Commercial Real Estate Market in Denville, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
27 active listings and 382 off-market properties in Denville, NJ. Commercial property asks $150/SF to buy and $33.55/SF/Yr to lease.
Market Trends
Denville, NJ spans 11.6 square miles in Morris County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Denville, NJ asks $200/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 Denville, NJ asks $325/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 Denville, 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 Denville, NJ runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Denville, NJ has 17,966 residents in 7,122 households. Density runs 1,547 people per square mile. Median household income here is $162,644 and median gross rent $1,707 a month.
17,966
Population
7,122
Households
2.5
Avg Household Size
45
Median Age
62%
College-Educated
97%
High-School Grad
11.6 sq mi
ZIP Area
1,547
Density / Sq Mi
$162,644
Median Household Income
$76,968
Median Earnings
$1,707
Median Rent
$552,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Tabor | — | — |
| Rockaway | — | — |
| Mountain Lakes | — | — |
| Parsippany | — | $20.76 |
Commercial property in Denville, NJ asks $150/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Denville?
Commercial property in Denville, NJ asks an average of $150 per square foot. The 5 most recent recorded sales traded at a median of $198/SF. Retail carries the highest asking price at $325/SF.
How much does it cost to lease commercial space in Denville?
Asking lease rates in Denville, NJ average $33.55 per square foot per year.
Where does Realmo's Denville market data come from?
Realmo compiles Denville, NJ figures from 6 recent recorded sales, 16 active sale listings, 11 active lease listings, 382 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 16 active for-sale and 11 active for-lease listings in Denville, 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
