Cherry Hill, NJ
Commercial Real Estate Market Trends & Data

$238 per SF Avg asking sale price
$17 per SF Avg asking lease rate
5,447 SF Avg unit lease size
19,659 SF Avg building size for sale
7.61% 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%

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Cherry Hill $175 19,110 SF 10.00%
Maple Shade $227 8,991 SF 6.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Cherry Hill $289 14,873 SF
Haddonfield $482 10,500 SF
Maple Shade $206 17,956 SF
Lawnside $87 90,295 SF
Westmont $362 2,826 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

2431 Church Rd

Cherry Hill, NJ 08002

  • 6,400 SF Retail Building
  • $1,300,000
For Sale

1940 Old Cuthbert Rd

Cherry Hill, NJ 08034

  • 1.71 AC Lot
  • 1 Commercial Lot
  • $850,000
For Sale

Suite 107 & 108 Willow Ridge Offices

Marlton, NJ 08053

  • 1,776 SF Office Building
  • $425,000
For Sale

Ideal Tile

Mount Laurel, NJ 08054

  • 16,000 SF Retail Building
  • $2,650,000
For Sale

336-338 Route 73

Voorhees, NJ 08043

  • 1.32 AC Lot
  • 1 Commercial Lot
  • $600,000
For Sale

79 S Maple Ave

Marlton, NJ 08053

  • 2,564 SF Office Building
  • $649,900

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

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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 $238 19,659 SF
Haddonfield $446 7,901 SF
Maple Shade $230 14,873 SF
Lawnside $87 90,295 SF
Westmont $245 12,274 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%
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%
Westmont 13,046 5,625 42 $110,832 2 1,990 -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.

Nearby Market Trends