Construction Value
$7.8M ▲ 7.4%
Units Permitted
31 ▼ 6.1%
Avg Value / Unit
$252K
2024 · Census Bureau Building Permits Survey
Construction activity in New Milford slowed in 2024, down 6.1% from the prior year with 31 housing units permitted. At $252K per unit, new builds are in line with the Bergen County average of $242K. Volume is still modest compared to neighboring towns (59% fewer units than the county average of 75), but the investment per project is strong. 48.4% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
Mostly single-family with some small multi-unit buildings.
Construction Intensityi
$462
per resident
County avg: $8K-94%
$3.4M
per square mile
New Milford vs. Bergen County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 16 | 16 | $6.3M | 81% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 15 | 3 | $1.5M | 19% |
County Ranking by Construction Volume
Among 69 permit-issuing towns in Bergen County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →