Garden State Times

The Camden County Board of Commissioners has been actively promoting economic development, job market expansion, and workforce investment. According to Zillow data published by NJ.com, Camden County homeowners have experienced a 12% increase in property values over the past year, raising the average home value from $286,000 to $321,000.

This follows an Axios analysis last month that highlighted significant increases in property values within several zip codes in Camden City. The report found that zip code 08104 saw a 33% rise since August last year, while zip codes 08102 and 08105 experienced increases of 23% and 21%, respectively.

“This is another outstanding indicator that we are doing something special here in Camden County and in South Jersey as a whole,” said Commissioner Director Louis Cappelli Jr., liaison to the Camden County Improvement Authority. “Cutting red tape and making this county a place where business and families can grow and thrive is one of our core governing principles as public servants.”

Over the past decade, Camden County has attracted new businesses and hosted large corporate expansions. Notable investments include nearly $3 billion from Cooper University Health Care, Jefferson Health, and Virtua Health for new hospital facilities. Companies such as Archer, Campbell’s, Lockheed Martin, American Water, ResinTech, and Holtec International have also made significant investments.

Christina Renna, president and CEO of the Chamber of Commerce Southern New Jersey, commented on the rise in home values: “These statistics tell us something the chamber already knows quite well; the value of property in South Jersey is on the rise and it continues to be an attractive place for people to live, work and play.”

The Board of Commissioners has undertaken various strategic investments over the past decade. Key initiatives include establishing a new police department in 2013 that reduced violent crime by 50%, launching Parks Alive 2025 with a $100 million investment into parks, repaving streets and rebuilding infrastructure. Additionally, Camden County hosts top primary and secondary schools along with Rutgers and Rowan University.

“This data underscores the fact that this county continues to be an attractive place to live, work and raise a family,” said Commissioner Jeffrey Nash. “Our geography has always played an important role in our success but making the right investments drives home values.”