Commercial Real Estate Market in Cranbury, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
47 active listings and 401 off-market properties in Cranbury, NJ. Commercial property asks $168/SF to buy and $21.83/SF/Yr to lease.
Market Trends
Cranbury, NJ spans 22.8 square miles in Middlesex County, New Jersey. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Cranbury, NJ asks $91/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 Cranbury, NJ asks $179/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 Cranbury, 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 Cranbury, NJ asks $317/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
- Industrial 40.7%
- Agricultural 37.6%
- Residential 19.2%
- Commercial 2%
- Mixed use 0.5%
Largest Zones share of zoned land by district
Agricultural Preservation
Light Industrial
Light Impact Industrial
Residential Light Impact
Residential Low Density 1
Light Industrial (LI)
General Commercial (GC) District. § 150-22 Community Mixed-Use (C-M) District. § 150-22.1 Highway Mixed-Use (H-M) District. § 150-23 Industrial-Light Impact (I-LI) Zone. § 150-24 Research Office and Light Industrial (RO/LI) Zone. § 150-24.1 Light Industrial (LI) Zone. § 150-25 Residential - Mt. Laurel (R-ML) Zone. § 150-25.1 Residential - Mt. Laurel II (R-ML…
Market overview
Demographics & Economy
Cranbury, NJ has 12,897 residents in 5,237 households. Density runs 566 people per square mile. Median household income here is $115,255 and median gross rent $1,584 a month.
12,897
Population
5,237
Households
2.5
Avg Household Size
43
Median Age
55%
College-Educated
94%
High-School Grad
22.8 sq mi
ZIP Area
566
Density / Sq Mi
$115,255
Median Household Income
$65,587
Median Earnings
$1,584
Median Rent
$618,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East Windsor | $168 (county avg) | $21.83 |
| South Brunswick | $168 (county avg) | $11.91 |
Commercial property in Cranbury, NJ asks $168/SF. The 2 bordering markets run from $168/SF in East Windsor to $168/SF in East Windsor, and the city sits in line with their $168/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Cranbury?
Commercial property in Cranbury, NJ asks an average of $168 per square foot. The 3 most recent recorded sales traded at a median of $263/SF. Multifamily carries the highest asking price at $317/SF.
How much does it cost to lease commercial space in Cranbury?
Asking lease rates in Cranbury, NJ average $21.83 per square foot per year.
How does Cranbury compare to nearby markets on price?
Cranbury, NJ asks $168/SF against $168/SF in East Windsor and $168/SF in South Brunswick.
Where does Realmo's Cranbury market data come from?
Realmo compiles Cranbury, NJ figures from 6 recent recorded sales, 22 active sale listings, 25 active lease listings, 401 tracked off-market properties, the current Cranbury zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 25 active for-lease listings in Cranbury, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 8,610 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
