Commercial Real Estate Market in Rio Grande, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
31 active listings and 167 off-market properties in Rio Grande, NJ. Commercial property asks $230/SF to buy and $14.00/SF/Yr to lease.
Market Trends
Rio Grande, NJ spans 4.8 square miles in Cape May County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Rio Grande, NJ asks $268/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 Rio Grande, NJ asks $341/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 Rio Grande, 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 Rio Grande, NJ asks $332/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
Rio Grande, NJ has 4,067 residents in 2,083 households. Density runs 854 people per square mile. Median household income here is $97,831 and median gross rent $1,486 a month.
4,067
Population
2,083
Households
2
Avg Household Size
47
Median Age
31%
College-Educated
92%
High-School Grad
4.8 sq mi
ZIP Area
854
Density / Sq Mi
$97,831
Median Household Income
$34,290
Median Earnings
$1,486
Median Rent
$306,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Whitesboro | — | — |
| Green Creek | — | — |
| West Wildwood | — | — |
| Miami Beach | — | — |
Commercial property in Rio Grande, NJ asks $230/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rio Grande?
Commercial property in Rio Grande, NJ asks an average of $230 per square foot. Retail carries the highest asking price at $341/SF.
How much does it cost to lease commercial space in Rio Grande?
Asking lease rates in Rio Grande, NJ average $14.00 per square foot per year.
Where does Realmo's Rio Grande market data come from?
Realmo compiles Rio Grande, NJ figures from 3 recent recorded sales, 25 active sale listings, 6 active lease listings, 167 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 25 active for-sale and 6 active for-lease listings in Rio Grande, 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
