Commercial Real Estate Market in Trenton, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
417 active listings and 4,591 off-market properties in Trenton, NJ. Commercial property asks $116/SF to buy and $18.66/SF/Yr to lease.
Market Trends
Trenton, NJ spans 103.9 square miles in Mercer County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Trenton, 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 Trenton, 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 Trenton, 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 Trenton, NJ asks $167/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 48.9%
- Mixed use 21.3%
- Open space 16.9%
- Industrial 8.4%
- Civic 4.6%
Largest Zones share of zoned land by district
High Density Residential District
Open Space And Recreation District
Medium Density Residential District
Light Industrial District
Low Density Single Family Residential District
Trenton, NJ zones 5,280 acres across 20 districts. The largest single district is High Density Residential District at 22.7%. For commercial buyers the practical constraint is that only 8.4% of land carries a commercial or industrial designation.
Light Industrial District (I-L)
As a conditional use in the I-L and I-G Districts when located upon a contaminated site, defined as a site where applicable State and or Federal remediation standards are exceeded, and where active remediation will occur to remove or destroy the contaminant and result in the issuance of sitewide unrestricted use Remedial Action Outcome (RAO). 2. As a permitt…
Market overview
Demographics & Economy
Trenton, NJ has 275,801 residents in 107,583 households. Density runs 2,655 people per square mile. Median household income here is $85,681 and median gross rent $1,511 a month.
275,801
Population
107,583
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
87%
High-School Grad
103.9 sq mi
ZIP Area
2,655
Density / Sq Mi
$85,681
Median Household Income
$47,340
Median Earnings
$1,511
Median Rent
$274,106
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Hamilton Township | — | — |
| Morrisville | — | $17.67 |
| Ewing Township | — | — |
| Yardley | — | $21.62 |
Commercial property in Trenton, NJ asks $116/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Trenton?
Commercial property in Trenton, NJ asks an average of $116 per square foot. The 4 most recent recorded sales traded at a median of $154/SF. Multifamily carries the highest asking price at $167/SF.
How much does it cost to lease commercial space in Trenton?
Asking lease rates in Trenton, NJ average $18.66 per square foot per year.
What zoning applies to commercial property in Trenton?
Trenton, NJ zones 5,280 acres across 20 districts, of which 0% is commercial and 8.4% industrial. The largest single district is High Density Residential District at 22.7% of zoned land. Residential zoning covers 48.9% and open space 16.9%.
Where does Realmo's Trenton market data come from?
Realmo compiles Trenton, NJ figures from 6 recent recorded sales, 298 active sale listings, 119 active lease listings, 4,591 tracked off-market properties, the current Trenton zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 298 active for-sale and 119 active for-lease listings in Trenton, 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: 5,280 zoned acres across 20 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
