Commercial Real Estate Market in Wantage, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
29 active listings and 16 off-market properties in Wantage, NJ.
Market Trends
Wantage, NJ spans 83.0 square miles in Sussex County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Wantage, 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 Wantage, 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 Wantage, 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 Wantage, 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
Market overview
Demographics & Economy
Wantage, NJ has 18,530 residents in 7,972 households. Density runs 223 people per square mile. Median household income here is $104,441 and median gross rent $1,456 a month.
18,530
Population
7,972
Households
2.3
Avg Household Size
44
Median Age
28%
College-Educated
93%
High-School Grad
83 sq mi
ZIP Area
223
Density / Sq Mi
$104,441
Median Household Income
$46,590
Median Earnings
$1,456
Median Rent
$338,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Sussex | — | — |
| Unionville | — | — |
| Mc Afee | — | — |
| Hamburg | — | — |
Commercial property in Wantage, NJ asks $220/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wantage?
Commercial property in Wantage, NJ asks an average of $220 per square foot. Multifamily carries the highest asking price at $275/SF.
Where does Realmo's Wantage market data come from?
Realmo compiles Wantage, NJ figures from 28 active sale listings, 1 active lease listings, 16 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 28 active for-sale and 1 active for-lease listings in Wantage, 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 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
