Explore New Jersey agriculture and learn what makes it unique.
New Jersey is host to some of the most productive ground per acre in the United States and as a result, ranks the highest in terms of dollar per acre of agricultural land. Just under 16% of New Jersey’s total land area is dedicated to agricultural production and there are nearly 10,000 farms with an average size of 74 acres. In total, crops make up 90% of New Jersey’s agricultural production with the Greenhouse, Nursery, Floriculture, and Sod industry leading the way, accounting for $498 million of the billion dollar agriculture industry in the state. Other crops commonly produced include Fruits, Tree Nuts, Berries, Melons, and Potatoes.
3.7%
7.1%
113.3%
3.68%
Average Annual Returns
Cumulative Returns of Farmland
Source: NCREIF
Past performance does not guarantee future results and there is no guarantee this trend will continue. For illustrative purposes only and is not intended to represent the result of an actual investment. All investments involve risk, including the loss of principal. Click here for AcreTrader General Disclosures.
7.1%
Standard Deviation of Returns
Year Over Year Change (%)
Source: NCREIF
| Year | Total Return | Cumulative |
|---|---|---|
| 2003 | 3.8% | -100.0% |
| 2004 | 21.9% | 21.9% |
| 2005 | 15.4% | 40.7% |
| 2006 | 14.9% | 61.7% |
| 2007 | 7.7% | 74.2% |
| 2008 | -2.2% | 70.4% |
| 2009 | -9.9% | 53.6% |
| 2010 | -4.6% | 46.6% |
| 2011 | -2.5% | 42.9% |
| 2012 | -3.3% | 38.1% |
| 2013 | 4.6% | 44.4% |
| 2014 | 2.8% | 48.5% |
| 2015 | 5.0% | 55.9% |
| 2016 | -1.6% | 53.4% |
| 2017 | 1.3% | 55.4% |
| 2018 | 1.3% | 57.4% |
| 2019 | 0.6% | 58.4% |
| 2020 | 1.3% | 60.4% |
| 2021 | 7.8% | 72.9% |
| 2022 | 8.0% | 86.6% |
| 2023 | 14.3% | 113.3% |