Commercial Real Estate Market in Allendale, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
5 active listings and 61 off-market properties in Allendale, NJ.
Market Trends
Allendale, NJ spans 3.1 square miles in Bergen County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Allendale, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Allendale, NJ runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Allendale, NJ runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Allendale, NJ asks $399/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 90.3%
- Industrial 5.6%
- Commercial 1.7%
Largest Zones share of zoned land by district
One Family Residential
One Family Residential
One Family Residential
Industrial And Multiple Dwelling
Industrial
Allendale, NJ zones 1,995 acres across 21 districts. Commercial zoning covers 1.7% of zoned land, residential 90.3% and industrial 5.6%. The largest single district is One Family Residential at 35.8%. For commercial buyers the practical constraint is that only 7.3% of land carries a commercial or industrial designation.
One Family Residential (A)
This zone district is designed for single family residential use
Market overview
Demographics & Economy
Allendale, NJ has 6,834 residents in 2,505 households. Density runs 2,211 people per square mile. Median household income here is $156,992 and median gross rent $2,648 a month.
6,834
Population
2,505
Households
2.7
Avg Household Size
45
Median Age
72%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
2,211
Density / Sq Mi
$156,992
Median Household Income
$108,638
Median Earnings
$2,648
Median Rent
$764,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ramsey | — | $28.75 |
| Saddle River | — | — |
| Upper Saddle River | — | — |
| Waldwick | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Allendale?
Allendale, NJ zones 1,995 acres across 21 districts, of which 1.7% is commercial and 5.6% industrial. The largest single district is One Family Residential at 35.8% of zoned land. Residential zoning covers 90.3% and open space 0%.
Where does Realmo's Allendale market data come from?
Realmo compiles Allendale, NJ figures from 7 recent recorded sales, 5 active lease listings, 61 tracked off-market properties, the current Allendale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 0 active for-sale and 5 active for-lease listings in Allendale, NJ. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 1,995 zoned acres across 21 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
