Commercial Real Estate Market in Florence, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 102 off-market properties in Florence, NJ.
Market Trends
Florence, NJ spans 1.9 square miles in Burlington County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Florence, 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 Florence, 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 Florence, 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 Florence, NJ runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Florence, NJ has 5,943 residents in 2,165 households. Density runs 3,097 people per square mile. Median household income here is $102,321 and median gross rent $1,253 a month.
5,943
Population
2,165
Households
2.7
Avg Household Size
42
Median Age
24%
College-Educated
88%
High-School Grad
1.9 sq mi
ZIP Area
3,097
Density / Sq Mi
$102,321
Median Household Income
$45,337
Median Earnings
$1,253
Median Rent
$287,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Roebling | — | — |
| Edgely | — | — |
| Tullytown | — | — |
| Bristol | — | $17.18 |
Commercial property in Florence, NJ asks $282/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Florence?
Commercial property in Florence, NJ asks an average of $282 per square foot. The 7 most recent recorded sales traded at a median of $101/SF, so asking sits 180% above the achieved median.
Where does Realmo's Florence market data come from?
Realmo compiles Florence, NJ figures from 7 recent recorded sales, 7 active sale listings, 1 active lease listings, 102 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 7 active for-sale and 1 active for-lease listings in Florence, 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
