Commercial Real Estate Market in Lakewood, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
54 active listings and 855 off-market properties in Lakewood, NJ.
Market Trends
Lakewood, NJ spans 24.7 square miles in Ocean County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Lakewood, 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 Lakewood, 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 Lakewood, 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 Lakewood, 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
Lakewood, NJ has 135,256 residents in 33,539 households. Density runs 5,468 people per square mile. Median household income here is $62,811 and median gross rent $1,701 a month.
135,256
Population
33,539
Households
4
Avg Household Size
20
Median Age
33%
College-Educated
91%
High-School Grad
24.7 sq mi
ZIP Area
5,468
Density / Sq Mi
$62,811
Median Household Income
$34,970
Median Earnings
$1,701
Median Rent
$430,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bricktown | $403 (county avg) | $20.14 |
| Lakehurst | $403 (county avg) | — |
| Manchester Township | $403 (county avg) | $215.67 |
| Point Pleasant | $403 (county avg) | — |
Commercial property in Lakewood, NJ asks $403/SF. The 4 bordering markets run from $403/SF in Bricktown to $403/SF in Bricktown, 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 Lakewood?
Commercial property in Lakewood, NJ asks an average of $403 per square foot. The 4 most recent recorded sales traded at a median of $613/SF. Multifamily carries the highest asking price at $443/SF.
How does Lakewood compare to nearby markets on price?
Lakewood, NJ asks $403/SF against $403/SF in Bricktown, $403/SF in Lakehurst, $403/SF in Manchester Township and $403/SF in Point Pleasant.
Where does Realmo's Lakewood market data come from?
Realmo compiles Lakewood, NJ figures from 5 recent recorded sales, 45 active sale listings, 9 active lease listings, 855 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 45 active for-sale and 9 active for-lease listings in Lakewood, 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
