Construction Value
$6.7M ▼ 84.2%
Units Permitted
67 ▼ 81.6%
Avg Value / Unit
$101K
2024 · Census Bureau Building Permits Survey
Construction activity in Teaneck slowed in 2024, down 81.6% from the prior year with 67 housing units permitted. At $101K per unit, new builds are 59% below the Bergen County average of $246K, indicating more affordable construction. Volume is still modest compared to neighboring towns (12% fewer units than the county average of 76), but the investment per project is strong. 26.9% 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
$163
per resident
County avg: $8K-98%
Teaneck vs. Bergen County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 49 | 49 | $4.6M | 68% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 18 | 1 | $2.2M | 32% |
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 →