Manufactured housing communities, consisting of factory-built, single-family homes that sit on leased land, provide a low-cost homeownership option. This report takes a comprehensive look at this little-studied type of housing in New Jersey and finds:
- Though manufactured homes overall constitute a small segment of New Jersey’s housing stock, these homes are heavily concentrated in land-lease communities. Homebuyers in these communities have much lower incomes than site-built homebuyers in the state.
- The vast majority of the state’s manufactured housing communities are located in urban areas, which range from small towns to midsize cities.
- Manufactured housing communities in New Jersey are often part of moderate-income neighborhoods with high rates of homeownership.
- Relatively high lot rents in New Jersey significantly diminish the affordability of this style of homeownership.
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