Commercial Real Estate Market in Wayne, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
53 active listings and 678 off-market properties in Wayne, NJ. Commercial property asks $145/SF to buy and $24.25/SF/Yr to lease.
Market Trends
Wayne, NJ spans 23.9 square miles in Passaic County, New Jersey. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Wayne, NJ asks $303/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail space in Wayne, NJ asks $197/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 Wayne, 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 Wayne, NJ asks $280/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 57.5%
- Open space 22%
- Commercial 7.5%
- Industrial 7.3%
- Planned_development 1.5%
Largest Zones share of zoned land by district
Residence 15000 Square Feet
Open Space
Residence 30000 Square Feet
Industrial
Highway Commercial
Wayne, NJ zones 16,127 acres across 23 districts. Commercial zoning covers 7.5% of zoned land, residential 57.5%, open space 22% and industrial 7.3%. The largest single district is Residence 15000 Square Feet at 39.3%. For commercial buyers the practical constraint is that only 14.8% of land carries a commercial or industrial designation.
Residence 15000 Square Feet (R-15)
The intent of this zone is to promote residential uses on 15,000 square foot lots.
Market overview
Demographics & Economy
Wayne, NJ has 55,284 residents in 19,396 households. Density runs 2,315 people per square mile. Median household income here is $151,561 and median gross rent $2,126 a month.
55,284
Population
19,396
Households
2.9
Avg Household Size
43
Median Age
57%
College-Educated
96%
High-School Grad
23.9 sq mi
ZIP Area
2,315
Density / Sq Mi
$151,561
Median Household Income
$70,100
Median Earnings
$2,126
Median Rent
$596,700
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Lincoln Park | — | — |
| Fairfield | — | — |
| Totowa | — | — |
Commercial property in Wayne, NJ asks $145/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Wayne?
Commercial property in Wayne, NJ asks an average of $145 per square foot. The 5 most recent recorded sales traded at a median of $238/SF. Office carries the highest asking price at $303/SF.
How much does it cost to lease commercial space in Wayne?
Asking lease rates in Wayne, NJ average $24.25 per square foot per year.
What zoning applies to commercial property in Wayne?
Wayne, NJ zones 16,127 acres across 23 districts, of which 7.5% is commercial and 7.3% industrial. The largest single district is Residence 15000 Square Feet at 39.3% of zoned land. The intent of this zone is to promote residential uses on 15,000 square foot lots. Residential zoning covers 57.5% and open space 22%.
Where does Realmo's Wayne market data come from?
Realmo compiles Wayne, NJ figures from 7 recent recorded sales, 25 active sale listings, 28 active lease listings, 678 tracked off-market properties, the current Wayne zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 25 active for-sale and 28 active for-lease listings in Wayne, 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: 16,127 zoned acres across 23 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 30 September 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 30 September 2026 · How Realmo checks market page data · Report a data issue
