Construction Value
$3.9M ▼ 12.2%
Units Permitted
16 ▲ 128.6%
Avg Value / Unit
$243K
2024 · Census Bureau Building Permits Survey
Construction activity in Millstone Township jumped in 2024, up 128.6% from the prior year with 16 housing units permitted. At $243K per unit, new builds are in line with the Monmouth County average of $243K. Volume is still modest compared to neighboring towns (77% fewer units than the county average of 71), but the investment per project is strong. 68.8% 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
$375
per resident
County avg: $7K-94%
$5.7M
per square mile
Millstone Township vs. Monmouth County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 5 | 5 | $2.3M | 58% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 0 | 0 | — | 0% |
| ■ 5+ Unit | 11 | 2 | $1.6M | 42% |
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 →