Commercial Real Estate Market in Hackensack, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
97 active listings and 1,221 off-market properties in Hackensack, NJ. Commercial property asks $271/SF to buy and $31.14/SF/Yr to lease.
Market Trends
Hackensack, NJ spans 4.2 square miles in Bergen County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hackensack, 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 Hackensack, 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 Hackensack, 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 Hackensack, NJ asks $399/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
- Civic 73.6%
- Commercial 20.2%
- Industrial 5.6%
Largest Zones share of zoned land by district
One Family Residential
General Business
One And Two Family Residential
Medium Density Multifamily Residential And Offices
Neighborhood Business
One Family Residential (R50)
The intent and purpose of the R50 zone is to focus Single-family detached dwellings, Public schools, parochial schools, and vocational schools
Market overview
Demographics & Economy
Hackensack, NJ has 46,030 residents in 21,405 households. Density runs 10,965 people per square mile. Median household income here is $82,212 and median gross rent $1,794 a month.
46,030
Population
21,405
Households
2.2
Avg Household Size
40
Median Age
42%
College-Educated
87%
High-School Grad
4.2 sq mi
ZIP Area
10,965
Density / Sq Mi
$82,212
Median Household Income
$50,265
Median Earnings
$1,794
Median Rent
$370,300
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bogota | — | — |
| Maywood | — | — |
| Teaneck | — | $32.33 |
| South Hackensack | — | — |
Commercial property in Hackensack, NJ asks $271/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hackensack?
Commercial property in Hackensack, NJ asks an average of $271 per square foot. The 6 most recent recorded sales traded at a median of $662/SF. Multifamily carries the highest asking price at $399/SF.
How much does it cost to lease commercial space in Hackensack?
Asking lease rates in Hackensack, NJ average $31.14 per square foot per year.
Where does Realmo's Hackensack market data come from?
Realmo compiles Hackensack, NJ figures from 7 recent recorded sales, 52 active sale listings, 45 active lease listings, 1,221 tracked off-market properties, the current Hackensack zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 52 active for-sale and 45 active for-lease listings in Hackensack, 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: 2,786 zoned acres across 19 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 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
