Commercial Real Estate Market in Forked River, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
45 active listings and 278 off-market properties in Forked River, NJ. Commercial property asks $395/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Forked River, NJ spans 78.1 square miles in Ocean County, New Jersey. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Forked River, NJ asks $320/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 Forked River, NJ asks $406/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 Forked River, 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 Forked River, NJ asks $406/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
Forked River, NJ has 20,953 residents in 9,663 households. Density runs 268 people per square mile. Median household income here is $93,267 and median gross rent $2,080 a month.
20,953
Population
9,663
Households
2.2
Avg Household Size
45
Median Age
32%
College-Educated
94%
High-School Grad
78.1 sq mi
ZIP Area
268
Density / Sq Mi
$93,267
Median Household Income
$45,345
Median Earnings
$2,080
Median Rent
$360,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Waretown | $395 (county avg) | — |
| Lacey Township | $395 (county avg) | — |
| Barnegat Township | $395 (county avg) | — |
| Berkeley Township | $395 (county avg) | $16.52 |
Commercial property in Forked River, NJ asks $395/SF. The 4 bordering markets run from $395/SF in Waretown to $395/SF in Waretown, and the city sits in line with their $395/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Forked River?
Commercial property in Forked River, NJ asks an average of $395 per square foot. The 4 most recent recorded sales traded at a median of $308/SF, so asking sits 28% above the achieved median. Multifamily carries the highest asking price at $406/SF.
How much does it cost to lease commercial space in Forked River?
Asking lease rates in Forked River, NJ average $18.00 per square foot per year.
How does Forked River compare to nearby markets on price?
Forked River, NJ asks $395/SF against $395/SF in Waretown, $395/SF in Lacey Township, $395/SF in Barnegat Township and $395/SF in Berkeley Township.
Where does Realmo's Forked River market data come from?
Realmo compiles Forked River, NJ figures from 7 recent recorded sales, 33 active sale listings, 12 active lease listings, 278 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 33 active for-sale and 12 active for-lease listings in Forked River, 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.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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 · report a data issue
