Construction Value
$3.4M ▼ 7.7%
Units Permitted
45 ▲ 0%
Avg Value / Unit
$75K
2024 · Census Bureau Building Permits Survey
Construction activity held steady in 2024, with 45 housing units permitted. At $75K per unit, new builds are 69% below the Middlesex County average of $246K, indicating more affordable construction. Volume is 25% above the county average of 36 units, suggesting faster-than-typical growth. 93.3% 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
$134
per resident
County avg: $2K-91%
$774K
per square mile
Carteret vs. Middlesex County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 3 | 3 | $391K | 11% |
| ■ Duplex | 6 | 3 | $631K | 19% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 36 | 7 | $2.4M | 70% |
County Ranking by Construction Volume
Among 25 permit-issuing towns in Middlesex County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →