Commercial Real Estate Market in Wanaque, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
17 active listings and 123 off-market properties in Wanaque, NJ.
Market Trends
Wanaque, NJ spans 8.4 square miles in Passaic County, New Jersey. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Passaic County, office space asks $303/SF to buy. Office vacancy in Wanaque, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Passaic County, retail space asks $197/SF to buy. Retail vacancy in Wanaque, NJ runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Wanaque, 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%.
Multifamily
Across Passaic County, multifamily space asks $296/SF to buy. Multifamily vacancy in Wanaque, NJ runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Open space 46.3%
- Residential 44.9%
- Industrial 4.4%
- Commercial 3.5%
- Civic 0.3%
Largest Zones share of zoned land by district
Wanaque, NJ zones 5,605 acres across 18 districts. Commercial zoning covers 3.5% of zoned land, residential 44.9%, open space 46.3% and industrial 4.4%. The largest single district is Water Resource Conservation at 46.3%. For commercial buyers the practical constraint is that only 7.9% of land carries a commercial or industrial designation.
WRC District. A. Purpose. The purpose and intent of this district is to preserve and perpetuate, in an open state, certain areas, such as lakes and waterways, wetlands and marshes, floodplains and streambeds, slopes and other areas of aesthetic value, which, because of their unique physical features, are deemed desirable and functional as natural drainageway…
Market overview
Demographics & Economy
Wanaque, NJ has 6,350 residents in 2,594 households. Density runs 759 people per square mile. Median household income here is $113,673 and median gross rent $2,008 a month.
Tools
Frequently Asked Questions
How much does it cost to lease commercial space in Wanaque?
What zoning applies to commercial property in Wanaque?
Where does Realmo's Wanaque market data come from?
Methodology & data sources
- Asking prices and medians
- There are 9 active for-sale and 8 active for-lease listings in Wanaque, NJ. Too few for-sale listings state a price per square foot for a sale median; the rent median is based on 4 of the for-lease listings that state a rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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: 5,605 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
