Commercial Real Estate Market in Lavallette, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
9 active listings and 97 off-market properties in Lavallette, NJ. Commercial property asks $403/SF to buy and $26.02/SF/Yr to lease.
Market Trends
Lavallette, NJ spans 1.7 square miles in Ocean County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Lavallette, 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 Lavallette, 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 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%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Lavallette, 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
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
Residential A District
Residential B District
Business District
Residential C District
Residential D 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.
Residential A District (RA)
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.
3,064
Population
7,244
Households
0.4
Avg Household Size
64
Median Age
50%
College-Educated
97%
High-School Grad
1.7 sq mi
ZIP Area
1,765
Density / Sq Mi
$85,265
Median Household Income
$64,875
Median Earnings
$0
Median Rent
$865,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Seaside Heights | $403 (county avg) | — |
| Normandy Beach | $403 (county avg) | — |
| Pelican Island | $403 (county avg) | — |
| Seaside Park | $403 (county avg) | — |
Commercial property in Lavallette, NJ asks $403/SF. The 4 bordering markets run from $403/SF in Seaside Heights to $403/SF in Seaside Heights, 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 Lavallette?
Commercial property in Lavallette, NJ asks an average of $403 per square foot. The 8 most recent recorded sales traded at a median of $371/SF, so asking sits 9% above the achieved median. Multifamily carries the highest asking price at $443/SF.
How much does it cost to lease commercial space in Lavallette?
Asking lease rates in Lavallette, NJ average $26.02 per square foot per year.
How does Lavallette compare to nearby markets on price?
Lavallette, NJ asks $403/SF against $403/SF in Seaside Heights, $403/SF in Normandy Beach, $403/SF in Pelican Island and $403/SF in Seaside Park.
What zoning applies to commercial property in Lavallette?
Lavallette, NJ zones 490 acres across 6 districts, of which 13.9% is commercial and 0% industrial. The largest single district is Residential A District at 55.9% of zoned land. The intent is to promote residential uses Residential zoning covers 86.1% and open space 0%.
Where does Realmo's Lavallette market data come from?
Realmo compiles Lavallette, NJ figures from 8 recent recorded sales, 7 active sale listings, 2 active lease listings, 97 tracked off-market properties, the current Lavallette zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 7 active for-sale and 2 active for-lease listings in Lavallette, 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: 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 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
