Construction Value
$12.0M ▼ 31.6%
Units Permitted
84 ▼ 21.5%
Avg Value / Unit
$143K
2024 · Census Bureau Building Permits Survey
Construction activity in Caldwell slowed in 2024, down 21.5% from the prior year with 84 housing units permitted. At $143K per unit, new builds are 43% below the Essex County average of $253K, indicating more affordable construction. Volume is still modest compared to neighboring towns (59% fewer units than the county average of 204), but the investment per project is strong. 90.5% of new units were multi-family (apartments, condos, duplexes).
Housing Mixi
Development Densityi
Units per building permitted
A mix of single-family and multi-unit development.
Construction Intensityi
$1K
per resident
County avg: $15K-91%
$10.2M
per square mile
Caldwell vs. Essex County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 8 | 8 | $3.0M | 25% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 76 | 10 | $9.0M | 75% |
County Ranking by Construction Volume
Among 21 permit-issuing towns in Essex County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →