Cherry Hill Township, NJ
Commercial Real Estate Market Trends & Data

$268 Avg asking sale price
$171 Avg asking lease rate
8,260 SF Avg unit lease size
16,935 SF Avg building size for sale
7.01% Average cap rate

Cherry Hill Township's Demographic Profile

Cherry Hill Township has 13,590 households and a median income of $106,577, 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 34,350
# Households 13,590
Median age 42
Median household income $106,577
Avg household size 3.0
Renter-occupied housing units 3,835
5-year population change +1%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Cherry Hill Township $196 14,048 SF 8.52%
Cherry Hill $191 21,095 SF 10.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Cherry Hill Township $192 47,898 SF 7.08%
Cherry Hill $179 70,065 SF 7.08%
Nearby Retail Markets Avg Cost/SF Typical Size
Cherry Hill Township $317 10,755 SF
Haddonfield $482 10,500 SF
Cherry Hill $259 14,519 SF
Westmont $362 2,685 SF
Lawnside $95 90,295 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Pennsauken $261 15,635 SF 10.06%
Camden $270 12,572 SF 10.06%

Commercial Properties For Sale in Cherry Hill Township

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

COMMERCIAL CONDOMINIMUM

Voorhees, NJ 08043

  • 100,000 SF Retail Building
  • 6.00% Cap Rate
  • $3,250,000
For Sale

416 Haddon Ave

Collingswood, NJ 08108

  • 1,246 SF Office Building
  • $300,000
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

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 Township pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Cherry Hill Township $268 16,935 SF
Haddonfield $443 9,039 SF
Cherry Hill $249 22,704 SF
Westmont $267 14,744 SF
Lawnside $235 61,363 SF

Regional Demographic Comparison

This comparison places Cherry Hill Township 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 Township 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 Township 34,350 13,590 42 $106,577 3 3,835 1%
Haddonfield 11,751 4,134 41 $172,424 3 703 -1%
Cherry Hill 15,166 5,785 41 $108,038 3 1,899 1%
Westmont 13,046 5,625 42 $110,832 2 1,990 -2%
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 Township, 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 Township

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

Cherry Hill Township 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 Township?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Cherry Hill Township. 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 Township?

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

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

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Cherry Hill Township. 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 Township acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Cherry Hill Township, 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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