Commercial Real Estate Market in Hillside, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
32 active listings and 402 off-market properties in Hillside, NJ.
Market Trends
Hillside, NJ spans 2.8 square miles in Union County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Hillside, NJ asks $283/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 Hillside, NJ asks $403/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 Hillside, 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 Hillside, NJ asks $288/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 53%
- Industrial 19.6%
- Commercial 11.7%
- Open space 3.8%
Largest Zones share of zoned land by district
Residential 1 Family
Heavy Industrial
Public Lands
Residential 2 Family
Residential 1 Family
Hillside, NJ zones 1,774 acres across 12 districts. Commercial zoning covers 11.7% of zoned land, residential 53%, open space 3.8% and industrial 19.6%. The largest single district is Residential 1 Family at 30.2%. For commercial buyers the practical constraint is that only 31.2% of land carries a commercial or industrial designation.
Residential 1 Family (R40)
The purpose of this district is to promote single family dwellings
Market overview
Demographics & Economy
Hillside, NJ has 22,432 residents in 7,550 households. Density runs 8,111 people per square mile. Median household income here is $98,558 and median gross rent $1,712 a month.
22,432
Population
7,550
Households
3
Avg Household Size
39
Median Age
29%
College-Educated
87%
High-School Grad
2.8 sq mi
ZIP Area
8,111
Density / Sq Mi
$98,558
Median Household Income
$47,633
Median Earnings
$1,712
Median Rent
$363,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Industrial Hillside | — | — |
| Union | — | $20.10 |
| Irvington | — | — |
| Roselle Park | — | — |
Commercial property in Hillside, NJ asks $186/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Hillside?
Commercial property in Hillside, NJ asks an average of $186 per square foot. The 7 most recent recorded sales traded at a median of $194/SF. Retail carries the highest asking price at $403/SF.
What zoning applies to commercial property in Hillside?
Hillside, NJ zones 1,774 acres across 12 districts, of which 11.7% is commercial and 19.6% industrial. The largest single district is Residential 1 Family at 30.2% of zoned land. The purpose of this district is to promote single family dwellings Residential zoning covers 53% and open space 3.8%.
Where does Realmo's Hillside market data come from?
Realmo compiles Hillside, NJ figures from 8 recent recorded sales, 29 active sale listings, 3 active lease listings, 402 tracked off-market properties, the current Hillside zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 29 active for-sale and 3 active for-lease listings in Hillside, 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: 1,774 zoned acres across 12 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
