Commercial Real Estate Market in Lafayette, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 96 off-market properties in Lafayette, NJ.
Market Trends
Lafayette, NJ spans 22.9 square miles in Sussex County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lafayette, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Lafayette, NJ asks $143/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 Lafayette, 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 Lafayette, NJ asks $275/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 81.5%
- Industrial 7.5%
- Commercial 3.2%
Largest Zones share of zoned land by district
Residential
Residential
Residential
Light Industrial
Public
Lafayette, NJ zones 11,398 acres across 12 districts. Commercial zoning covers 3.2% of zoned land, residential 81.5% and industrial 7.5%. The largest single district is Residential at 50.3%. For commercial buyers the practical constraint is that only 10.7% of land carries a commercial or industrial designation.
Residential (R-5.0)
Cannabis Growing, Production and Manufacturing, in the R-5.0 Zone only. Minimum lot size: 15 acres. Access and Setback: Access shall be provided via a driveway located on a County or State road, with all growing, production and/or manufacturing structures setback a minimum of 400 feet from the road. Visibility: No structure shall be visible from any State or…
Market overview
Demographics & Economy
Lafayette, NJ has 4,818 residents in 1,694 households. Density runs 210 people per square mile. Median household income here is $116,042 and median gross rent $1,438 a month.
4,818
Population
1,694
Households
2.8
Avg Household Size
52
Median Age
38%
College-Educated
93%
High-School Grad
22.9 sq mi
ZIP Area
210
Density / Sq Mi
$116,042
Median Household Income
$65,511
Median Earnings
$1,438
Median Rent
$412,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Augusta | — | — |
| Branchville | — | — |
| Ogdensburg | — | — |
| Franklin | — | — |
Frequently Asked Questions
How much does it cost to lease commercial space in Lafayette?
Asking lease rates in Lafayette, NJ average $6.80 per square foot per year.
What zoning applies to commercial property in Lafayette?
Lafayette, NJ zones 11,398 acres across 12 districts, of which 3.2% is commercial and 7.5% industrial. The largest single district is Residential at 50.3% of zoned land. Cannabis Growing, Production and Manufacturing, in the R-5.0 Zone only. Minimum lot size: 15 acres. Access and Setback: Access shall be provided via a driveway located on a County or State road, with all growing, production and/or manufacturing structures setback a minimum of 400 feet from the road. Visibility: No structure shall be visible from any State or… Residential zoning covers 81.5% and open space 0%.
Where does Realmo's Lafayette market data come from?
Realmo compiles Lafayette, NJ figures from 3 recent recorded sales, 8 active sale listings, 1 active lease listings, 96 tracked off-market properties, the current Lafayette zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 1 active for-lease listings in Lafayette, 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: 11,398 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
