Commercial Real Estate Market in Keyport, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
44 active listings and 310 off-market properties in Keyport, NJ. Commercial property asks $358/SF to buy and $23.50/SF/Yr to lease.
Market Trends
Keyport, NJ spans 4.9 square miles in Monmouth County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Keyport, 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 Keyport, 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 Keyport, 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 Keyport, 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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 60.7%
- Commercial 23.8%
- Industrial 7%
Largest Zones share of zoned land by district
Residential District A
Highway Commercial
Industrial
Residential District C
Aeromarine Redevelopment
Keyport, NJ zones 955 acres across 12 districts. Commercial zoning covers 23.8% of zoned land, residential 60.7% and industrial 7%. The largest single district is Residential District A at 54.5%. For commercial buyers the practical constraint is that only 30.8% of land carries a commercial or industrial designation.
Residential District A (RA)
RESIDENTIAL DISTRICT (RA). [Amended 12-18-2018 by Ord. No. 28-18 ] Purpose. The predominant housing type in Keyport has been the one-family house. The purpose of this section is to preserve and continue this low- to moderate-density land use characteristic and those existing single-family residences as the preferred residential land use throughout the Boroug…
Market overview
Demographics & Economy
Keyport, NJ has 18,652 residents in 8,411 households. Density runs 3,842 people per square mile. Median household income here is $98,760 and median gross rent $1,520 a month.
18,652
Population
8,411
Households
2.2
Avg Household Size
42
Median Age
33%
College-Educated
92%
High-School Grad
4.9 sq mi
ZIP Area
3,842
Density / Sq Mi
$98,760
Median Household Income
$57,988
Median Earnings
$1,520
Median Rent
$384,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hazlet | $358 (county avg) | — |
| Union Beach | $358 (county avg) | — |
| Matawan | $358 (county avg) | $17.79 |
| Cliffwood | $358 (county avg) | — |
Commercial property in Keyport, NJ asks $358/SF. The 4 bordering markets run from $358/SF in Hazlet to $358/SF in Hazlet, 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 Keyport?
Commercial property in Keyport, NJ asks an average of $358 per square foot. The 4 most recent recorded sales traded at a median of $313/SF, so asking sits 15% above the achieved median. Retail carries the highest asking price at $406/SF.
How much does it cost to lease commercial space in Keyport?
Asking lease rates in Keyport, NJ average $23.50 per square foot per year.
How does Keyport compare to nearby markets on price?
Keyport, NJ asks $358/SF against $358/SF in Hazlet, $358/SF in Union Beach, $358/SF in Matawan and $358/SF in Cliffwood.
What zoning applies to commercial property in Keyport?
Keyport, NJ zones 955 acres across 12 districts, of which 23.8% is commercial and 7% industrial. The largest single district is Residential District A at 54.5% of zoned land. RESIDENTIAL DISTRICT (RA). [Amended 12-18-2018 by Ord. No. 28-18 ] Purpose. The predominant housing type in Keyport has been the one-family house. The purpose of this section is to preserve and continue this low- to moderate-density land use characteristic and those existing single-family residences as the preferred residential land use throughout the Boroug… Residential zoning covers 60.7% and open space 0%.
Where does Realmo's Keyport market data come from?
Realmo compiles Keyport, NJ figures from 4 recent recorded sales, 33 active sale listings, 11 active lease listings, 310 tracked off-market properties, the current Keyport zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 33 active for-sale and 11 active for-lease listings in Keyport, 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.
- Zoning and land use
- The current municipal zoning release: 955 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
