Commercial Real Estate Market in Chatham Township, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
7 active listings and 10 off-market properties in Chatham Township, NJ. Commercial property asks $1,209/SF to buy and $31.20/SF/Yr to lease.
Market Trends
Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Chatham Township, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Chatham Township, NJ runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Chatham Township, 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 vacancy in Chatham Township, NJ runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Chatham | — | — |
| New Providence | — | — |
| Madison | — | — |
| Summit | — | $28.17 |
Commercial property in Chatham Township, NJ asks $1,209/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Chatham Township?
Commercial property in Chatham Township, NJ asks an average of $1,209 per square foot.
How much does it cost to lease commercial space in Chatham Township?
Asking lease rates in Chatham Township, NJ average $31.20 per square foot per year.
Where does Realmo's Chatham Township market data come from?
Realmo compiles Chatham Township, NJ figures from 6 active sale listings, 1 active lease listings, 10 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 1 active for-lease listings in Chatham Township, 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.
- 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
