Commercial Real Estate Market in Washington, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
20 active listings and 325 off-market properties in Washington, NJ.
Market Trends
Washington, NJ spans 31.6 square miles in Warren County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Washington, 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 Washington, NJ asks $146/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 Washington, 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 Washington, NJ asks $228/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
- Agricultural 12.4%
- Residential 1.6%
- Commercial 0.2%
- Industrial 0.1%
Largest Zones share of zoned land by district
Pinelands Preservation
Special Agricultural
Pinelands Village Residential
Pinelands Village Neighborhood Business
Pinelands Village Industrial
Pinelands Preservation (PP)
Intent of this zone to recognize the environmental and cultural resources of the Pinelands and the need to preserve these entities throughout the Township
Market overview
Demographics & Economy
Washington, NJ has 14,971 residents in 6,290 households. Density runs 474 people per square mile. Median household income here is $100,852 and median gross rent $1,411 a month.
14,971
Population
6,290
Households
2.4
Avg Household Size
44
Median Age
38%
College-Educated
95%
High-School Grad
31.6 sq mi
ZIP Area
474
Density / Sq Mi
$100,852
Median Household Income
$55,316
Median Earnings
$1,411
Median Rent
$333,800
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Oxford | — | — |
| Port Murray | — | — |
| Buttzville | — | — |
| Glen Gardner | — | — |
Commercial property in Washington, NJ asks $261/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Washington?
Commercial property in Washington, NJ asks an average of $261 per square foot. The 8 most recent recorded sales traded at a median of $110/SF, so asking sits 137% above the achieved median. Multifamily carries the highest asking price at $228/SF.
Where does Realmo's Washington market data come from?
Realmo compiles Washington, NJ figures from 8 recent recorded sales, 15 active sale listings, 5 active lease listings, 325 tracked off-market properties, the current Washington zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 15 active for-sale and 5 active for-lease listings in Washington, 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: 66,293 zoned acres across 5 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, industrial vacancy is reported at Northeast region level and asking prices run materially above recent closed pricing.
- 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
