For Sale
Fair Lawn, NJ
Commercial Real Estate Market Trends & Data
$281
Avg asking sale price
$22
Avg asking lease rate
6,348 SF
Avg unit lease size
216,079 SF
Avg building size for sale
7.27%
Average cap rate
Fair Lawn's Demographic Profile
Fair Lawn has 12,342 households and a median income of $132,685, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 35,388 |
| # Households | 12,342 |
| Median age | 43 |
| Median household income | $132,685 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 2,991 |
| 5-year population change | 0% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Fair Lawn, NJ
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Fair Lawn | $288 | 7,636 SF | 8.05% |
| Glen Rock | $322 | 5,500 SF | 6.06% |
| Elmwood Park | $260 | 8,915 SF | 8.05% |
| Saddle Brook | $300 | 8,308 SF | 8.05% |
| Hawthorne | $347 | 2,825 SF | 6.06% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Fair Lawn | $368 | 14,918 SF |
| Elmwood Park | $324 | 13,736 SF |
| Saddle Brook | $327 | 10,719 SF |
| Paramus | $299 | 14,974 SF |
| Paterson | $371 | 9,816 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Fair Lawn | $235 | 725,987 SF | 8.00% |
| Elmwood Park | $220 | 6,300 SF | 8.00% |
| Saddle Brook | $337 | 3,465 SF | 8.00% |
| Paterson | $282 | 1,279,216 SF | 8.01% |
Commercial Properties For Sale in Fair Lawn
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
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 Fair Lawn pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| Fair Lawn | $281 | 216,079 SF |
| Glen Rock | $443 | 6,648 SF |
| Elmwood Park | $312 | 16,114 SF |
| Saddle Brook | $339 | 11,626 SF |
| Hawthorne | $235 | 725,210 SF |
Regional Demographic Comparison
This comparison places Fair Lawn 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 Fair Lawn or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| Elmwood Park | 20,916 | 7,479 | 42 | $76,344 | 3 | 3,307 | -1% |
| Saddle Brook | 13,423 | 5,040 | 44 | $113,049 | 3 | 1,528 | -2% |
| Hawthorne | 18,368 | 7,051 | 42 | $104,985 | 3 | 2,658 | -4% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Fair Lawn, 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 Fair Lawn
View All Commercial Real Estate For Sale in Fair Lawn
Is Fair Lawn a good market for a first-time commercial real estate investor?
Fair Lawn 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 Fair Lawn?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Fair Lawn. 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 Fair Lawn?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Fair Lawn. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does Fair Lawn compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Fair Lawn. 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 Fair Lawn acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Fair Lawn, 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
