Commercial Real Estate Market in West Orange, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
65 active listings and 456 off-market properties in West Orange, NJ. Commercial property asks $285/SF to buy and $23.79/SF/Yr to lease.
Market Trends
West Orange, NJ spans 12.0 square miles in Essex County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office space in West Orange, NJ asks $181/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 West Orange, NJ asks $133/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 West Orange, 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 West Orange, NJ asks $235/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
West Orange, NJ has 48,867 residents in 18,300 households. Density runs 4,067 people per square mile. Median household income here is $131,456 and median gross rent $1,791 a month.
48,867
Population
18,300
Households
2.7
Avg Household Size
42
Median Age
53%
College-Educated
92%
High-School Grad
12 sq mi
ZIP Area
4,067
Density / Sq Mi
$131,456
Median Household Income
$63,458
Median Earnings
$1,791
Median Rent
$527,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Glen Ridge | — | — |
| Orange | — | — |
| Montclair | — | $155.16 |
| Verona | — | — |
Commercial property in West Orange, NJ asks $285/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in West Orange?
Commercial property in West Orange, NJ asks an average of $285 per square foot. Multifamily carries the highest asking price at $235/SF.
How much does it cost to lease commercial space in West Orange?
Asking lease rates in West Orange, NJ average $23.79 per square foot per year.
Where does Realmo's West Orange market data come from?
Realmo compiles West Orange, NJ figures from 5 recent recorded sales, 41 active sale listings, 24 active lease listings, 456 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 41 active for-sale and 24 active for-lease listings in West Orange, 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
