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Schedule Your Paving Work Now To Lock In Your Rate And Avoid Paying More

How Much Does Asphalt Paving Cost?

The Asphalt Cement and Fuel Price Index reports the price per ton of liquid asphalt rose sharply from $332 in 2017 to $466 in 2020. Unfortunately, thanks to the unstable economy, sulphur fuel regulations, trade restrictions and the promise of more tariffs, construction industry experts predict the cost for raw materials like asphalt and concrete will skyrocket in the coming year.

The effects of the surge in price are already evident not just in New Jersey, but in communities across the country, as many public works and highway departments are now forced to rely on cheaper, less durable materials for coat-and-seal work.

Fortunately, there are some solutions to combat the rising cost of asphalt. In this article you’ll learn how to lock in your rate and avoid paying more for asphalt paving, resurfacing and sealcoating.

Schedule your projects now
If we use the volatile state of the construction and commodities markets in 2018 as an indicator for 2020, now is the time to schedule your asphalt paving, repair and resurfacing projects. 2018 proved that hoping for asphalt prices to improve is about as useful as hoping the cracks in your driveway will just magically disappear. Like most things in life, you need to prioritize your asphalt project in order to make it go away. It’s also likely to get worse as time, weather, chemical, salt and regular wear and tear erode the integrity of your asphalt surface.

It’s best to bite the bullet and find a local paving provider, such as Henry’s Asphalt Paving, that you trust with your property, and place your asphalt order before prices skyrocket and materials become scarce.

Don’t Wait For Winter Damage
The winter temperatures cause damage to asphalt surfaces. Low temperatures, snow, and ice can worsen existing cracks and greatly reduce the lifespan of your parking lot. That’s why it’s best not to wait until winter to schedule repairs to your asphalt parking lot. Once the temperature drops it will be too cold to pave.

There is also the issue of snow removal. Snow plows, salt and heavy equipment can inflict serious damage on your parking lot. As cracks widen and more moisture enters and freezes, your cracks will transform into potholes, which makes an unpleasant experience for your customers and an unwelcome surprise to your snow plowers! Simple preventative maintenance, such as cracksealing and sealcoating, can thwart the winter wreckage and prevent nasty surprises from surfacing after you shovel off the snow.

Preventative Maintenance
Milling and replacing an entire parking lot is never a cost-efficient option, but major pavement problems only grow more expensive as time goes on. There is no better way to reduce your expense and combat the rising cost of asphalt repair than to not need it in the first place. Below are some preventative maintenance measures that you can take to prolong the life of your parking lot or driveway.

Cracksealing – Prevents the accumulation of water and debris within the cracks in your asphalt surface.

Sealcoating – Provides resistance to oil and gas spills and halts the spread of stress fractures, thereby improving the aesthetics of the asphalt surface and prolonging the life of the entire asphalt structure.

Pavement Management Plans is key to your bottom line and any organization looking to keep a low overhead. You can preserve your parking log for pennies per square foot and save your bottom line by contacting Henry’s Asphalt Paving for a consultation today.

HOW MUCH DOES IS COST TO PAVE A DRIVEWAY?

If you are reading this, you are probably a New Jersey resident whose driveway has lost its curb appeal, or are a new homeowner looking to have a new driveway installed, and you are taking the steps to ensure a quality surface for the best value.  Henry’s Asphalt Paving has been installing new driveways and private roads to New Jersey and PA residents for over 60 years.  As a 3^rd generation New Jersey paving company, we will try our best to answer all of your questions and give you ideas of the cost associated with your paved surface to allow you to make the best decision for your property.  To find the exact cost of your new driveway, please click HERE or call us to schedule a free estimate.

COST OF A DRIVEWAY

When looking at what it’s going to cost for a new driveway, you first have to look at the material.  You have some choices (Asphalt, concrete, tar & chip, brick pavers and more).  As an asphalt paving company, we always tell our customers that Asphalt, or sometimes referred to as Blacktop, is the CHEAPEST, HARDEST, CLEANEST SURFACE FOR THE DOLLAR.  In terms of cost, asphalt paving typically runs about $3.00 to $4.00 per square foot depending on the scope of the project (quality & topography of your property, slopes, curves, etc).  Concrete is another choice, but typically runs about $6-7.00/SF.  Stamped concrete is around $8-12/SF, but can reach as high as $18.00/SF for more complex projects.  If you choose brick pavers, look to spend about $17-20.00/SF.  Some of our customers prefer the rustic look of Hot Tar & Chip.  Sometimes referred to as chip-and-seal, seal chip, macadam, or liquid-asphalt-and-stone, a tar and chip treatment adds beauty and value to your home and is a fantastic solution if you value both aesthetics and savings.  This application usually runs about $2-2.50/SF.

