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A new asphalt driveway costs $3 to $7 per square foot installed or $1,200 to $4,000 on. Jet-Black is the national leader in asphalt sealcoating, maintenance and repair. Sunken Asphalt Driveway Repair The cost of sunken asphalt driveway repair averages $500 to $3,000. Request an estimate Our Services Holland Paving offers a wide range of asphalt services. Whether your driveway is poured from asphalt or poured from concrete, you’ll need a qualified sealcoating company with the right combination of experience,. While the average cost of installing new asphalt driveways is around $3-$4 per square foot. Find the best Driveway Contractors near you on Yelp - see all Driveway Contractors open now. How much does asphalt repair cost near me? Asphalt repairs cost $2 to $5 per square foot or $250 to $800 on average for patching or filling potholes and cracks. 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