Commercial Real Estate Market in Manville, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
28 active listings and 181 off-market properties in Manville, NJ.
Market Trends
Manville, NJ spans 2.3 square miles in Somerset County, New Jersey. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Manville, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Somerset County, retail space asks $71/SF to buy. Retail vacancy in Manville, 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 Manville, 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 Somerset County, multifamily space asks $235/SF to buy. Multifamily vacancy in Manville, 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
- Residential 49.6%
- Industrial 13.4%
- Commercial 2.7%
Largest Zones share of zoned land by district
Market overview
Demographics & Economy
Manville, NJ has 10,953 residents in 4,538 households. Density runs 4,861 people per square mile. Median household income here is $93,872 and median gross rent $1,837 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Somerville | $200 | $22.00 |
| Raritan | $158 | — |
| Franklin Township | $175 | $19.03 |
Commercial property in Manville, NJ asks $179/SF. The 3 bordering markets run from $158/SF in Raritan to $200/SF in Somerville, and the city sits above their $175/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Manville?
How does Manville compare to nearby markets on price?
Where does Realmo's Manville market data come from?
Methodology & data sources
- Asking prices and medians
- There are 20 active for-sale and 8 active for-lease listings in Manville, NJ. The sale median is based on 9 of the for-sale listings that state a price per square foot; too few for-lease listings state a rent per square foot for a rent median. 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: 1,463 zoned acres across 4 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
