Construction Value
$23.2M ▼ 32.2%
Units Permitted
150 ▼ 55.4%
Avg Value / Unit
$155K
2024 · Census Bureau Building Permits Survey
Construction activity in Bayonne slowed in 2024, down 55.4% from the prior year with 150 housing units permitted. At $155K per unit, new builds are 40% below the Hudson County average of $256K, indicating more affordable construction. Volume is 103% above the county average of 74 units, suggesting faster-than-typical growth. 85.3% 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
$323
per resident
County avg: $6K-95%
$4.0M
per square mile
Bayonne vs. Hudson County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 22 | 22 | $5.6M | 24% |
| ■ Duplex | 2 | 1 | $327K | 1% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 126 | 4 | $17.2M | 74% |
County Ranking by Construction Volume
Among 10 permit-issuing towns in Hudson County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →