Edgewater, NJ
Commercial Real Estate Market Trends & Data
Edgewater's Demographic Profile
Edgewater has 7,495 households and a median income of $128,409, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 15,984 |
| # Households | 7,495 |
| Median age | 42 |
| Median household income | $128,409 |
| Avg household size | 2.0 |
| Renter-occupied housing units | 4,823 |
| 5-year population change | +2% |
{{marketTabHeadings[activeMarketTab]}}
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Edgewater | $1,041 | 3,864 SF | 10.00% |
| Palisades Park | $345 | 1,300 SF | 5.62% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Edgewater | $681 | 4,821 SF |
| Cliffside Park | $540 | 4,592 SF |
| Fairview | $568 | 3,532 SF |
| Fort Lee | $600 | 6,601 SF |
| Palisades Park | $620 | 4,036 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Edgewater | $391 | 14,119 SF | 7.00% |
| Cliffside Park | $590 | 3,245 SF | 6.01% |
| Fort Lee | $676 | 3,422 SF | 6.03% |
| Palisades Park | $300 | 5,001 SF | 5.99% |
| Guttenberg | $375 | 7,792 SF | 6.11% |
Commercial Properties For Sale in Edgewater
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
Nearby Commercial Markets
Comparing nearby markets helps investors see whether Edgewater pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Edgewater | $794 | 9,555 SF |
| Cliffside Park | $492 | 5,427 SF |
| Fairview | $439 | 4,532 SF |
| Fort Lee | $504 | 5,975 SF |
| Palisades Park | $506 | 13,741 SF |
Multifamily Properties For Sale in Edgewater
Regional Demographic Comparison
This comparison places Edgewater 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 Edgewater or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Edgewater | 15,984 | 7,495 | 42 | $128,409 | 2 | 4,823 | 2% |
| Fairview | 13,695 | 4,582 | 37 | $58,584 | 3 | 3,182 | -3% |
| Fort Lee | 43,061 | 19,821 | 46 | $94,423 | 2 | 9,769 | 2% |
| Palisades Park | 18,779 | 6,757 | 42 | $74,537 | 3 | 4,651 | -3% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Edgewater, 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 Edgewater
Edgewater 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.
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Edgewater. 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.
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Edgewater. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Edgewater. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Edgewater, 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.
- New York Market Trends
- Bronx Market Trends
- Long Island City Market Trends
- Astoria Market Trends
- Elmhurst Market Trends
- North Bergen Market Trends
- Woodside Market Trends
- Corona Market Trends
- East Elmhurst Market Trends
- Hackensack Market Trends
- Teaneck Market Trends
- Passaic Park Market Trends
- Riverdale Market Trends
- Maspeth Market Trends
- Jackson Heights Market Trends
- Union City Market Trends
- Secaucus Market Trends
- College Point Market Trends
- Sunnyside Market Trends
- West New York Market Trends
- Fort Lee Market Trends
- View more
- View less