Commercial Real Estate Market in Leonia, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
15 active listings and 90 off-market properties in Leonia, NJ. Commercial property asks $175/SF to buy and $34.33/SF/Yr to lease.
Market Trends
Leonia, NJ spans 1.5 square miles in Bergen County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Leonia, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Leonia, NJ runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Leonia, 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 Leonia, NJ asks $399/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
- Commercial 78.3%
- Residential 8.2%
- Open space 7.1%
- Industrial 3.5%
- Mixed use 2.4%
- Civic 0.7%
Largest Zones share of zoned land by district
Single Family Dwelling
Single Family Dwelling
Parkland
Multiple Family Dwelling
Single Family Dwelling
Leonia, NJ zones 800 acres across 13 districts. Commercial zoning covers 78.3% of zoned land, residential 8.2%, open space 7.1% and industrial 3.5%. The largest single district is Single Family Dwelling at 38.6%. For commercial buyers the practical constraint is that only 81.8% of land carries a commercial or industrial designation.
Single Family Dwelling (A-3)
This zone is intended to primarily encourage residential development of single family dwellings, alongside provisions for educational institutions, public recreational spaces, and limited home based professional or business activities
Market overview
Demographics & Economy
Leonia, NJ has 9,324 residents in 3,581 households. Density runs 6,185 people per square mile. Median household income here is $115,476 and median gross rent $2,122 a month.
9,324
Population
3,581
Households
2.6
Avg Household Size
44
Median Age
61%
College-Educated
92%
High-School Grad
1.5 sq mi
ZIP Area
6,185
Density / Sq Mi
$115,476
Median Household Income
$66,632
Median Earnings
$2,122
Median Rent
$634,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Palisades Park | — | $28.12 |
| Fort Lee | — | $36.14 |
| West Fort Lee | — | — |
| Ridgefield Park | — | $23.98 |
Commercial property in Leonia, NJ asks $175/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Leonia?
Commercial property in Leonia, NJ asks an average of $175 per square foot. Multifamily carries the highest asking price at $399/SF.
How much does it cost to lease commercial space in Leonia?
Asking lease rates in Leonia, NJ average $34.33 per square foot per year.
What zoning applies to commercial property in Leonia?
Leonia, NJ zones 800 acres across 13 districts, of which 78.3% is commercial and 3.5% industrial. The largest single district is Single Family Dwelling at 38.6% of zoned land. This zone is intended to primarily encourage residential development of single family dwellings, alongside provisions for educational institutions, public recreational spaces, and limited home based professional or business activities Residential zoning covers 8.2% and open space 7.1%.
Where does Realmo's Leonia market data come from?
Realmo compiles Leonia, NJ figures from 4 recent recorded sales, 7 active sale listings, 8 active lease listings, 90 tracked off-market properties, the current Leonia 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 8 active for-lease listings in Leonia, 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: 800 zoned acres across 13 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
