Commercial Real Estate Market in Stanhope, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
8 active listings and 125 off-market properties in Stanhope, NJ.
Market Trends
Stanhope, NJ spans 8.5 square miles in Sussex County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Stanhope, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Stanhope, NJ asks $143/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 Stanhope, 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 Stanhope, NJ asks $275/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
- Residential 75.7%
- Industrial 16.3%
- Commercial 7.7%
Largest Zones share of zoned land by district
Medium Density Residential
Medium Low Density Residential
Planned Light Industrial And Commercial Development
Residential Conservation
Highway Commercial
Stanhope, NJ zones 1,318 acres across 10 districts. Commercial zoning covers 7.7% of zoned land, residential 75.7% and industrial 16.3%. The largest single district is Medium Density Residential at 41.7%. For commercial buyers the practical constraint is that only 24% of land carries a commercial or industrial designation.
Medium Density Residential (MR)
Purpose of this zone is focus on detached single-family dwelling units
Market overview
Demographics & Economy
Stanhope, NJ has 8,639 residents in 3,325 households. Density runs 1,021 people per square mile. Median household income here is $125,517 and median gross rent $1,735 a month.
8,639
Population
3,325
Households
2.6
Avg Household Size
43
Median Age
39%
College-Educated
95%
High-School Grad
8.5 sq mi
ZIP Area
1,021
Density / Sq Mi
$125,517
Median Household Income
$59,407
Median Earnings
$1,735
Median Rent
$336,000
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Netcong | — | — |
| Mount Olive | — | — |
| Byram Township | — | — |
| Roxbury Township | — | — |
Commercial property in Stanhope, NJ asks $377/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Stanhope?
Commercial property in Stanhope, NJ asks an average of $377 per square foot. The 5 most recent recorded sales traded at a median of $203/SF, so asking sits 86% above the achieved median. Multifamily carries the highest asking price at $275/SF.
What zoning applies to commercial property in Stanhope?
Stanhope, NJ zones 1,318 acres across 10 districts, of which 7.7% is commercial and 16.3% industrial. The largest single district is Medium Density Residential at 41.7% of zoned land. Purpose of this zone is focus on detached single-family dwelling units Residential zoning covers 75.7% and open space 0%.
Where does Realmo's Stanhope market data come from?
Realmo compiles Stanhope, NJ figures from 5 recent recorded sales, 8 active sale listings, 125 tracked off-market properties, the current Stanhope zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 8 active for-sale and 0 active for-lease listings in Stanhope, 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: 1,318 zoned acres across 10 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
