Commercial Real Estate Market in Boonton, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
42 active listings and 287 off-market properties in Boonton, NJ. Commercial property asks $282/SF to buy (based on 8 listings) and $24.00/SF/Yr to lease (based on 7 listings).
Market Trends
Boonton, NJ spans 18.3 square miles in Morris County, New Jersey. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Morris County, office space asks $200/SF to buy. Office vacancy in Boonton, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Morris County, retail space asks $325/SF to buy. Retail vacancy in Boonton, 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 Boonton, 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 Morris County, multifamily space asks $288/SF to buy. Multifamily vacancy in Boonton, 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
- Residential 80.6%
- Industrial 11.4%
- Commercial 5.1%
- Civic 2.2%
- Mixed use 0.8%
Largest Zones share of zoned land by district
Boonton, NJ zones 1,587 acres across 19 districts. Commercial zoning covers 5.1% of zoned land, residential 80.6% and industrial 11.4%. The largest single district is Single Family Residential 12500 Square Feet at 33.8%. For commercial buyers the practical constraint is that only 16.4% of land carries a commercial or industrial designation.
The purpose of this zone is to encourage the establishment and preservation of residential neighborhoods with a low density of single-family buildings on medium to large-sized lots. It is also intended to preserve undeveloped land for similar residential development
Market overview
Demographics & Economy
Boonton, NJ has 15,985 residents in 6,115 households. Density runs 873 people per square mile. Median household income here is $126,411 and median gross rent $1,779 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Boonton?
How much does it cost to lease commercial space in Boonton?
What zoning applies to commercial property in Boonton?
Where does Realmo's Boonton market data come from?
Methodology & data sources
- Asking prices and medians
- There are 24 active for-sale and 18 active for-lease listings in Boonton, NJ. The medians are based on 8 of the for-sale and 7 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: 1,587 zoned acres across 19 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
