Commercial Real Estate Market in Glen Ridge, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 22 off-market properties in Glen Ridge, NJ. Commercial property asks $128/SF to buy and $25.00/SF/Yr to lease.
Market Trends
Glen Ridge, NJ spans 1.3 square miles in Essex County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Glen Ridge, 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 Glen Ridge, 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 Glen Ridge, 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 Glen Ridge, NJ asks $235/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
Glen Ridge, NJ has 8,094 residents in 2,629 households. Density runs 6,185 people per square mile. Median household income here is $246,500 and median gross rent $2,395 a month.
8,094
Population
2,629
Households
3.1
Avg Household Size
40
Median Age
83%
College-Educated
100%
High-School Grad
1.3 sq mi
ZIP Area
6,185
Density / Sq Mi
$246,500
Median Household Income
$99,845
Median Earnings
$2,395
Median Rent
$725,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bloomfield | — | $7.85 |
| Montclair | — | $155.16 |
| West Orange | — | $23.79 |
| Verona | — | — |
Commercial property in Glen Ridge, NJ asks $128/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Glen Ridge?
Commercial property in Glen Ridge, NJ asks an average of $128 per square foot. Multifamily carries the highest asking price at $235/SF.
How much does it cost to lease commercial space in Glen Ridge?
Asking lease rates in Glen Ridge, NJ average $25.00 per square foot per year.
Where does Realmo's Glen Ridge market data come from?
Realmo compiles Glen Ridge, NJ figures from 3 active sale listings, 3 active lease listings, 22 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 3 active for-sale and 3 active for-lease listings in Glen Ridge, 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
