Commercial Real Estate Market in Avenel, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 278 off-market properties in Avenel, NJ. Commercial property asks $171/SF to buy and $17.50/SF/Yr to lease.
Market Trends
Avenel, NJ spans 3.7 square miles in Middlesex County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Avenel, NJ asks $109/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Avenel, NJ asks $136/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Avenel, 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 Avenel, NJ asks $307/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
Market overview
Demographics & Economy
Avenel, NJ has 16,920 residents in 5,693 households. Density runs 4,532 people per square mile. Median household income here is $95,935 and median gross rent $1,839 a month.
16,920
Population
5,693
Households
3
Avg Household Size
36
Median Age
29%
College-Educated
88%
High-School Grad
3.7 sq mi
ZIP Area
4,532
Density / Sq Mi
$95,935
Median Household Income
$50,740
Median Earnings
$1,839
Median Rent
$351,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Port Reading | $171 (county avg) | — |
| Colonia | $171 (county avg) | — |
| Woodbridge | $171 (county avg) | $19.41 |
| Sewaren | $171 (county avg) | — |
Commercial property in Avenel, NJ asks $171/SF. The 4 bordering markets run from $171/SF in Port Reading to $171/SF in Port Reading, and the city sits in line with their $171/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Avenel?
Commercial property in Avenel, NJ asks an average of $171 per square foot. The 4 most recent recorded sales traded at a median of $323/SF. Multifamily carries the highest asking price at $307/SF.
How much does it cost to lease commercial space in Avenel?
Asking lease rates in Avenel, NJ average $17.50 per square foot per year.
How does Avenel compare to nearby markets on price?
Avenel, NJ asks $171/SF against $171/SF in Port Reading, $171/SF in Colonia, $171/SF in Woodbridge and $171/SF in Sewaren.
Where does Realmo's Avenel market data come from?
Realmo compiles Avenel, NJ figures from 6 recent recorded sales, 24 active sale listings, 11 active lease listings, 278 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 24 active for-sale and 11 active for-lease listings in Avenel, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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.
- 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
