Commercial Real Estate Market in Lavallette, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
17 active listings and 97 off-market properties in Lavallette, NJ.
Market Trends
Lavallette, NJ spans 1.7 square miles in Ocean County, New Jersey. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Ocean County, office space asks $302/SF to buy. Office vacancy in Lavallette, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Ocean County, retail space asks $350/SF to buy. Retail vacancy in Lavallette, 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 Lavallette, 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 Ocean County, multifamily space asks $429/SF to buy. Multifamily vacancy in Lavallette, 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 86.1%
- Commercial 13.9%
Largest Zones share of zoned land by district
Lavallette, NJ zones 490 acres across 6 districts. Commercial zoning covers 13.9% of zoned land, residential 86.1%. The largest single district is Residential A District at 55.9%. For commercial buyers the practical constraint is that only 13.9% of land carries a commercial or industrial designation.
The intent is to promote residential uses
Market overview
Demographics & Economy
Lavallette, NJ has 3,064 residents in 7,244 households. Density runs 1,765 people per square mile. Median household income here is $85,265.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Toms River | $240 | $20.00 |
| Mantoloking | $402 (county avg) | — |
Commercial property in Lavallette, NJ asks $744/SF. The 2 bordering markets run from $240/SF in Toms River to $402/SF in Mantoloking (county figure), and the city sits above their $321/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Lavallette?
How does Lavallette compare to nearby markets on price?
What zoning applies to commercial property in Lavallette?
Where does Realmo's Lavallette market data come from?
Methodology & data sources
- Asking prices and medians
- There are 15 active for-sale and 2 active for-lease listings in Lavallette, NJ. The sale median is based on 13 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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: 490 zoned acres across 6 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
