Commercial Real Estate Market in Hillsdale, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 110 off-market properties in Hillsdale, NJ. Commercial property asks $761/SF to buy and $18.50/SF/Yr to lease.
Market Trends
Hillsdale, NJ spans 2.9 square miles in Bergen County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Hillsdale, 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 Hillsdale, 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 Hillsdale, 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 Hillsdale, 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
- Residential 92.4%
- Civic 4.5%
- Industrial 1.8%
- Open space 0.6%
- Mixed use 0.2%
Largest Zones share of zoned land by district
Residential 15000 Square Feet
Residential 10000 Square Feet
Residential 7500 Square Feet
Residential 22500 Square Feet
Commercial
Hillsdale, NJ zones 1,888 acres across 11 districts. The largest single district is Residential 15000 Square Feet at 37.6%. For commercial buyers the practical constraint is that only 1.8% of land carries a commercial or industrial designation.
Residential 7500 Square Feet (R-4)
No. 18-13 ; 12-14-2021 by Ord. No. 21-17 ; 2-3-2026 by Ord. No. 26-04 ] For the purpose of this Part 4 , the Borough of Hillsdale is divided into the following districts: R-1 Residential R-2 Residential R-3 Residential R-4 Residential REC Recreational C Commercial I Industrial SC Senior Citizen Housing T/C Townhouse Complex T/C-2 Townhouse Complex 2 MU-1 Mix…
Market overview
Demographics & Economy
Hillsdale, NJ has 10,143 residents in 3,479 households. Density runs 3,496 people per square mile. Median household income here is $169,862 and median gross rent $1,720 a month.
10,143
Population
3,479
Households
2.9
Avg Household Size
44
Median Age
62%
College-Educated
96%
High-School Grad
2.9 sq mi
ZIP Area
3,496
Density / Sq Mi
$169,862
Median Household Income
$69,250
Median Earnings
$1,720
Median Rent
$656,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Westwood | — | $23.12 |
| Washington Township | — | — |
| Township of Washington | — | — |
| River Vale | — | — |
Commercial property in Hillsdale, NJ asks $761/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hillsdale?
Commercial property in Hillsdale, NJ asks an average of $761 per square foot. The 3 most recent recorded sales traded at a median of $167/SF, so asking sits 357% above the achieved median. Multifamily carries the highest asking price at $399/SF.
How much does it cost to lease commercial space in Hillsdale?
Asking lease rates in Hillsdale, NJ average $18.50 per square foot per year.
What zoning applies to commercial property in Hillsdale?
Hillsdale, NJ zones 1,888 acres across 11 districts, of which 0% is commercial and 1.8% industrial. The largest single district is Residential 15000 Square Feet at 37.6% of zoned land. Residential zoning covers 92.4% and open space 0.6%.
Where does Realmo's Hillsdale market data come from?
Realmo compiles Hillsdale, NJ figures from 5 recent recorded sales, 5 active sale listings, 1 active lease listings, 110 tracked off-market properties, the current Hillsdale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 5 active for-sale and 1 active for-lease listings in Hillsdale, 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: 1,888 zoned acres across 11 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, 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
