Commercial Real Estate Market in Manchester, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
30 active listings and 121 off-market properties in Manchester, NJ. Commercial property asks $395/SF to buy and $12.69/SF/Yr to lease.
Market Trends
Manchester, NJ spans 79.1 square miles in Ocean County, New Jersey. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Manchester, NJ asks $320/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, NJ asks $406/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, 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, NJ asks $406/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, NJ has 69,226 residents in 41,403 households. Density runs 875 people per square mile. Median household income here is $55,568 and median gross rent $1,519 a month.
69,226
Population
41,403
Households
1.7
Avg Household Size
66
Median Age
21%
College-Educated
91%
High-School Grad
79.1 sq mi
ZIP Area
875
Density / Sq Mi
$55,568
Median Household Income
$39,327
Median Earnings
$1,519
Median Rent
$214,973
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Manchester Township | $395 (county avg) | — |
| Lakehurst | $395 (county avg) | — |
Commercial property in Manchester, NJ asks $395/SF. The 2 bordering markets run from $395/SF in Manchester Township to $395/SF in Manchester Township, and the city sits in line with their $395/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Manchester?
Commercial property in Manchester, NJ asks an average of $395 per square foot. The 5 most recent recorded sales traded at a median of $249/SF, so asking sits 58% above the achieved median. Multifamily carries the highest asking price at $406/SF.
How much does it cost to lease commercial space in Manchester?
Asking lease rates in Manchester, NJ average $12.69 per square foot per year.
How does Manchester compare to nearby markets on price?
Manchester, NJ asks $395/SF against $395/SF in Manchester Township and $395/SF in Lakehurst.
Where does Realmo's Manchester market data come from?
Realmo compiles Manchester, NJ figures from 7 recent recorded sales, 23 active sale listings, 7 active lease listings, 121 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 23 active for-sale and 7 active for-lease listings in Manchester, 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
