Commercial Real Estate Market in Roosevelt, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
Market Trends
Roosevelt, NJ spans 1.9 square miles in Monmouth County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in Roosevelt, 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 Roosevelt, NJ asks $406/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 Roosevelt, 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 Roosevelt, NJ asks $370/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
- Industrial 56.1%
- Residential 43.5%
- Commercial 0.2%
Largest Zones share of zoned land by district
Residential Agriculture
Residential
Residential Conservation
Light Industrial
Roosevelt Gateway Area
Roosevelt, NJ zones 1,251 acres across 7 districts. Commercial zoning covers 0.2% of zoned land, residential 43.5% and industrial 56.1%. The largest single district is Residential Agriculture at 55.4%. For commercial buyers the practical constraint is that only 56.3% of land carries a commercial or industrial designation.
Residential Agriculture (R-AG400)
Dormitories for private schools in the R-AG400 Zone shall conform with the following: [ Ord. 97-36 ] a. Dormitories shall be located on the same property as the school facility for which the dormitory is providing boarding services. b. Dormitories shall comply with requirements applicable to dormitories in accordance with State law. c. Provisions for afforda…
Market overview
Demographics & Economy
Roosevelt, NJ has 808 residents in 376 households. Density runs 417 people per square mile. Median household income here is $112,614.
808
Population
376
Households
2.1
Avg Household Size
49
Median Age
46%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
417
Density / Sq Mi
$112,614
Median Household Income
$57,917
Median Earnings
$0
Median Rent
$354,600
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Millstone | $358 (county avg) | $21.32 |
| East Windsor | $171 (county avg) | $21.17 |
| Upper Freehold | $358 (county avg) | — |
| Upper Freehold Township | $358 (county avg) | — |
Commercial property in Roosevelt, NJ asks $358/SF. The 4 bordering markets run from $171/SF in East Windsor to $358/SF in Millstone, and the city sits in line with their $358/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Roosevelt?
Commercial property in Roosevelt, NJ asks an average of $358 per square foot. Retail carries the highest asking price at $406/SF.
How does Roosevelt compare to nearby markets on price?
Roosevelt, NJ asks $358/SF against $358/SF in Millstone, $171/SF in East Windsor, $358/SF in Upper Freehold and $358/SF in Upper Freehold Township. East Windsor is the cheapest entry point at 52% below Roosevelt pricing, with $21.17/SF/Yr asking rents.
What zoning applies to commercial property in Roosevelt?
Roosevelt, NJ zones 1,251 acres across 7 districts, of which 0.2% is commercial and 56.1% industrial. The largest single district is Residential Agriculture at 55.4% of zoned land. Dormitories for private schools in the R-AG400 Zone shall conform with the following: [ Ord. 97-36 ] a. Dormitories shall be located on the same property as the school facility for which the dormitory is providing boarding services. b. Dormitories shall comply with requirements applicable to dormitories in accordance with State law. c. Provisions for afforda… Residential zoning covers 43.5% and open space 0%.
Methodology & data sources
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- 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: 1,251 zoned acres across 7 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
