Hudson County Ranks 3rd Most Expensive County to Buy Residential Land in USA

The average price of residential land grew by 6.8% in 2020, faster than other types of land, and is expected to maintain that growth in 2021 – according to Lawn Love. The site’s ranking of 2022’s ‘Most Expensive Counties to Buy Residential Land’ compared the average price and estimated property tax on an acre of a single-family parcel in 300 of the biggest U.S. counties. Locals may or may not be surprised that Hudson County not only landed on the list but ranked overall in third place.

Lawn Love Most Expensive Counties to Buy Residential Land

Hudson County’s Rank by Metric (1 = Most Expensive)

  • Average Price per Acre – 8th
  • Average Annual Property Tax per Acre – 2nd
  • Average Annual Property Tax Rate – 26th

Lawn Love wrote about Hudson County saying, “Having a hard time finding lots in NYC? Look across the river from The Big Apple, in Hudson County, New Jersey (No. 3). While lots in Hudson County pack a heavy price tag, the area is less developed than its busier neighbors, so there are more potential tracts to purchase.”

Read More: The Best Spaces in Hoboken + Jersey City for Your Office Party

lawn love Most Expensive Counties to Buy Land

The site also stated, “Before putting a payment down on residential property, it’s a good idea to check local constraints on developing land, if any. Many regions have specific zoning ordinances that may prevent buyers from executing their vision, particularly for multi-family and mixed-use development.”

The full ranking and analysis can be found here.

email buttons

Written by:

Victoria is HG's Associate Editor and Social Media Coordinator for the Hoboken Historical Museum + Fire Department Museum. She is also a Board Member of LUPE Fund – a nonprofit by Latinas for Latinas. Victoria is a fourth-generation Hoboken native, BNR in the Mile Square, and Jersey City. Through playing softball in town for fourteen years, playing the trumpet for the Hoboken High School Redwings Band, and graduating from New Jersey City University, these two cities have a special place in her heart. When she isn’t Style Assisting or volunteering at Symposia Bookstore, she’s exploring everything the Concrete Jungle has to offer. You can catch her at art exhibitions, trying new restaurants, traveling, diving into a new book, thrifting, or indulging in some form of arts and crafts.

Appears within: