Commercial Real Estate Market in Rockaway, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
22 active listings and 337 off-market properties in Rockaway, NJ.
Market Trends
Rockaway, NJ spans 23.0 square miles in Morris County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Rockaway, 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 Rockaway, 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 Rockaway, 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 Rockaway, 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 56.4%
- Industrial 23%
- Commercial 11.1%
- Civic 4.9%
- Open space 4.6%
Largest Zones share of zoned land by district
Single Family Residence District
Single Family Residence District
High Tech And Light Industrial District
Single Family Residence District
General Light Industrial District
Rockaway, NJ zones 1,360 acres across 14 districts. Commercial zoning covers 11.1% of zoned land, residential 56.4%, open space 4.6% and industrial 23%. The largest single district is Single Family Residence District at 20.1%. For commercial buyers the practical constraint is that only 34.1% of land carries a commercial or industrial designation.
High Tech And Light Industrial District (HTLI)
Flashing, moving or animated signs; however, nonflashing, digital reflected-light time and temperature signs shall be allowed in the O-B, G-B, N-C, GLI and HT/LI Zones. Any temperature sign shall conform to the height, size and setback requirements for the zoning district where it is located. B. Signs which have any lighting or control mechanism which causes…
Market overview
Demographics & Economy
Rockaway, NJ has 22,965 residents in 8,863 households. Density runs 998 people per square mile. Median household income here is $123,828 and median gross rent $1,604 a month.
22,965
Population
8,863
Households
2.6
Avg Household Size
44
Median Age
50%
College-Educated
97%
High-School Grad
23 sq mi
ZIP Area
998
Density / Sq Mi
$123,828
Median Household Income
$70,340
Median Earnings
$1,604
Median Rent
$434,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Denville | — | — |
| Victory Gardens | — | — |
| Dover | — | — |
| Tabor | — | — |
Commercial property in Rockaway, NJ asks $519/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Rockaway?
Commercial property in Rockaway, NJ asks an average of $519 per square foot. The 6 most recent recorded sales traded at a median of $611/SF. Retail carries the highest asking price at $325/SF.
What zoning applies to commercial property in Rockaway?
Rockaway, NJ zones 1,360 acres across 14 districts, of which 11.1% is commercial and 23% industrial. The largest single district is Single Family Residence District at 20.1% of zoned land. Residential zoning covers 56.4% and open space 4.6%.
Where does Realmo's Rockaway market data come from?
Realmo compiles Rockaway, NJ figures from 6 recent recorded sales, 14 active sale listings, 8 active lease listings, 337 tracked off-market properties, the current Rockaway zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 14 active for-sale and 8 active for-lease listings in Rockaway, 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: 1,360 zoned acres across 14 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
