Commercial Real Estate Market in Flanders, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
21 active listings and 279 off-market properties in Flanders, NJ. Commercial property asks $30/SF to buy and $22.98/SF/Yr to lease.
Market Trends
Flanders, NJ spans 14.5 square miles in Morris County, New Jersey. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Flanders, 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 Flanders, 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 Flanders, 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 Flanders, NJ runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Flanders, NJ has 12,740 residents in 4,777 households. Density runs 880 people per square mile. Median household income here is $154,743 and median gross rent $1,872 a month.
12,740
Population
4,777
Households
2.7
Avg Household Size
41
Median Age
51%
College-Educated
95%
High-School Grad
14.5 sq mi
ZIP Area
880
Density / Sq Mi
$154,743
Median Household Income
$76,453
Median Earnings
$1,872
Median Rent
$517,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Netcong | — | — |
| Mount Olive | — | — |
| Stanhope | — | — |
Commercial property in Flanders, NJ asks $30/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Flanders?
Commercial property in Flanders, NJ asks an average of $30 per square foot. The 3 most recent recorded sales traded at a median of $460/SF. Retail carries the highest asking price at $325/SF.
How much does it cost to lease commercial space in Flanders?
Asking lease rates in Flanders, NJ average $22.98 per square foot per year.
Where does Realmo's Flanders market data come from?
Realmo compiles Flanders, NJ figures from 3 recent recorded sales, 9 active sale listings, 12 active lease listings, 279 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 9 active for-sale and 12 active for-lease listings in Flanders, 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 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
