Commercial Real Estate Market in Paramus, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
37 active listings and 463 off-market properties in Paramus, NJ. Commercial property asks $363/SF to buy and $28.33/SF/Yr to lease.
Market Trends
Paramus, NJ spans 10.4 square miles in Bergen County, New Jersey. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Paramus, 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 Paramus, 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 Paramus, 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 Paramus, NJ asks $432/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 56.8%
- Commercial 24.8%
- Open space 7.8%
- Civic 3.1%
- Planned_development 1.4%
- Mixed use 0.4%
Largest Zones share of zoned land by district
Residential One Family
Residential One Family
Highway Commercial Corridor
Highway Commercial Corridor 2
Conservation Recreation
Paramus, NJ zones 6,727 acres across 20 districts. Commercial zoning covers 24.8% of zoned land, residential 56.8% and open space 7.8%. The largest single district is Residential One Family at 27.3%. For commercial buyers the practical constraint is that only 24.8% of land carries a commercial or industrial designation.
Highway Commercial Corridor 2 (HCC-2)
X GOV Government Zone § 429-100 Permitted uses. § 429-101 Accessory uses. § 429-102 Lot area and bulk requirements. § 429-103 Reversion of property to private use. Article XX Regulations Applicable to All Business (HCC, HCC-2, NB and LB) Zones § 429-104 Use of accessory buildings restricted. § 429-105 Tents. § 429-106 Accessory structures and trailers. § 429…
Market overview
Demographics & Economy
Paramus, NJ has 26,698 residents in 8,898 households. Density runs 2,556 people per square mile. Median household income here is $139,707 and median gross rent $2,845 a month.
26,698
Population
8,898
Households
3
Avg Household Size
48
Median Age
50%
College-Educated
94%
High-School Grad
10.4 sq mi
ZIP Area
2,556
Density / Sq Mi
$139,707
Median Household Income
$66,256
Median Earnings
$2,845
Median Rent
$736,000
Median Home Value
Tools
Nearby Markets
Commercial property in Paramus, NJ asks $363/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Paramus?
Commercial property in Paramus, NJ asks an average of $363 per square foot. The 4 most recent recorded sales traded at a median of $1,389/SF. Multifamily carries the highest asking price at $432/SF.
How much does it cost to lease commercial space in Paramus?
Asking lease rates in Paramus, NJ average $28.33 per square foot per year.
What zoning applies to commercial property in Paramus?
Paramus, NJ zones 6,727 acres across 20 districts, of which 24.8% is commercial and 0% industrial. The largest single district is Residential One Family at 27.3% of zoned land. Residential zoning covers 56.8% and open space 7.8%.
Where does Realmo's Paramus market data come from?
Realmo compiles Paramus, NJ figures from 6 recent recorded sales, 15 active sale listings, 22 active lease listings, 463 tracked off-market properties, the current Paramus zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 22 active for-lease listings in Paramus, 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: 6,727 zoned acres across 20 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 30 September 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 30 September 2026 · report a data issue
