New Jersey · NAICS 53 · Annual, 2025
Real Estate and Rental and Leasing in New Jersey
Employment, establishments and average pay for NAICS 53 in New Jersey, 2004–2025, from DTG's QCEW-based estimates.
In 2025, Real Estate and Rental and Leasing (NAICS 53) employed about 63,100 people in New Jersey across roughly 9,307 establishments, with average annual pay of $91,330.
Employment in Real Estate and Rental and Leasing in New Jersey grew 11.8% from 2020 to 2025. Quarterly values, full industry detail and projections to 2036 for New Jersey are included with a free account. County-level detail is part of every paid plan, or one county free for seven days.
- 63,100Employment, 2025
- 9,307Establishments
- $91,330Avg. annual pay
- 1.5%Share of New Jersey jobs
- 0.94Location quotient
Employment, 2004 to 2025
Annual average · all ownerships
Annual employment, 2004–2025: 2004 59,800; 2005 59,900; 2006 61,000; 2007 60,400; 2008 60,200; 2009 56,500; 2010 54,900; 2011 53,500; 2012 53,400; 2013 54,800; 2014 55,100; 2015 56,200; 2016 57,800; 2017 59,100; 2018 60,200; 2019 61,900; 2020 56,500; 2021 58,100; 2022 63,300; 2023 64,500; 2024 63,800; 2025 63,100.
Last ten years
Annual · 10 years
| Year | Employment | Estab. | Avg. annual pay | Change | Source |
|---|---|---|---|---|---|
| 2025 | 63,113 | 9,307 | $91,333 | 1.1% | pub. |
| 2024 | 63,829 | 9,421 | $82,088 | 1.1% | pub. |
| 2023 | 64,508 | 9,485 | $78,948 | 1.9% | pub. |
| 2022 | 63,316 | 9,339 | $79,135 | 9.0% | pub. |
| 2021 | 58,087 | 9,056 | $76,044 | 2.9% | pub. |
| 2020 | 56,454 | 8,838 | $73,861 | 8.8% | est. · 1.00 |
| 2019 | 61,930 | 8,573 | $67,345 | 2.9% | est. · 1.00 |
| 2018 | 60,177 | 8,490 | $66,970 | 1.9% | pub. |
| 2017 | 59,056 | 8,302 | $64,064 | 2.1% | pub. |
| 2016 | 57,820 | 8,267 | $62,835 | 2.9% | pub. |
† Not disclosed in QCEW; DTG estimate.
The full history from 2004 and quarterly values are available with a free account.
By subsector, 2025
3-digit NAICS · 3 shown
| Code | Subsector | Employment | Share of real estate and rental and leasing | LQ | Source |
|---|---|---|---|---|---|
| 531 | Real Estate | 46,210 | 73.2% | 0.91 | pub. |
| 532 | Rental and Leasing Services | 16,474 | 26.1% | 1.05 | pub. |
| 533 | Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) | 429 | 0.7% | 0.71 | pub. |
Where these numbers come from
Reading these figures
The figures on this page come from one named vintage, stated below, and are annual values for all ownerships combined. Where QCEW withheld a value, the marked figure is an estimate that DTG produced under the constraints of the published record; suppression is a property of QCEW, not of DTG, and a withheld value is marked rather than silently omitted. Two things DTG itself holds back, and says so where it does: an estimate that cannot be given a reliability score is not shown, and average pay is not shown where fewer than three jobs are reported. The row is marked withheld, with the reason in a note beneath the table. The mark is on every row that carries a value: the headline, the yearly history, the subsectors and the other states. An estimated value that rounds below one is shown as less than one, not as zero. Quarterly figures, county figures and projected years are in the app.
How this figure was built
Employment is the average of the three monthly counts in each quarter, averaged across the year, and establishments are averaged across the year the same way. Average annual pay is the year’s total wages divided by that average employment. Each of these is DTG’s value: QCEW’s published figure where QCEW disclosed it, and DTG’s estimate, marked, where it did not. How withheld values are estimated, and what the reliability score beside a figure means, are described on the industry data and disclosure and provenance pages.
Notes
Data Tactical Group is an independent company and is not affiliated with or endorsed by any federal agency.
Real Estate and Rental and Leasing in New Jersey, quarterly, at full depth
This page shows annual figures for real estate and rental and leasing in New Jersey. A free account shows every detailed industry beneath it, quarterly, for every state, with projections to ten years. No card.
County figures, file export and the API are on paid plans.