Commercial Real Estate Market in Manchester Township, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
45 active listings and 94 off-market properties in Manchester Township, NJ. Commercial property asks $403/SF to buy and $215.67/SF/Yr to lease.
Market Trends
Manchester Township, NJ spans 61.3 square miles in Ocean County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Manchester Township, 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 Manchester Township, 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 Manchester Township, 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 Manchester Township, 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
Market overview
Demographics & Economy
Manchester Township, NJ has 34,547 residents in 22,101 households. Density runs 563 people per square mile. Median household income here is $55,000 and median gross rent $1,324 a month.
34,547
Population
22,101
Households
1.6
Avg Household Size
69
Median Age
23%
College-Educated
93%
High-School Grad
61.3 sq mi
ZIP Area
563
Density / Sq Mi
$55,000
Median Household Income
$41,089
Median Earnings
$1,324
Median Rent
$176,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lakehurst | $403 (county avg) | — |
| Jackson Twp | $403 (county avg) | — |
| Jackson Township | $403 (county avg) | — |
| Lakewood | $403 (county avg) | — |
Commercial property in Manchester Township, NJ asks $403/SF. The 4 bordering markets run from $403/SF in Lakehurst to $403/SF in Lakehurst, 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 Manchester Township?
Commercial property in Manchester Township, NJ asks an average of $403 per square foot. The 3 most recent recorded sales traded at a median of $142/SF, so asking sits 183% above the achieved median. Multifamily carries the highest asking price at $443/SF.
How much does it cost to lease commercial space in Manchester Township?
Asking lease rates in Manchester Township, NJ average $215.67 per square foot per year.
How does Manchester Township compare to nearby markets on price?
Manchester Township, NJ asks $403/SF against $403/SF in Lakehurst, $403/SF in Jackson Twp, $403/SF in Jackson Township and $403/SF in Lakewood.
Where does Realmo's Manchester Township market data come from?
Realmo compiles Manchester Township, NJ figures from 4 recent recorded sales, 41 active sale listings, 4 active lease listings, 94 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 41 active for-sale and 4 active for-lease listings in Manchester Township, 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 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, 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 August 2026 · report a data issue
