Commercial Real Estate Market in Bernardsville, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
22 active listings and 176 off-market properties in Bernardsville, NJ. Commercial property asks $355/SF to buy (based on 4 listings) and $23.20/SF/Yr to lease (based on 3 listings).
Market Trends
Bernardsville, NJ spans 12.0 square miles in Somerset County, New Jersey. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Bernardsville, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Somerset County, retail space asks $71/SF to buy. Retail vacancy in Bernardsville, NJ runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Bernardsville, 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%.
Multifamily
Across Somerset County, multifamily space asks $235/SF to buy. Multifamily vacancy in Bernardsville, NJ runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Civic 98.7%
- Industrial 0.9%
- Residential 0.3%
Largest Zones share of zoned land by district
R-1-10 RESIDENCE DISTRICT. § LD-12-22.1 Primary Intended Uses. § LD-12-22.2 Prohibited Uses. § LD-12-22.3 Required Conditions. § LD-12-22.4 Nonconforming Lots. § LD-12-23 SUPPLEMENTARY REGULATIONS AND GENERAL PROVISIONS.
Market overview
Demographics & Economy
Bernardsville, NJ has 7,650 residents in 2,683 households. Density runs 639 people per square mile. Median household income here is $230,752 and median gross rent $2,155 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Bernardsville?
How much does it cost to lease commercial space in Bernardsville?
Where does Realmo's Bernardsville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 14 active for-sale and 8 active for-lease listings in Bernardsville, NJ. The medians are based on 4 of the for-sale and 3 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 8,274 zoned acres across 20 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
