Construction Value
$12.8M ▼ 3.4%
Units Permitted
69 ▼ 5.5%
Avg Value / Unit
$185K
2024 · Census Bureau Building Permits Survey
Construction activity in Morristown slowed in 2024, down 5.5% from the prior year with 69 housing units permitted. At $185K per unit, new builds are 25% below the Morris County average of $249K, indicating more affordable construction. Volume is 77% above the county average of 39 units, suggesting faster-than-typical growth. 71% 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
$634
per resident
County avg: $6K-89%
$4.4M
per square mile
Morristown vs. Morris County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 20 | 20 | $5.3M | 41% |
| ■ Duplex | 0 | 0 | — | 0% |
| ■ 3-4 Unit | 3 | 1 | $473K | 4% |
| ■ 5+ Unit | 46 | 8 | $7.0M | 55% |
County Ranking by Construction Volume
Among 32 permit-issuing towns in Morris County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →