Commercial Real Estate Market in Somers Point, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
45 active listings and 245 off-market properties in Somers Point, NJ. Commercial property asks $921/SF to buy and $18.00/SF/Yr to lease.
Market Trends
Somers Point, NJ spans 4.9 square miles in Atlantic County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Somers Point, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Somers Point, NJ runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Somers Point, 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 Somers Point, NJ asks $299/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
Somers Point, NJ has 10,535 residents in 5,898 households. Density runs 2,140 people per square mile. Median household income here is $67,500 and median gross rent $1,266 a month.
10,535
Population
5,898
Households
1.8
Avg Household Size
47
Median Age
30%
College-Educated
89%
High-School Grad
4.9 sq mi
ZIP Area
2,140
Density / Sq Mi
$67,500
Median Household Income
$38,709
Median Earnings
$1,266
Median Rent
$278,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Linwood | — | — |
| Ocean City | — | $37.15 |
| Longport | — | — |
| Northfield | — | — |
Commercial property in Somers Point, NJ asks $921/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Somers Point?
Commercial property in Somers Point, NJ asks an average of $921 per square foot. The 5 most recent recorded sales traded at a median of $220/SF, so asking sits 318% above the achieved median. Multifamily carries the highest asking price at $299/SF.
How much does it cost to lease commercial space in Somers Point?
Asking lease rates in Somers Point, NJ average $18.00 per square foot per year.
Where does Realmo's Somers Point market data come from?
Realmo compiles Somers Point, NJ figures from 6 recent recorded sales, 31 active sale listings, 14 active lease listings, 245 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 31 active for-sale and 14 active for-lease listings in Somers Point, 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
