Construction Value
$15.6M ▼ 23.3%
Units Permitted
41 ▼ 25.5%
Avg Value / Unit
$381K
2024 · Census Bureau Building Permits Survey
Construction activity in Palisades Park slowed in 2024, down 25.5% from the prior year with 41 housing units permitted. At $381K per unit, new builds are running 58% above the Bergen County average of $242K, pointing to higher-end construction. Volume is still modest compared to neighboring towns (45% fewer units than the county average of 75), but the investment per project is strong. 65.9% 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
$770
per resident
County avg: $8K-90%
$12.6M
per square mile
Palisades Park vs. Bergen County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 14 | 14 | $8.7M | 56% |
| ■ Duplex | 14 | 7 | $4.8M | 31% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 13 | 1 | $2.1M | 14% |
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 →