10 Reasons We Love Buying Land in New Jersey

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10 Reasons We Love Buying Land in New Jersey
By

Bart Waldon

Known as the "Garden State," New Jersey is located in the Mid-Atlantic region of the United States. It was one of the original 13 colonies that declared independence from Great Britain. With nearly 9 million residents, it is the 11th most populous state in the country. However, it is also one of the most densely populated states. New Jersey is home to diverse landscapes, from the Jersey Shore's famous boardwalks and sandy beaches along the Atlantic to the forested hills of the northwestern highlands. 

The state has a humid continental climate, with warm, humid summers and cold winters. There is plenty of rainfall year-round which helps the state live up to its nickname by allowing agriculture to thrive. New Jersey's economy is driven by pharmaceutical, chemical and telecom industries, as well as tourism centered around coastal resort towns like Atlantic City. The state has a rich history and played pivotal roles in the Revolutionary War and industrialization of America.

With its close proximity to major cities, changing seasons, rolling hills and sandy beaches, New Jersey offers many appealing reasons to invest in land. Here are 10 of our favorite things about buying vacant land in the Garden State.

Reasons to Buy Land in New Jersey

1. Convenience

One of the best aspects of purchasing land in New Jersey is the convenience. Even if your property is tucked away in a rural corner, you're never too far from urban amenities. New York City is a short trip over the Hudson, while Philadelphia is an easy drive southwest. Newark, Jersey City and other metro hubs are readily accessible as well. So you can enjoy scenic open spaces but still benefit from urban opportunities like dining, entertainment and airports nearby.

2. Recreational Waterways

New Jersey is renowned for its beaches, but the state also boasts over 1,800 miles of bay, river and wetland shoreline. Coastal towns serve up vibrant boardwalks with carnival-like energy, while Barnegat Bay and other inland waters allow for laid-back fishing, crabbing and boating. Plentiful marinas dot the state's waterways, offering spots to dock your vessel or charter a sailing trip. Waterfront property always comes at a premium, but NJ has abundant options.

3. Four Distinct Seasons

From hot summer days spent at the shore to snow-filled winter weekends hunkered down near a fire, New Jersey brings four quintessential seasons. Springtime entices outdoors with flowering trees, blooming gardens and warming temperatures perfect for hiking and biking. Autumn dazzles with brilliant fall foliage in shades of red, orange and yellow before the landscape returns to its wintry slumber.

4. Agricultural Tax Incentives

Owning rural land or a working farm in New Jersey comes with some nice tax perks. Agricultural landowners can qualify for reduced property tax rates, income tax credits and other benefits. There are also incentives for donating land or selling development rights for conservation purposes. Consult local experts to find tax deductions you may qualify for.

5. Quick Access to Airports

While Newark Liberty International Airport handles major international flights, New Jersey also has smaller regional airfields. Atlantic City International and Trenton-Mercer airports offer additional flight options. The abundance of airports spread throughout the state makes travel simple for landowners. Quick airport access is a huge plus whether you're jetting off for business or pleasure.

6. Scenic Topography

From the rugged Highlands to the expansive Pine Barrens to the fertile Coastal Plain, New Jersey's landscapes vary widely. The northwest peaks approach 1,800 feet while the southern coast sits at sea level. In between you'll find rolling farmlands, winding rivers, dense forests and wetland expanses. Choose mountain vistas, open meadows or sandy beaches - the options satisfy any terrain tastes.

7. Local Food and Produce

New Jersey earns its "Garden State" nickname for good reason. Over 10,000 farms produce beef, poultry, eggs, dairy, fruits and vegetables across the state's fertile soils. The abundance of nearby agriculture is a dream for locavores. As a landowner, you can take advantage of the plentiful farmers markets, roadside farm stands and u-pick orchards and berries.

8. Outdoors Culture

Residents here relish an active outdoor lifestyle. Hiking, fishing, boating, swimming, horseback riding - if it's outside, they love it. New Jersey maintains over 120 state parks and forests open for recreation. And opportunities for golf, skiing, hunting and wildlife viewing abound. Owning your own piece of land lets you fully embrace the vibrant outdoors culture with hiking trails, gardens, horses or whatever suits your fancy.

