Commercial Real Estate Market in Old Tappan, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 43 off-market properties in Old Tappan, NJ. Commercial property asks $8,000/SF to buy and $32.00/SF/Yr to lease.
Market Trends
Old Tappan, NJ spans 9.6 square miles in Bergen County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Old Tappan, 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 Old Tappan, 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 Old Tappan, 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 Old Tappan, 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
Market overview
Demographics & Economy
Old Tappan, NJ has 27,079 residents in 10,049 households. Density runs 2,808 people per square mile. Median household income here is $176,981 and median gross rent $2,347 a month.
27,079
Population
10,049
Households
2.7
Avg Household Size
45
Median Age
65%
College-Educated
97%
High-School Grad
9.6 sq mi
ZIP Area
2,808
Density / Sq Mi
$176,981
Median Household Income
$72,808
Median Earnings
$2,347
Median Rent
$680,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| River Vale | — | — |
| Harrington Park | — | — |
| Norwood | — | — |
| Northvale | — | — |
Commercial property in Old Tappan, NJ asks $8,000/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Old Tappan?
Commercial property in Old Tappan, NJ asks an average of $8,000 per square foot. Multifamily carries the highest asking price at $399/SF.
How much does it cost to lease commercial space in Old Tappan?
Asking lease rates in Old Tappan, NJ average $32.00 per square foot per year.
Where does Realmo's Old Tappan market data come from?
Realmo compiles Old Tappan, NJ figures from 4 recent recorded sales, 2 active sale listings, 2 active lease listings, 43 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 2 active for-sale and 2 active for-lease listings in Old Tappan, 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 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
