Commercial Real Estate Market in Hoboken, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
56 active listings and 785 off-market properties in Hoboken, NJ. Commercial property asks $514/SF to buy (based on 5 listings) and $60.69/SF/Yr to lease.
Market Trends
Hoboken, NJ spans 1.2 square miles in Hudson County, New Jersey. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Hoboken, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Hudson County, retail space asks $305/SF to buy. Retail vacancy in Hoboken, NJ runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Hoboken, 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%.
Multifamily
Across Hudson County, multifamily space asks $284/SF to buy. Multifamily vacancy in Hoboken, NJ runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 40.4%
- Industrial 18.1%
- Commercial 10.6%
- Mixed use 7.7%
- Special 7.1%
- Civic 4.2%
Largest Zones share of zoned land by district
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Market overview
Demographics & Economy
Hoboken, NJ has 60,456 residents in 29,985 households. Density runs 48,392 people per square mile. Median household income here is $176,943 and median gross rent $2,819 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Jersey City | $317 | $30.00 |
| Union City | $350 | $28.24 |
| New York | $1,170 | $46.00 |
Commercial property in Hoboken, NJ asks $514/SF. The 3 bordering markets run from $317/SF in Jersey City to $1,170/SF in New York, and the city sits above their $350/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Hoboken?
How much does it cost to lease commercial space in Hoboken?
How does Hoboken compare to nearby markets on price?
Where does Realmo's Hoboken market data come from?
Methodology & data sources
- Asking prices and medians
- There are 21 active for-sale and 35 active for-lease listings in Hoboken, NJ. The medians are based on 5 of the for-sale and 10 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 962 zoned acres across 23 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
