The average cost to pave an asphalt parking lot in South Jersey varies from market to market and is contingent on several factors listed below. The average cost in the South Jersey Market for a 50,000 sq ft parking lot ranges in price from $1.25 - $1.50 per square foot for a 1 ½" – 2" compacted overlay.
Residential Pricing for Asphalt Paving. Beiler Brothers Asphalt wants to give you information regarding pricing on paving projects. On this page we try to help you understand asphalt pricing, why mix prices vary, and how to choose the mix that fits for you.
The area that 1 ton of asphalt covers depends on the thickness of the asphalt to be used; for a half-inch thick section of asphalt, 1 ton will cover approximately 316 square feet, while 1 ton of asphalt will cover 79 square feet when laid several inches thick.
Some asphalt contractors may charge by the ton, with the cost ranging from $100 to $150 per ton. Reibling, meanwhile, has a minimum charge of $2,800 for smaller driveway because the same amount of equipment needs to be brought to the job, regardless of its size.
Asphalt Millings. Asphalt millings are an environmentally friendly and economical alternative to traditional paving using hot asphalt. Commonly referred to as crushed asphalt or recycled asphalt, millings have many different uses and provide a long lasting solution for customers on a budget.
Comprised of Gernatt Asphalt Products; Dan Gernatt Gravel Products, Inc; and Country Side Sand and Gravel, Inc., our companies provide sand, gravel, asphalt, top soil, landscape stone and many more products to Buffalo and the entire Western New York area.
Typically, the cost to apply asphalt to a parking lot is less expensive than a driveway because the greater surface leads to a price reduction per square foot. A typical 50,000-square-foot parking lot in the Mid-Atlantic market, for example, costs $1.25-$1.50 per square foot for 1.5-2 inches of overlay.