Construction Value
$5.6M ▲ 37.4%
Units Permitted
83 ▲ 45.6%
Avg Value / Unit
$68K
2024 · Census Bureau Building Permits Survey
Construction activity in South Bound Brook jumped in 2024, up 45.6% from the prior year with 83 housing units permitted. At $68K per unit, new builds are 77% below the Somerset County average of $290K, indicating more affordable construction. Volume is roughly in line with neighboring towns (86 units on average). 74.7% 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
$1K
per resident
County avg: $16K-93%
$8.7M
per square mile
South Bound Brook vs. Somerset County Averagei
Where the Money Goesi
Construction value by housing type (2024)
| Type | Units | Bldgs | Value | Share |
|---|---|---|---|---|
| ■ Single-Family | 21 | 21 | $2.3M | 40% |
| ■ Duplex | 6 | 3 | $500K | 9% |
| ■ 3-4 Unit | 21 | 7 | $1.6M | 28% |
| ■ 5+ Unit | 35 | 7 | $1.3M | 22% |
County Ranking by Construction Volume
Among 18 permit-issuing towns in Somerset County
Historical trends, year-over-year analysis, and full permit history available with a paid plan. See products & pricing →