Commercial Real Estate Market in Mahwah, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
31 active listings and 230 off-market properties in Mahwah, NJ.
Market Trends
Mahwah, NJ spans 25.4 square miles in Bergen County, New Jersey. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Mahwah, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Mahwah, 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 Mahwah, 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 Bergen County, multifamily space asks $386/SF to buy. Multifamily vacancy in Mahwah, 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
- Open space 58.8%
- Residential 30.8%
- Industrial 3.2%
- Commercial 3.1%
- Civic 2.7%
- Mixed use 0.9%
Largest Zones share of zoned land by district
Mahwah, NJ zones 15,622 acres across 37 districts. Commercial zoning covers 3.1% of zoned land, residential 30.8%, open space 58.8% and industrial 3.2%. The largest single district is Public Open Space at 46.4%. For commercial buyers the practical constraint is that only 6.3% of land carries a commercial or industrial designation.
Uses and Structures. § 24-3.10 Electric Vehicle Supply/Service Equipment. § 24-4 ZONE DISTRICT REGULATIONS. § 24-4.1 Schedules of Regulations. § 24-4.2 C200 Conservation. § 24-4.3 R80 Single-Family Residential. § 24-4.4 R40 Single-Family Residential. § 24-4.5 R20 Single-Family Residential. § 24-4.6 R15 Single-Family Residential. § 24-4.7 R10 Single-Family Re…
Market overview
Demographics & Economy
Mahwah, NJ has 25,487 residents in 10,058 households. Density runs 1,003 people per square mile. Median household income here is $128,125 and median gross rent $2,301 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Airmont | $364 | $27.50 |
| Chestnut Ridge | $507 | $35.00 |
Frequently Asked Questions
How much does it cost to lease commercial space in Mahwah?
What zoning applies to commercial property in Mahwah?
Where does Realmo's Mahwah market data come from?
Methodology & data sources
- Asking prices and medians
- There are 6 active for-sale and 25 active for-lease listings in Mahwah, NJ. Too few for-sale listings state a price per square foot for a sale median; the rent median is based on 3 of the for-lease listings that state a rent per square foot. 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: 15,622 zoned acres across 37 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 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 October 2026 · How Realmo checks market page data · Report a data issue