Commercial Real Estate Market in Fairfield, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
48 active listings and 511 off-market properties in Fairfield, NJ. Commercial property asks $170/SF to buy and $18.25/SF/Yr to lease.
Market Trends
Fairfield, NJ spans 10.1 square miles in Essex County, New Jersey. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Fairfield, NJ asks $181/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 Fairfield, NJ asks $133/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 Fairfield, 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 Fairfield, NJ asks $264/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
- Open space 31.2%
- Residential 26.7%
- Industrial 20.7%
- Agricultural 11%
- Mixed use 1.8%
- Commercial 1%
Largest Zones share of zoned land by district
Public Open Space And Recreation
Residential
Light Industrial
Agricultural Conservation
Route 46 Special Highway
Fairfield, NJ zones 6,307 acres across 26 districts. Commercial zoning covers 1% of zoned land, residential 26.7%, open space 31.2% and industrial 20.7%. The largest single district is Public Open Space And Recreation at 31.2%. For commercial buyers the practical constraint is that only 21.7% of land carries a commercial or industrial designation.
Public Open Space And Recreation (OS/REC)
The purpose of this zone is to accommodate Public Open Space And Recreation
Market overview
Demographics & Economy
Fairfield, NJ has 7,872 residents in 3,054 households. Density runs 777 people per square mile. Median household income here is $113,750 and median gross rent $2,576 a month.
7,872
Population
3,054
Households
2.6
Avg Household Size
44
Median Age
51%
College-Educated
97%
High-School Grad
10.1 sq mi
ZIP Area
777
Density / Sq Mi
$113,750
Median Household Income
$73,322
Median Earnings
$2,576
Median Rent
$651,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lincoln Park | — | — |
| Wayne | — | $24.25 |
| Caldwell | — | — |
Commercial property in Fairfield, NJ asks $170/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Fairfield?
Commercial property in Fairfield, NJ asks an average of $170 per square foot. The 6 most recent recorded sales traded at a median of $706/SF. Multifamily carries the highest asking price at $264/SF.
How much does it cost to lease commercial space in Fairfield?
Asking lease rates in Fairfield, NJ average $18.25 per square foot per year.
What zoning applies to commercial property in Fairfield?
Fairfield, NJ zones 6,307 acres across 26 districts, of which 1% is commercial and 20.7% industrial. The largest single district is Public Open Space And Recreation at 31.2% of zoned land. The purpose of this zone is to accommodate Public Open Space And Recreation Residential zoning covers 26.7% and open space 31.2%.
Where does Realmo's Fairfield market data come from?
Realmo compiles Fairfield, NJ figures from 7 recent recorded sales, 8 active sale listings, 40 active lease listings, 511 tracked off-market properties, the current Fairfield zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 40 active for-lease listings in Fairfield, 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: 6,307 zoned acres across 26 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
