Commercial Real Estate Market in Newfield, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
5 active listings and 142 off-market properties in Newfield, NJ.
Market Trends
Newfield, NJ spans 23.8 square miles in Gloucester County, New Jersey. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Newfield, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Retail vacancy in Newfield, 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 Newfield, 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 Gloucester County, multifamily space asks $191/SF to buy. Multifamily vacancy in Newfield, 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 81.6%
- Industrial 12.3%
- Commercial 6.1%
Largest Zones share of zoned land by district
Newfield, NJ zones 1,114 acres across 6 districts. Commercial zoning covers 6.1% of zoned land, residential 81.6% and industrial 12.3%. The largest single district is Rural Residential at 52.4%. For commercial buyers the practical constraint is that only 18.4% of land carries a commercial or industrial designation.
C-1 Central Business District § 295-29 Purpose. § 295-30 Permitted principal uses. § 295-31 Permitted accessory uses. § 295-32 Conditional uses. § 295-33 Prohibited uses. § 295-34 Design guidelines. § 295-35 Density, bulk and yard requirements.
Market overview
Demographics & Economy
Newfield, NJ has 5,894 residents in 2,362 households. Density runs 248 people per square mile. Median household income here is $73,340 and median gross rent $1,431 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Vineland | $165 | $12.00 |
| Elmer | $81 | — |
| Millville | $130 | $12.79 |
Commercial property in Newfield, NJ asks $96/SF. The 3 bordering markets run from $81/SF in Elmer to $165/SF in Vineland, and the city sits below their $130/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Newfield?
How does Newfield compare to nearby markets on price?
What zoning applies to commercial property in Newfield?
Where does Realmo's Newfield market data come from?
Methodology & data sources
- Asking prices and medians
- There are 4 active for-sale and 1 active for-lease listings in Newfield, NJ. The sale median is based on 4 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: 1,114 zoned acres across 6 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
