Commercial Real Estate Market in Teaneck, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
35 active listings and 384 off-market properties in Teaneck, NJ. Commercial property asks $337/SF to buy and $32.33/SF/Yr to lease.
Market Trends
Teaneck, NJ spans 6.0 square miles in Bergen County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Teaneck, 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 Teaneck, 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 Teaneck, 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 Teaneck, NJ asks $399/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 82.8%
- Civic 8.4%
- Commercial 6.2%
- Industrial 1.6%
- Planned_development 0.6%
- Mixed use 0.5%
Largest Zones share of zoned land by district
Residential Single Family
Public Land District
Redevelopment Commercial Hotel And Motel
University
Light Industry
Teaneck, NJ zones 3,939 acres across 18 districts. Commercial zoning covers 6.2% of zoned land, residential 82.8% and industrial 1.6%. The largest single district is Residential Single Family at 82.5%. For commercial buyers the practical constraint is that only 7.7% of land carries a commercial or industrial designation.
Residential Single Family (R-S)
R-S, B-2 or L-I District and the street block includes another district with greater front setback requirements, the principal building shall also comply with the greater setback requirement. The remaining property lines shall be considered side yard lines and the building shall comply with the minimum side yard requirements for the district in which the lot…
Market overview
Demographics & Economy
Teaneck, NJ has 41,246 residents in 13,851 households. Density runs 6,828 people per square mile. Median household income here is $134,311 and median gross rent $1,850 a month.
41,246
Population
13,851
Households
3
Avg Household Size
41
Median Age
54%
College-Educated
93%
High-School Grad
6 sq mi
ZIP Area
6,828
Density / Sq Mi
$134,311
Median Household Income
$59,144
Median Earnings
$1,850
Median Rent
$496,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Bogota | — | — |
| Hackensack | — | $31.14 |
| Englewood | — | $30.69 |
| Bergenfield | — | $25.14 |
Commercial property in Teaneck, NJ asks $337/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Teaneck?
Commercial property in Teaneck, NJ asks an average of $337 per square foot. The 3 most recent recorded sales traded at a median of $304/SF, so asking sits 11% above the achieved median. Multifamily carries the highest asking price at $399/SF.
How much does it cost to lease commercial space in Teaneck?
Asking lease rates in Teaneck, NJ average $32.33 per square foot per year.
What zoning applies to commercial property in Teaneck?
Teaneck, NJ zones 3,939 acres across 18 districts, of which 6.2% is commercial and 1.6% industrial. The largest single district is Residential Single Family at 82.5% of zoned land. R-S, B-2 or L-I District and the street block includes another district with greater front setback requirements, the principal building shall also comply with the greater setback requirement. The remaining property lines shall be considered side yard lines and the building shall comply with the minimum side yard requirements for the district in which the lot… Residential zoning covers 82.8% and open space 0%.
Where does Realmo's Teaneck market data come from?
Realmo compiles Teaneck, NJ figures from 7 recent recorded sales, 17 active sale listings, 18 active lease listings, 384 tracked off-market properties, the current Teaneck zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 17 active for-sale and 18 active for-lease listings in Teaneck, 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: 3,939 zoned acres across 18 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
