Commercial Real Estate Market in Dover, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
36 active listings and 819 off-market properties in Dover, NJ. Commercial property asks $237/SF to buy and $25.17/SF/Yr to lease (based on 3 listings).
Market Trends
Dover, NJ spans 36.0 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 Dover, 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 Dover, 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 Dover, 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 Dover, 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 69.8%
- Industrial 17.1%
- Civic 2.8%
- Commercial 2.5%
- Open space 0.8%
- Mixed use 0.8%
Largest Zones share of zoned land by district
Dover, NJ zones 1,748 acres across 20 districts. Commercial zoning covers 2.5% of zoned land, residential 69.8%, open space 0.8% and industrial 17.1%. The largest single district is Single Family at 29.2%. For commercial buyers the practical constraint is that only 19.6% of land carries a commercial or industrial designation.
R-1 and R-2 Single-Family Districts. A. Principal uses. Principal uses shall be as follows: (1) Single-family dwellings. (2) Parish houses and rectories. (3) One rooming unit in a single-family dwelling, rented or leased in that single-family dwelling by a senior citizen, as defined in N.J.S.A. 40:55D-68.5, who is the owner of the single-family dwelling whic…
Market overview
Demographics & Economy
Dover, NJ has 55,943 residents in 20,029 households. Density runs 1,556 people per square mile. Median household income here is $123,745 and median gross rent $1,768 a month.
Tools
Frequently Asked Questions
What is the median price per square foot for commercial property in Dover?
How much does it cost to lease commercial space in Dover?
What zoning applies to commercial property in Dover?
Where does Realmo's Dover market data come from?
Methodology & data sources
- Asking prices and medians
- There are 28 active for-sale and 8 active for-lease listings in Dover, NJ. The medians are based on 10 of the for-sale and 3 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: 1,748 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 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