AESTHETICS

In terms of Aesthetics, beauty is in the eye of the beholder.  Most of our prospective customers tell us they prefer an ‘extension of the road’ and choose asphalt.  Although the color schemes of asphalt are limited to black and sometimes darker red, people prefer it because it can be sealcoated down the line to give it a new appearance.  Although rarely requested, for an extra cost special tints can be added to asphalt either at the end as a sealer or during the mix process.  Asphalt is better than concrete at concealing oil leaks and stains caused by cars as well.

DURABILITY

Another factor to consider is durability.  You obviously want your investment to last the test of time to get the best bang for your dollar.  Asphalt is an extremely durable surface.  A properly installed, well-maintained asphalt driveway can last for 25 years or more.   Asphalt is a great choice for a driveway, especially in the northeastern climates of the U.S.   Concrete tends to crack and heave in the freezing temperatures of those Northern New Jersey and Pennsylvania winters and repair can be difficult and repair costs are high.  Furthermore, salt used for ice melting can create pits in concrete leaving blotches across the driveway

REPAIR & MAINTENANCE

Asphalt surfaces can be repaired and blended much easier than concrete.  You will want to keep an eye out for cracks.  Even small, hairline fractures can expand into large gaps and potholes and create problems if left untreated.  Asphalt driveways should be treated within 6 months to one year after installation, then every other year or two, depending on the amount of traffic.  Although this adds to the cost, this will not only beautify your property, but protect against the elements like water, chemicals, salt and oil.  Concrete can be sealed to preserve the look and finish.

OTHER COSTS

Other costs may figure into the cost of your new driveways no matter what material you choose. 

Drainage is a factor that will extend the life of your driveway or private road.  If your driveway slopes toward your house, French drains can be installed to divert the water.  Although rare, some communities and HOA’s have requirements that must be addressed as to the handling of water from your property and may require drains at the end of the driveway. 

Local material costs such as fuel, material and freight can fluctuate, which will lead to higher or lower prices. 

Petromatting – Petromat is a geotextile that is coated with a cement tack that is laid in between the surface of the paved driveway.  This leads to greater stress absorbance, less water infiltration and  extends the life of residential asphalt surfaces.  Henry’s Asphalt Paving has had tremendous success using the petromat paving system, especially as it improves pavement performance and lifespan of new residential asphalt pavement overlays, while reducing maintenance and lifecycle costs.

Thanks for reading, we hope we have answered most of your questions.  Henry’s Asphalt Paving, located in Warren County, NJ serves all of New Jersey and parts of Pennsylvania for residential driveways and offers free consultations.  Please click HERE or call us to schedule your free estimate.

Research provided by the National Asphalt Pavement Association shows that the quality of recycled asphalt pavement is as good, or even better, than brand new pavement, even when recycled the second and third time.  It continues to be reclaimed and reused at a greater rate than any other product in the U.S.  This is nearly twice as much as paper, glass, aluminum and plastics combined.

Benefits Of Asphalt Recycling

1. Cost benefits – The cost per ton of Recycled Asphalt Products is substantially less than virgin asphalt.  This lowers the cost of your project AND saves the taxpayers billions of dollars each year in taxes.
2. It helps the environment – Asphalt recycling reduces our consumption of scarce natural resources (aggregate and asphalt) and simultaneously keeps 75 million tons of material out of US landfills. By reducing the amount of mining, quarrying and oil consumption, this, in turn, reduces carbon emissions.
3. Its Durable –  properly graded RAP (Recycled Asphalt Products) with sufficient asphalt content, that is properly recycled will perform nearly identically to virgin asphalt.

Henry’s Asphalt Paving is located in Warren County, NJ and serves the tri-state NJ-PA-DE area.

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