Moving into a new apartment in New Jersey is an exciting milestone. Whether you’re a first-time renter, upgrading from a smaller home, or relocating for work, one of the biggest questions on your mind is likely: How much does it cost to furnish an apartment in New Jersey?

The answer depends on several factors, including the size of the property, your style preferences, and whether you’re shopping for brand-new furniture or opting for budget-friendly secondhand finds. In this guide, we’ll break down the typical furnishing costs, provide practical budgeting tips, and highlight how smart planning can help you create a comfortable, stylish home without overspending.

Understanding the Basics: Apartment Size and Layout

Before diving into numbers, it’s important to consider the square footage of your new apartment. In New Jersey, the average condo, townhouse, or rental unit can vary greatly depending on the location, whether you’re in bustling downtown Newark, a suburb of Princeton, or a waterfront community near Hoboken.

– Studio or 1-Bedroom Apartment: Typically 500–800 sq. ft. 
– 2-Bedroom Apartment: Around 800–1,200 sq. ft. 
– 3-Bedroom Apartment or Townhouse: 1,200–1,800+ sq. ft. 

The lot size doesn’t usually matter for apartments, but neighborhood amenities and community design can influence how much you’ll need. For example, smaller apartments often require multifunctional furniture, while gated communities or luxury condos may encourage more upscale décor to match the property’s feel.

Average Costs of Furnishing an Apartment in New Jersey

The cost to furnish an apartment can range widely, from $3,000 for a minimalist setup to $15,000+ for a fully customized, designer inspired space. Here’s a breakdown room by room:

1. Living Room

The living room is often the heart of the home, where you’ll relax, host friends, or even take part in a virtual tour of your space when showing it off online.

Essentials include: 
– Sofa or sectional: $600–$2,500 
– Coffee table: $150–$800 
– TV stand or media console: $200–$1,000 
– Area rug: $150–$700 
– Accent chairs or side tables: $250–$1,200 

Estimated Total: $1,500–$6,200 

2. Bedroom

Your bedroom should be both comfortable and functional. Furnishing costs vary depending on the number of bedrooms in your apartment.

Essentials include: 
– Bed frame and headboard: $400–$1,200 
– Mattress: $500–$2,000 
– Nightstands: $100–$600 each 
– Dresser: $300–$1,200 
– Bedding and décor: $250–$800 

Estimated Total per Bedroom: $1,200–$4,800

3. Kitchen & Dining Area

Even a small condo or townhouse in New Jersey usually includes a kitchen or dining nook.

Essentials include: 
– Dining table: $300–$1,200 
– Dining chairs (set of 4–6): $200–$1,000 
– Bar stools (if you have an island): $150–$500 each 
– Cookware, utensils, and small appliances: $400–$1,500 

Estimated Total: $1,000–$4,200 

4. Bathroom

While your bathroom is often smaller, costs can add up with everyday essentials.

Essentials include: 
– Shower curtain & rod: $40–$150 
– Towels and mats: $80–$300 
– Storage solutions: $100–$500 
– Mirror or vanity upgrades: $150–$600 

Estimated Total: $400–$1,500 

5. Office or Study Area

With many New Jersey professionals working remotely, setting up a functional home office is a must.

Essentials include: 
– Desk: $200–$1,000 
– Office chair: $150–$800 
– Bookshelves or storage: $150–$600 
– Lighting: $50–$300 

Estimated Total: $600–$2,700 

Budgeting Tips for Furnishing Your Apartment

Furnishing an apartment doesn’t have to break the bank. Here are smart strategies to balance quality and affordability:

1. Prioritize Essentials First – Focus on your bed, sofa, and dining essentials before splurging on decorative accents. 
2. Mix New and Used Items – Platforms like Facebook Marketplace, estate sales, or thrift shops in suburbs often offer high-quality furniture at a fraction of retail prices. 
3. Take Advantage of Apartment Layout – Maximize square footage by choosing multipurpose furniture, like a sofa bed or storage ottoman. 
4. Plan for Long-Term ROI – Just like in real estate investment, think about equity and appreciation of your furniture. Higher-quality pieces often last longer and add more value to your home experience.

Additional Costs to Keep in Mind

When you’re calculating the cost to furnish your apartment, don’t forget about these hidden expenses: 

– Moving and Delivery Fees: $300–$800 in New Jersey 
– Assembly Costs: $50–$200 per item if you hire professionals 
– Décor Items: Artwork, plants, mirrors $300–$1,000+ 
– Utilities and Appliances: Microwaves, vacuum cleaners, etc. $500–$1,500 

Furnishing Costs in Different Parts of New Jersey

The market value of furniture shopping can shift depending on your neighborhood: 

– Urban areas (Newark, Jersey City, Hoboken): Expect higher delivery and showroom prices but more design variety. 
– Suburbs (Princeton, Cherry Hill, Morristown): Easier access to warehouse outlets and bulk deals. 
– Shoreline communities: Coastal-inspired décor trends may push you toward lighter woods, modern furniture, and energy-efficient appliances.

Renting vs. Owning: Does It Change the Cost?

If you’re renting, you may avoid certain investments, like custom shelving or high-end kitchen upgrades. Owners of condos or townhouses may spend more to align their interiors with the community aesthetic or increase their property’s market value for a potential future listing.

For investment properties, some landlords furnish units for higher rental income, especially in short-term rentals. In these cases, consider ROI, cash flow, and even property management strategies when budgeting for furnishings.

Smart Tech and Modern Add-Ons

New Jersey renters and buyers are increasingly interested in modern conveniences: 

– Energy-efficient appliances reduce utility bills. 
– Smart thermostats and lighting add long-term savings. 
– 3D walkthroughs and virtual tours often showcase furnished spaces, making them more appealing in listings. 

Frequently Asked Questions (FAQs)

1. Is it cheaper to furnish an apartment in New Jersey suburbs compared to cities?

Yes. Suburbs often have more access to discount outlets and secondhand markets, while downtown areas carry higher delivery costs and designer options. 

2. Should I furnish my rental apartment if I plan to move within a year?

If your lease is short-term, focus on essential and budget-friendly furniture instead of long-term investments. 

3. Can furnishing an apartment increase rental income for landlords?

Absolutely. A fully furnished unit often justifies higher rent and attracts tenants seeking a move-in ready home. 

4. How can I finance apartment furnishings?

Some renters and buyers choose a loan or even store financing. Always compare interest rates, just like you would with a mortgage or refinance. 

5. What’s the best way to save money while furnishing?

Mixing new and used items, shopping during sales, and using local marketplaces can reduce overall costs without sacrificing quality.