number five on the list of markets where developers are now building the most garden-style apartments, according to CoStar. These densely populated towns are unusual—the cost of development sites in Northern New Jersey is relatively expensive compared to the other top markets for construction.
“Northern New Jersey is also an outlier in that a recently built garden-style unit goes for about the same rent as recently built mid-rise unit,” says Rybczynski. “So, it would seem that Northern New Jerseyians prize the low-density, while being able to commute to New York City.”