Commercial Real Estate Market in Pennsauken, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
225 active listings and 3,207 off-market properties in Pennsauken, NJ. Commercial property asks $141/SF to buy and $17.67/SF/Yr to lease.
Market Trends
Pennsauken, NJ spans 11.3 square miles in Camden County, New Jersey. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Pennsauken, 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 Pennsauken, NJ asks $180/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 Pennsauken, 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 Pennsauken, NJ asks $198/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
Pennsauken, NJ has 42,905 residents in 16,052 households. Density runs 3,802 people per square mile. Median household income here is $82,950 and median gross rent $1,165 a month.
42,905
Population
16,052
Households
2.7
Avg Household Size
39
Median Age
24%
College-Educated
82%
High-School Grad
11.3 sq mi
ZIP Area
3,802
Density / Sq Mi
$82,950
Median Household Income
$42,697
Median Earnings
$1,165
Median Rent
$212,217
Median Home Value
Tools
Lease vs Buy Breakeven
At $17.67/SF/Yr lease vs $141/SF buy → buying wins if held > 0.9 years.
At a 12.6% 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 |
|---|---|---|
| Merchantville | — | — |
| Palmyra | — | — |
| Riverton | — | $8.78 |
Commercial property in Pennsauken, NJ asks $141/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Pennsauken?
Commercial property in Pennsauken, NJ asks an average of $141 per square foot. Office carries the highest asking price at $287/SF.
How much does it cost to lease commercial space in Pennsauken?
Asking lease rates in Pennsauken, NJ average $17.67 per square foot per year.
Is it cheaper to lease or buy commercial space in Pennsauken?
Buying beats leasing in Pennsauken, NJ if the property is held longer than 0.9 years, comparing $17.67/SF/Yr asking rent with $141/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 Pennsauken market data come from?
Realmo compiles Pennsauken, NJ figures from 8 recent recorded sales, 141 active sale listings, 84 active lease listings, 3,207 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 141 active for-sale and 84 active for-lease listings in Pennsauken, 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 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 · How Realmo checks market page data · Report a data issue
