Commercial Real Estate Market in Montclair, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
72 active listings and 645 off-market properties in Montclair, NJ. Commercial property asks $788/SF to buy and $155.16/SF/Yr to lease.
Market Trends
Montclair, NJ spans 6.3 square miles in Essex County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Montclair, NJ asks $181/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 Montclair, NJ asks $133/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 Montclair, 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 Montclair, NJ asks $235/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
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 82.4%
- Commercial 2.9%
- Industrial 0.7%
Largest Zones share of zoned land by district
One Family Residential
Public
One Family Residential
Two Family Residential
One Family Residential
Montclair, NJ zones 3,333 acres across 26 districts. Commercial zoning covers 2.9% of zoned land, residential 82.4% and industrial 0.7%. The largest single district is One Family Residential at 17.3%. For commercial buyers the practical constraint is that only 3.6% of land carries a commercial or industrial designation.
One Family Residential (R-1(60))
The intent of this zone is to promote One Family Zone
Market overview
Demographics & Economy
Montclair, NJ has 41,603 residents in 16,181 households. Density runs 6,580 people per square mile. Median household income here is $169,094 and median gross rent $2,109 a month.
41,603
Population
16,181
Households
2.6
Avg Household Size
38
Median Age
73%
College-Educated
97%
High-School Grad
6.3 sq mi
ZIP Area
6,580
Density / Sq Mi
$169,094
Median Household Income
$84,885
Median Earnings
$2,109
Median Rent
$806,651
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glen Ridge | — | — |
| Verona | — | — |
| Bloomfield | — | $7.85 |
| West Orange | — | $23.79 |
Commercial property in Montclair, NJ asks $788/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Montclair?
Commercial property in Montclair, NJ asks an average of $788 per square foot. The 8 most recent recorded sales traded at a median of $463/SF, so asking sits 70% above the achieved median. Multifamily carries the highest asking price at $235/SF.
How much does it cost to lease commercial space in Montclair?
Asking lease rates in Montclair, NJ average $155.16 per square foot per year.
What zoning applies to commercial property in Montclair?
Montclair, NJ zones 3,333 acres across 26 districts, of which 2.9% is commercial and 0.7% industrial. The largest single district is One Family Residential at 17.3% of zoned land. The intent of this zone is to promote One Family Zone Residential zoning covers 82.4% and open space 0%.
Where does Realmo's Montclair market data come from?
Realmo compiles Montclair, NJ figures from 8 recent recorded sales, 44 active sale listings, 28 active lease listings, 645 tracked off-market properties, the current Montclair zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 44 active for-sale and 28 active for-lease listings in Montclair, 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.
- 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: 3,333 zoned acres across 26 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 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 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 August 2026 · report a data issue
