Commercial Real Estate Market in Riverdale, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
4 active listings and 126 off-market properties in Riverdale, NJ.
Market Trends
Riverdale, NJ spans 2.0 square miles in Morris County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Riverdale, NJ asks $200/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 Riverdale, NJ asks $325/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 Riverdale, 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 vacancy in Riverdale, NJ runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 55.7%
- Industrial 22.4%
- Commercial 21.9%
Largest Zones share of zoned land by district
Residential
Highway Business District
Industrial Quarry
Residential
Industrial
Riverdale, NJ zones 1,219 acres across 16 districts. Commercial zoning covers 21.9% of zoned land, residential 55.7% and industrial 22.4%. The largest single district is Residential at 17.2%. For commercial buyers the practical constraint is that only 44.4% of land carries a commercial or industrial designation.
Residential (R-7.5)
R-7.5 Residence District: to provide an area for high-density, single-family detached units, which are consistent with development patterns within the district. B.
Market overview
Demographics & Economy
Riverdale, NJ has 4,107 residents in 2,038 households. Density runs 2,027 people per square mile. Median household income here is $96,667 and median gross rent $2,351 a month.
4,107
Population
2,038
Households
2
Avg Household Size
47
Median Age
48%
College-Educated
97%
High-School Grad
2 sq mi
ZIP Area
2,027
Density / Sq Mi
$96,667
Median Household Income
$60,081
Median Earnings
$2,351
Median Rent
$384,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pompton Lakes | — | — |
| Butler | — | — |
| Oakland | — | — |
| Bloomingdale | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Riverdale?
Riverdale, NJ zones 1,219 acres across 16 districts, of which 21.9% is commercial and 22.4% industrial. The largest single district is Residential at 17.2% of zoned land. R-7.5 Residence District: to provide an area for high-density, single-family detached units, which are consistent with development patterns within the district. B. Residential zoning covers 55.7% and open space 0%.
Where does Realmo's Riverdale market data come from?
Realmo compiles Riverdale, NJ figures from 6 recent recorded sales, 2 active sale listings, 2 active lease listings, 126 tracked off-market properties, the current Riverdale zoning release. 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 Riverdale, 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: 1,219 zoned acres across 16 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 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
