Commercial Real Estate Market in Belvidere, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
23 active listings and 148 off-market properties in Belvidere, NJ. Commercial property asks $5,779/SF to buy and $16.37/SF/Yr to lease.
Market Trends
Belvidere, NJ spans 25.1 square miles in Warren County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Belvidere, 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 Belvidere, NJ asks $146/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 Belvidere, 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 Belvidere, NJ asks $228/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 33.6%
- Industrial 32.7%
- Civic 15.1%
- Open space 9.4%
- Mixed use 5.5%
- Commercial 3.7%
Largest Zones share of zoned land by district
Single Family Residential
Light Manufacturing
Single Family Residential
Open Space Recreation
Business Retail
Belvidere, NJ zones 945 acres across 10 districts. Commercial zoning covers 3.7% of zoned land, residential 33.6%, open space 9.4% and industrial 32.7%. The largest single district is Single Family Residential at 33.2%. For commercial buyers the practical constraint is that only 36.4% of land carries a commercial or industrial designation.
Single Family Residential (R-75)
Elder cottage housing opportunity (ECHO) units shall be permitted as a conditional use as accessory structures and uses in the R-100 and R-75 Residential Zone Districts, provided that the following shall apply: A. Each ECHO unit shall consist of a single-dwelling unit not to exceed 750 square feet in interior area, on a single level, constructed so as to be…
Market overview
Demographics & Economy
Belvidere, NJ has 7,102 residents in 3,643 households. Density runs 283 people per square mile. Median household income here is $84,381 and median gross rent $948 a month.
7,102
Population
3,643
Households
1.9
Avg Household Size
53
Median Age
24%
College-Educated
94%
High-School Grad
25.1 sq mi
ZIP Area
283
Density / Sq Mi
$84,381
Median Household Income
$42,805
Median Earnings
$948
Median Rent
$314,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Buttzville | — | — |
| Oxford | — | — |
| Delaware | — | — |
| Mount Bethel | — | — |
Commercial property in Belvidere, NJ asks $5,779/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Belvidere?
Commercial property in Belvidere, NJ asks an average of $5,779 per square foot. The 5 most recent recorded sales traded at a median of $81/SF, so asking sits 7051% above the achieved median. Multifamily carries the highest asking price at $228/SF.
How much does it cost to lease commercial space in Belvidere?
Asking lease rates in Belvidere, NJ average $16.37 per square foot per year.
What zoning applies to commercial property in Belvidere?
Belvidere, NJ zones 945 acres across 10 districts, of which 3.7% is commercial and 32.7% industrial. The largest single district is Single Family Residential at 33.2% of zoned land. Elder cottage housing opportunity (ECHO) units shall be permitted as a conditional use as accessory structures and uses in the R-100 and R-75 Residential Zone Districts, provided that the following shall apply: A. Each ECHO unit shall consist of a single-dwelling unit not to exceed 750 square feet in interior area, on a single level, constructed so as to be… Residential zoning covers 33.6% and open space 9.4%.
Where does Realmo's Belvidere market data come from?
Realmo compiles Belvidere, NJ figures from 6 recent recorded sales, 16 active sale listings, 7 active lease listings, 148 tracked off-market properties, the current Belvidere zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 16 active for-sale and 7 active for-lease listings in Belvidere, 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: 945 zoned acres across 10 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
