Commercial Real Estate Market in Elmwood Park, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
36 active listings and 279 off-market properties in Elmwood Park, NJ.
Market Trends
Elmwood Park, NJ spans 2.6 square miles in Bergen County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Elmwood Park, 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 Elmwood Park, 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 Elmwood Park, 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 Elmwood Park, 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
Market overview
Demographics & Economy
Elmwood Park, NJ has 21,422 residents in 7,561 households. Density runs 8,105 people per square mile. Median household income here is $100,852 and median gross rent $2,025 a month.
21,422
Population
7,561
Households
2.8
Avg Household Size
41
Median Age
36%
College-Educated
91%
High-School Grad
2.6 sq mi
ZIP Area
8,105
Density / Sq Mi
$100,852
Median Household Income
$51,764
Median Earnings
$2,025
Median Rent
$456,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Saddle Brook | — | — |
| Garfield | — | — |
| Outwater | — | — |
| Clifton | — | $20.35 |
Commercial property in Elmwood Park, NJ asks $390/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Elmwood Park?
Commercial property in Elmwood Park, NJ asks an average of $390 per square foot. The 6 most recent recorded sales traded at a median of $278/SF, so asking sits 40% above the achieved median. Multifamily carries the highest asking price at $399/SF.
Where does Realmo's Elmwood Park market data come from?
Realmo compiles Elmwood Park, NJ figures from 8 recent recorded sales, 20 active sale listings, 16 active lease listings, 279 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 20 active for-sale and 16 active for-lease listings in Elmwood Park, 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
