Commercial Real Estate Market in Neptune City, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
18 active listings and 25 off-market properties in Neptune City, NJ. Commercial property asks $358/SF to buy and $22.00/SF/Yr to lease.
Market Trends
Neptune City, NJ spans 16.0 square miles in Monmouth County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Neptune City, NJ asks $287/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 Neptune City, 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 Neptune City, 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 Neptune City, NJ asks $370/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
Neptune City, NJ has 37,397 residents in 16,701 households. Density runs 2,344 people per square mile. Median household income here is $92,824 and median gross rent $1,740 a month.
37,397
Population
16,701
Households
2.2
Avg Household Size
45
Median Age
37%
College-Educated
93%
High-School Grad
16 sq mi
ZIP Area
2,344
Density / Sq Mi
$92,824
Median Household Income
$49,953
Median Earnings
$1,740
Median Rent
$390,900
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bradley Beach | $358 (county avg) | — |
| Avon | $358 (county avg) | — |
| Belmar | $358 (county avg) | — |
| Ocean Grove | $358 (county avg) | — |
Commercial property in Neptune City, NJ asks $358/SF. The 4 bordering markets run from $358/SF in Bradley Beach to $358/SF in Bradley Beach, and the city sits in line with their $358/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Neptune City?
Commercial property in Neptune City, NJ asks an average of $358 per square foot. Retail carries the highest asking price at $406/SF.
How much does it cost to lease commercial space in Neptune City?
Asking lease rates in Neptune City, NJ average $22.00 per square foot per year.
How does Neptune City compare to nearby markets on price?
Neptune City, NJ asks $358/SF against $358/SF in Bradley Beach, $358/SF in Avon, $358/SF in Belmar and $358/SF in Ocean Grove.
Where does Realmo's Neptune City market data come from?
Realmo compiles Neptune City, NJ figures from 14 active sale listings, 4 active lease listings, 25 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 4 active for-lease listings in Neptune City, 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 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
