Commercial Real Estate Market in Bayonne, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
119 active listings and 1,199 off-market properties in Bayonne, NJ. Commercial property asks $420/SF to buy and $19.68/SF/Yr to lease.
Market Trends
Bayonne, NJ spans 5.8 square miles in Hudson County, New Jersey. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Bayonne, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Bayonne, NJ asks $305/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 Bayonne, 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 Bayonne, NJ asks $289/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
- Civic 34.9%
- Industrial 31.2%
- Commercial 12%
- Mixed use 5.8%
- Residential 2.8%
- Planned_development 1.4%
Largest Zones share of zoned land by district
Detached Attached Residential
Heavy Industrial
Bayonne Metropolitan Harbor District
Highway Commercial Selected Light Industrial
Light Industrial B
Detached Attached Residential (R-2)
R-2 Detached/Attached Residential District. [ Ord. No. O-01-19 § 7 [33-5.3]; Ord. No. O-07-22 § 1; Ord. No. O-11-18 ] a. Permitted Use. 1. Detached single-family dwellings. 2. Detached two-family dwellings. 3. (Reserved) 4. (Reserved) 5. Home occupations. 6. Family day care homes. 7. Essential services. b. Required Accessory Uses. 1. Off-street parking subje…
Market overview
Demographics & Economy
Bayonne, NJ has 71,686 residents in 30,161 households. Density runs 12,311 people per square mile. Median household income here is $81,285 and median gross rent $1,593 a month.
71,686
Population
30,161
Households
2.4
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
5.8 sq mi
ZIP Area
12,311
Density / Sq Mi
$81,285
Median Household Income
$51,157
Median Earnings
$1,593
Median Rent
$446,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Staten Island | $468 (county avg) | $29.59 |
| Elizabeth | — | $17.72 |
| Kearny | — | $27.21 |
| Newark | — | $18.24 |
Commercial property in Bayonne, NJ asks $420/SF. That compares with $468/SF in Staten Island.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bayonne?
Commercial property in Bayonne, NJ asks an average of $420 per square foot. Retail carries the highest asking price at $305/SF.
How much does it cost to lease commercial space in Bayonne?
Asking lease rates in Bayonne, NJ average $19.68 per square foot per year.
How does Bayonne compare to nearby markets on price?
Bayonne, NJ asks $420/SF against $468/SF in Staten Island.
Where does Realmo's Bayonne market data come from?
Realmo compiles Bayonne, NJ figures from 3 recent recorded sales, 85 active sale listings, 34 active lease listings, 1,199 tracked off-market properties, the current Bayonne zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 85 active for-sale and 34 active for-lease listings in Bayonne, 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: 3,669 zoned acres across 18 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 30 September 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 30 September 2026 · report a data issue
