Commercial Real Estate Market in Montvale, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
6 active listings and 115 off-market properties in Montvale, NJ.
Market Trends
Montvale, NJ spans 4.0 square miles in Bergen County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Montvale, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Montvale, NJ runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Montvale, 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 Montvale, NJ asks $399/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 91.8%
- Commercial 3.6%
- Planned_development 3%
Largest Zones share of zoned land by district
Single Family Residence
Single Family Residence
Single Family Residence
Office And Research
Office And Research
Montvale, NJ zones 2,185 acres across 29 districts. Commercial zoning covers 3.6% of zoned land, residential 91.8%. The largest single district is Single Family Residence at 41.8%. For commercial buyers the practical constraint is that only 3.6% of land carries a commercial or industrial designation.
Single Family Residence (R-40)
Residence R-40, R-15 and R-10 Districts. A. In any residence district, no building or land shall be used and no building or other structure shall be built, altered or erected to be used for any purpose other than those specified in Subsection A(1) through (5) of this section. (1) Residence for not more than one family. (2) Churches, temples and other houses…
Market overview
Demographics & Economy
Montvale, NJ has 8,436 residents in 3,188 households. Density runs 2,097 people per square mile. Median household income here is $183,664 and median gross rent $2,241 a month.
8,436
Population
3,188
Households
2.6
Avg Household Size
44
Median Age
57%
College-Educated
95%
High-School Grad
4 sq mi
ZIP Area
2,097
Density / Sq Mi
$183,664
Median Household Income
$75,700
Median Earnings
$2,241
Median Rent
$688,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Park Ridge | — | — |
| River Vale | — | — |
| Woodcliff Lake | — | — |
| Nanuet | — | $27.48 |
Frequently Asked Questions
What zoning applies to commercial property in Montvale?
Montvale, NJ zones 2,185 acres across 29 districts, of which 3.6% is commercial and 0% industrial. The largest single district is Single Family Residence at 41.8% of zoned land. Residence R-40, R-15 and R-10 Districts. A. In any residence district, no building or land shall be used and no building or other structure shall be built, altered or erected to be used for any purpose other than those specified in Subsection A(1) through (5) of this section. (1) Residence for not more than one family. (2) Churches, temples and other houses… Residential zoning covers 91.8% and open space 0%.
Where does Realmo's Montvale market data come from?
Realmo compiles Montvale, NJ figures from 4 recent recorded sales, 2 active sale listings, 4 active lease listings, 115 tracked off-market properties, the current Montvale zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 4 active for-lease listings in Montvale, 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: 2,185 zoned acres across 29 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
