Cherry Hill, NJ
Commercial Real Estate Market Trends & Data

$257 Avg asking sale price
$18 Avg asking lease rate
8,013 SF Avg unit lease size
21,682 SF Avg building size for sale
7.33% Average cap rate

Cherry Hill's Demographic Profile

Cherry Hill has 5,785 households and a median income of $108,038, providing context for rent absorption and tenant demand across retail and multifamily assets. A +1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 15,166
# Households 5,785
Median age 41
Median household income $108,038
Avg household size 3.0
Renter-occupied housing units 1,899
5-year population change +1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Cherry Hill, NJ

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Cherry Hill $207 14,941 SF 8.52%
Cherry Hill Township $210 12,274 SF 8.52%
Maple Shade $319 8,991 SF 6.50%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Cherry Hill $179 70,065 SF 7.08%
Cherry Hill Township $179 56,122 SF 7.08%
Nearby Retail Markets Avg Cost/SF Typical Size
Cherry Hill $275 12,497 SF
Cherry Hill Township $349 9,371 SF
Haddonfield $685 3,500 SF
Maple Shade $230 11,577 SF
Lawnside $95 90,295 SF

Commercial Properties For Sale in Cherry Hill

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

1124-1126 Route 73

Mount Laurel, NJ 08054

  • 2,222 SF Retail Building
  • $1,395,000
For Sale

21 Unit Apartment complex available

Merchantville, NJ 08109

  • 20,094 SF Multifamily
  • $4,500,000
For Sale

Lou & Ann's Deli/Cherry Blossoms Florist

Cherry Hill, NJ 08034

  • 3,400 SF Retail Building
  • $999,000
For Sale

3011 N Centre St

Pennsauken, NJ 08109

  • 4,000 SF Retail Building
  • 8.48% Cap Rate
  • $495,000
For Sale

Price Reduced!

Cherry Hill, NJ 08003

  • 25,337 SF Flex Building
  • 7.08% Cap Rate
  • $4,650,000
For Sale

41 Kings Hwy N

Cherry Hill, NJ 08034

  • 3,676 SF Office Building
  • 6.50% Cap Rate
  • $550,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Cherry Hill pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Cherry Hill $257 21,682 SF
Cherry Hill Township $280 16,061 SF
Haddonfield $528 3,045 SF
Maple Shade $242 9,468 SF
Lawnside $235 61,363 SF

Regional Demographic Comparison

This comparison places Cherry Hill alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Cherry Hill or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Cherry Hill 15,166 5,785 41 $108,038 3 1,899 1%
Cherry Hill Township 34,350 13,590 42 $106,577 3 3,835 1%
Haddonfield 11,751 4,134 41 $172,424 3 703 -1%
Maple Shade 19,872 8,927 39 $65,140 2 4,825 1%
Lawnside 3,078 1,197 43 $73,232 2 405 2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Cherry Hill, NJ and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Cherry Hill

View All Commercial Real Estate For Sale in Cherry Hill
Is Cherry Hill a good market for a first-time commercial real estate investor?

Cherry Hill offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Cherry Hill?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Cherry Hill. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Cherry Hill?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Cherry Hill. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Cherry Hill compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Cherry Hill. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Cherry Hill acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Cherry Hill, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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