9. Preserved Open Spaces

Roughly 30% of New Jersey consists of permanently preserved parklands, forests and farmlands. Conservation groups like the Green Acres program work diligently to protect vital habitats, ecosystems and open spaces that make the state special. Thanks to these efforts, precious natural areas will remain untouched for generations to come.

10. Investment Potential

With New Jersey's increasing population and development pressure, especially near urban areas, vacant land will likely continue growing in value. Historic trends show that natural open spaces almost always appreciate over time as demand increases while supply stays fixed. So buying land now can be a smart investment as future housing needs limit available properties.

While the most densely populated state may seem an unlikely spot for idyllic open spaces, New Jersey offers many advantages for land buyers. Convenience, seasonal beauty, agriculture, recreation and investment potential all make the Garden State a great place to stake your claim. Those who appreciate nature, the outdoors and real estate will discover the many rewards of owning a piece of New Jersey.

Should You Invest in New Jersey Land?

With its dense population and development pressure, New Jersey may seem an unlikely place to buy vacant land. But the Garden State offers many benefits that make land ownership rewarding.

Appreciation Potential

Historically, the value of open land in New Jersey consistently rises over time. As available land decreases and population grows, especially near cities, prices are likely to increase. Buying land now and holding for the long-term can pay off handsomely.

Prime Location

Despite the density, New Jersey provides easy access to major urban hubs like NYC and Philadelphia. Even remote properties are within reach of amenities. And numerous airports make travel simple for owners. The convenience is ideal for weekend getaways to your retreat.

Abundant Natural Resources

Miles of shoreline, rolling hills, lush forests, wetlands and fertile farmland make New Jersey ideal for nature lovers. Outdoor recreation like hiking, fishing, and boating abound. And plenty of preserved parkland will stay untouched.

Agricultural Upsides

Owning rural land comes with tax breaks and the ability to tap into the state's many farms and markets. For locavores who appreciate fresh produce and supporting local agriculture, it's a major perk.

While buying New Jersey land has risks like any real estate investment, the central location, natural diversity, recreation options and potential for appreciation make it worth considering. For many land enthusiasts, the Garden State offers an ideal blend of nature and convenience.

Final Thoughts

For outdoor lovers, real estate investors, and anyone seeking beautiful open spaces near major metro areas, New Jersey has wide appeal. The convenience of access to cities counterbalances the tranquility of beaches, forests, and farmlands that offer recreation and relaxation. Owning a piece of the Garden State means enjoying four distinct seasons, abundant natural beauty, and community rooted in agriculture. As land values increase, buying at the right time can pay off in lasting value. Despite the perception of urban density, New Jersey retains preserved natural expanses. For many, the diversity of landscapes and opportunities make it an ideal place to plant roots through land ownership. With diligent research and long-term vision, the risks can be mitigated for those ready to stake their claim on a small piece of New Jersey.

Frequently Asked Questions (FAQs)

What types of land are available in New Jersey?

New Jersey has a diverse landscape that includes forests, farms, wetlands, beaches, and tidal marshes. Land for sale may include vacant residential lots, acreage for recreation, working farmland, waterfront property, and land approved for construction and development.

What factors affect the cost of land in New Jersey?

Major factors influencing price are location, acreage size, permitted use, terrain, road access, and utilities availability. Land near cities or waterfronts commands higher prices. Larger parcels over 10 acres cost less per acre. Zoning restrictions and development approval impact value.

Should I hire a real estate agent to buy land in New Jersey?

A local agent can help you identify parcels for sale, negotiate better pricing, and navigate the closing process. Though you pay their commission, agents provide valuable expertise on markets, valuations, listings, and regulations. First-time buyers may benefit most.

What are the steps to buying land in New Jersey?

After securing financing, you'll research listings, compare parcels, estimate costs, inspect properties, make an offer, complete due diligence, negotiate the purchase agreement, secure permits, close on the sale, and record the deed. Legal and tax advisors are key.

What ongoing costs come with owning land in New Jersey?

Standard costs are property taxes, insurance, maintenance fees for communities, and utilities if built on. You may also have costs for security, access roads, vegetation removal, flood mitigation, and equipment for maintenance upkeep. Budget accordingly.

About The Author

Bart Waldon

Bart, co-founder of Land Boss with wife Dallas Waldon, boasts over half a decade in real estate. With 100+ successful land transactions nationwide, his expertise and hands-on approach solidify Land Boss as a leading player in land investment.

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