Commercial Real Estate Market in North Bergen, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
101 active listings and 1,117 off-market properties in North Bergen, NJ. Commercial property asks $910/SF to buy and $31.36/SF/Yr to lease.
Market Trends
North Bergen, NJ spans 5.1 square miles in Hudson County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in North Bergen, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in North Bergen, NJ asks $281/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 North Bergen, 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 North Bergen, NJ asks $237/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
North Bergen, NJ has 63,361 residents in 25,024 households. Density runs 12,337 people per square mile. Median household income here is $75,505 and median gross rent $1,702 a month.
63,361
Population
25,024
Households
2.5
Avg Household Size
39
Median Age
32%
College-Educated
83%
High-School Grad
5.1 sq mi
ZIP Area
12,337
Density / Sq Mi
$75,505
Median Household Income
$43,150
Median Earnings
$1,702
Median Rent
$466,800
Median Home Value
Tools
Lease vs Buy Breakeven
At $31.36/SF/Yr lease vs $910/SF buy → buying wins if held > 28.2 years.
At a 3.4% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Fairview | — | — |
| Guttenberg | — | — |
| West New York | — | $36.34 |
| Ridgefield | — | $26.17 |
Commercial property in North Bergen, NJ asks $910/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in North Bergen?
Commercial property in North Bergen, NJ asks an average of $910 per square foot. The 3 most recent recorded sales traded at a median of $231/SF, so asking sits 294% above the achieved median. Retail carries the highest asking price at $281/SF.
How much does it cost to lease commercial space in North Bergen?
Asking lease rates in North Bergen, NJ average $31.36 per square foot per year.
Is it cheaper to lease or buy commercial space in North Bergen?
Buying beats leasing in North Bergen, NJ if the property is held longer than 28.2 years, comparing $31.36/SF/Yr asking rent with $910/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's North Bergen market data come from?
Realmo compiles North Bergen, NJ figures from 6 recent recorded sales, 54 active sale listings, 47 active lease listings, 1,117 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 54 active for-sale and 47 active for-lease listings in North Bergen, 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.
- 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
