East Orange, NJ
Commercial Real Estate Market Trends & Data

$298 per SF Avg asking sale price
$30 per SF Avg asking lease rate
9,060 SF Avg unit lease size
16,385 SF Avg building size for sale
6.38% Average cap rate

East Orange's Demographic Profile

East Orange has 28,230 households and a median income of $56,060, 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 71,316
# Households 28,230
Median age 38
Median household income $56,060
Avg household size 2.0
Renter-occupied housing units 21,973
5-year population change -1%

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↻ Updated Monthly

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Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
East Orange $289 38,913 SF 7.20%
Orange $591 19,088 SF 7.20%
Glen Ridge $146 75,872 SF 7.50%
West Orange $427 19,088 SF 7.20%
Nearby Retail Markets Avg Cost/SF Typical Size
East Orange $300 5,963 SF
Orange $459 5,519 SF
South Orange $384 5,452 SF
Glen Ridge $435 573 SF
East Newark $455 3,000 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
East Orange $193 20,734 SF 6.62%
Orange $246 5,537 SF 7.22%
Irvington $114 302,285 SF 7.49%
West Orange $247 17,974 SF 7.22%
Newark $240 135,039 SF 7.50%

Commercial Properties For Sale in East Orange

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

High-Traffic Retail/Residential Mixed Use

Bloomfield, NJ 07003

  • 4,980 SF Retail Building
  • Auction Sale
For Sale

401 Orange Rd

Montclair, NJ 07042

  • 2,509 SF Retail Building
  • $1,100,000
For Sale

52 Washington St

West Orange, NJ 07052

  • 10,000 SF Retail Building
  • $2,750,000
For Sale

North Newark at Belleville Border

Newark, NJ 07107

  • 5,218 SF Multifamily
  • $1,250,000
For Sale

2-8 Central Ave

East Orange, NJ 07018

  • 120,000 SF Industrial Building
  • $12,000,000
For Sale

Rare: Fully Occupied 3-Tenant Retail

Newark, NJ 07106

  • 2,495 SF Retail Building
  • 6.69% Cap Rate
  • $599,999

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

Commercial Markets Avg Cost/SF Average Size
East Orange $298 16,385 SF
Orange $391 8,927 SF
South Orange $372 6,549 SF
Glen Ridge $470 15,254 SF
East Newark $283 9,373 SF

Multifamily Properties For Sale in East Orange

For Sale

North Newark at Belleville Border

Newark, NJ 07107

  • 5,218 SF Multifamily
  • $1,250,000
For Sale

214 Glenwood Ave

East Orange, NJ 07017

  • 70,520 SF Multifamily
  • 6.62% Cap Rate
  • $7,650,000
For Sale

393 Main St

East Orange, NJ 07018

  • 25,000 SF Multifamily
  • 6.52% Cap Rate
  • $3,425,000

Regional Demographic Comparison

This comparison places East Orange 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 East Orange or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
East Orange 71,316 28,230 38 $56,060 2 21,973 -1%
Orange 33,905 12,433 37 $47,232 3 9,769 -2%
East Newark 1,707 570 38 $60,562 3 438 -12%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in East Orange, 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 East Orange

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

East Orange 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 East Orange?

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

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

How does East Orange compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to East Orange. 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 East Orange acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in East Orange, 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