Commercial Real Estate Market in Closter, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
19 active listings and 169 off-market properties in Closter, NJ. Commercial property asks $2,526/SF to buy and $37.74/SF/Yr to lease.
Market Trends
Closter, NJ spans 3.2 square miles in Bergen County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Closter, 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 Closter, 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 Closter, 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 Closter, NJ asks $399/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 79.8%
- Open space 12%
- Commercial 5.3%
- Industrial 2.9%
Largest Zones share of zoned land by district
Residence Area A
Residence Area B
Conservation
Industrial Area Affordable Housing Overlay
Business Area
Closter, NJ zones 2,179 acres across 12 districts. Commercial zoning covers 5.3% of zoned land, residential 79.8%, open space 12% and industrial 2.9%. The largest single district is Residence Area A at 47.8%. For commercial buyers the practical constraint is that only 8.3% of land carries a commercial or industrial designation.
Residence Area B (DISTRICT-2)
The impact of the proposed change on the historic, architectural, and/or cultural significance of the landmark or landmark district; (2) The importance of the landmark or the building, structure, object, or site to the nation, state, region, or municipality, and the extent to which its historic or architectural interest would be adversely affected to the det…
Market overview
Demographics & Economy
Closter, NJ has 8,594 residents in 2,723 households. Density runs 2,719 people per square mile. Median household income here is $187,500 and median gross rent $2,651 a month.
8,594
Population
2,723
Households
3.2
Avg Household Size
43
Median Age
66%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
2,719
Density / Sq Mi
$187,500
Median Household Income
$71,462
Median Earnings
$2,651
Median Rent
$820,100
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Demarest | — | — |
| Haworth | — | — |
| Norwood | — | — |
| Harrington Park | — | — |
Commercial property in Closter, NJ asks $2,526/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Closter?
Commercial property in Closter, NJ asks an average of $2,526 per square foot. The 3 most recent recorded sales traded at a median of $200/SF, so asking sits 1166% above the achieved median. Multifamily carries the highest asking price at $399/SF.
How much does it cost to lease commercial space in Closter?
Asking lease rates in Closter, NJ average $37.74 per square foot per year.
What zoning applies to commercial property in Closter?
Closter, NJ zones 2,179 acres across 12 districts, of which 5.3% is commercial and 2.9% industrial. The largest single district is Residence Area A at 47.8% of zoned land. Residential zoning covers 79.8% and open space 12%.
Where does Realmo's Closter market data come from?
Realmo compiles Closter, NJ figures from 6 recent recorded sales, 8 active sale listings, 11 active lease listings, 169 tracked off-market properties, the current Closter zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 11 active for-lease listings in Closter, 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: 2,179 zoned acres across 12 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
