Commercial Real Estate Market in Bloomfield, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
74 active listings and 729 off-market properties in Bloomfield, NJ. Commercial property asks $283/SF to buy and $7.85/SF/Yr to lease.
Market Trends
Bloomfield, NJ spans 5.3 square miles in Essex County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Bloomfield, NJ asks $181/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 Bloomfield, NJ asks $133/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 Bloomfield, 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 Bloomfield, NJ asks $235/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 57%
- Open space 17%
- Commercial 12.4%
- Civic 2.2%
- Industrial 2%
- Mixed use 1.2%
Largest Zones share of zoned land by district
Single Family
Public And Recreational
Single Family
Single Family
Garden Apartment
Bloomfield, NJ zones 2,588 acres across 24 districts. Commercial zoning covers 12.4% of zoned land, residential 57%, open space 17% and industrial 2%. The largest single district is Single Family at 26.3%. For commercial buyers the practical constraint is that only 14.4% of land carries a commercial or industrial designation.
Market overview
Demographics & Economy
Bloomfield, NJ has 52,955 residents in 21,692 households. Density runs 9,956 people per square mile. Median household income here is $98,805 and median gross rent $1,775 a month.
52,955
Population
21,692
Households
2.4
Avg Household Size
38
Median Age
49%
College-Educated
93%
High-School Grad
5.3 sq mi
ZIP Area
9,956
Density / Sq Mi
$98,805
Median Household Income
$56,465
Median Earnings
$1,775
Median Rent
$447,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glen Ridge | — | — |
| Nutley | — | $20.28 |
| Montclair | — | $155.16 |
| Belleville | — | $25.94 |
Commercial property in Bloomfield, NJ asks $283/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Bloomfield?
Commercial property in Bloomfield, NJ asks an average of $283 per square foot. Multifamily carries the highest asking price at $235/SF.
How much does it cost to lease commercial space in Bloomfield?
Asking lease rates in Bloomfield, NJ average $7.85 per square foot per year.
What zoning applies to commercial property in Bloomfield?
Bloomfield, NJ zones 2,588 acres across 24 districts, of which 12.4% is commercial and 2% industrial. The largest single district is Single Family at 26.3% of zoned land. Residential zoning covers 57% and open space 17%.
Where does Realmo's Bloomfield market data come from?
Realmo compiles Bloomfield, NJ figures from 7 recent recorded sales, 57 active sale listings, 17 active lease listings, 729 tracked off-market properties, the current Bloomfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 57 active for-sale and 17 active for-lease listings in Bloomfield, 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: 2,588 zoned acres across 24 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
