Commercial Real Estate Market in Manalapan, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
61 active listings and 519 off-market properties in Manalapan, NJ. Commercial property asks $337/SF to buy and $21.05/SF/Yr to lease.
Market Trends
Manalapan, NJ spans 33.1 square miles in Monmouth County, New Jersey. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Manalapan, NJ asks $269/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 Manalapan, NJ asks $322/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 Manalapan, 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 Manalapan, NJ asks $385/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
Manalapan, NJ has 44,945 residents in 16,822 households. Density runs 1,359 people per square mile. Median household income here is $145,625 and median gross rent $1,973 a month.
44,945
Population
16,822
Households
2.7
Avg Household Size
45
Median Age
55%
College-Educated
97%
High-School Grad
33.1 sq mi
ZIP Area
1,359
Density / Sq Mi
$145,625
Median Household Income
$75,503
Median Earnings
$1,973
Median Rent
$603,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Millstone Township | $337 (county avg) | $21.05 |
| Englishtown | $337 (county avg) | — |
| Morganville | $337 (county avg) | $27.14 |
| Freehold | $337 (county avg) | $20.38 |
Commercial property in Manalapan, NJ asks $337/SF. The 4 bordering markets run from $337/SF in Millstone Township to $337/SF in Millstone Township, and the city sits in line with their $337/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Manalapan?
Commercial property in Manalapan, NJ asks an average of $337 per square foot. Multifamily carries the highest asking price at $385/SF.
How much does it cost to lease commercial space in Manalapan?
Asking lease rates in Manalapan, NJ average $21.05 per square foot per year.
How does Manalapan compare to nearby markets on price?
Manalapan, NJ asks $337/SF against $337/SF in Millstone Township, $337/SF in Englishtown, $337/SF in Morganville and $337/SF in Freehold.
Where does Realmo's Manalapan market data come from?
Realmo compiles Manalapan, NJ figures from 4 recent recorded sales, 39 active sale listings, 22 active lease listings, 519 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 39 active for-sale and 22 active for-lease listings in Manalapan, 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
