Construction Value
$10.2M ▼ 61.8%
Units Permitted
66 ▼ 44.1%
Avg Value / Unit
$155K
2024 · Census Bureau Building Permits Survey
Construction activity in Freehold Township slowed in 2024, down 44.1% from the prior year with 66 housing units permitted. At $155K per unit, new builds are 37% below the Monmouth County average of $244K, indicating more affordable construction. Volume is roughly in line with neighboring towns (71 units on average). All permits were for single-family homes.
Housing Mixi
Development Densityi
Units per building permitted
All construction is single-family detached homes.
Construction Intensityi
$288
per resident
County avg: $7K-96%
$5.3M
per square mile
Freehold Township vs. Monmouth County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 66 | 66 | $10.2M | 100% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 0 | 0 | — | 0% |
County Ranking by Construction Volume
Among 49 permit-issuing towns in Monmouth County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →