Commercial Real Estate Market in Hazlet, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
22 active listings and 344 off-market properties in Hazlet, NJ. Commercial property asks $358/SF to buy and $50.00/SF/Yr to lease.
Market Trends
Hazlet, NJ spans 5.2 square miles in Monmouth County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Hazlet, NJ asks $287/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 Hazlet, 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 Hazlet, 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 Hazlet, NJ asks $370/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
Hazlet, NJ has 17,263 residents in 6,713 households. Density runs 3,322 people per square mile. Median household income here is $122,276 and median gross rent $1,149 a month.
17,263
Population
6,713
Households
2.6
Avg Household Size
44
Median Age
32%
College-Educated
94%
High-School Grad
5.2 sq mi
ZIP Area
3,322
Density / Sq Mi
$122,276
Median Household Income
$62,017
Median Earnings
$1,149
Median Rent
$452,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Union Beach | $358 (county avg) | — |
| Keyport | $358 (county avg) | — |
| Keansburg | $358 (county avg) | $20.00 |
| Holmdel Village | $358 (county avg) | $29.45 |
Commercial property in Hazlet, NJ asks $358/SF. The 4 bordering markets run from $358/SF in Union Beach to $358/SF in Union Beach, and the city sits in line with their $358/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hazlet?
Commercial property in Hazlet, NJ asks an average of $358 per square foot. The 7 most recent recorded sales traded at a median of $210/SF, so asking sits 71% above the achieved median. Retail carries the highest asking price at $406/SF.
How much does it cost to lease commercial space in Hazlet?
Asking lease rates in Hazlet, NJ average $50.00 per square foot per year.
How does Hazlet compare to nearby markets on price?
Hazlet, NJ asks $358/SF against $358/SF in Union Beach, $358/SF in Keyport, $358/SF in Keansburg and $358/SF in Holmdel Village.
Where does Realmo's Hazlet market data come from?
Realmo compiles Hazlet, NJ figures from 8 recent recorded sales, 10 active sale listings, 12 active lease listings, 344 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 10 active for-sale and 12 active for-lease listings in Hazlet, 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 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
