Commercial Real Estate Market in Monmouth, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
22 active listings and 361 off-market properties in Monmouth, NJ. Commercial property asks $19.00/SF/Yr to lease (based on 4 listings), and the average asking price across Monmouth County is $360/SF.
Market Trends
Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Monmouth, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Monmouth, 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 Monmouth, 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
Multifamily vacancy in Monmouth, NJ runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Market overview
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Tinton Falls | $360 (county avg) | $19.00 |
| Eatontown | $318 | $22.10 |
| Shrewsbury | $360 (county avg) | $22.00 |
Across Monmouth County, commercial property asks $360/SF. That compares with $318/SF in Eatontown.
Frequently Asked Questions
What does commercial property cost per square foot in Monmouth?
How much does it cost to lease commercial space in Monmouth?
How does Monmouth compare to nearby markets on price?
Where does Realmo's Monmouth market data come from?
Methodology & data sources
- Asking prices and medians
- There are 5 active for-sale and 17 active for-lease listings in Monmouth, NJ. The sale figure is the Monmouth County average, as too few listings here state a price per square foot; the rent median is based on 4 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.
- 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 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
