Commercial Real Estate Market in Island Heights, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 22 off-market properties in Island Heights, NJ.
Market Trends
Island Heights, NJ spans 0.5 square miles in Ocean County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Island Heights, NJ asks $360/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 Island Heights, NJ asks $422/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 Island Heights, 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 Island Heights, NJ asks $443/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
Island Heights, NJ has 1,471 residents in 829 households. Density runs 2,724 people per square mile. Median household income here is $107,837 and median gross rent $2,036 a month.
1,471
Population
829
Households
1.8
Avg Household Size
53
Median Age
54%
College-Educated
98%
High-School Grad
0.5 sq mi
ZIP Area
2,724
Density / Sq Mi
$107,837
Median Household Income
$61,611
Median Earnings
$2,036
Median Rent
$496,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Ocean Gate | $403 (county avg) | — |
| Pine Beach | $403 (county avg) | — |
| Berkeley Township | $403 (county avg) | $18.04 |
| Toms River | $403 (county avg) | $11.98 |
Commercial property in Island Heights, NJ asks $403/SF. The 4 bordering markets run from $403/SF in Ocean Gate to $403/SF in Ocean Gate, and the city sits in line with their $403/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Island Heights?
Commercial property in Island Heights, NJ asks an average of $403 per square foot. The 3 most recent recorded sales traded at a median of $255/SF, so asking sits 58% above the achieved median. Multifamily carries the highest asking price at $443/SF.
How does Island Heights compare to nearby markets on price?
Island Heights, NJ asks $403/SF against $403/SF in Ocean Gate, $403/SF in Pine Beach, $403/SF in Berkeley Township and $403/SF in Toms River.
Where does Realmo's Island Heights market data come from?
Realmo compiles Island Heights, NJ figures from 3 recent recorded sales, 2 active sale listings, 22 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 2 active for-sale and 0 active for-lease listings in Island Heights, 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
