Fairfield, NJ
Commercial Real Estate Market Trends & Data

$634 Avg asking sale price
$20 Avg asking lease rate
13,375 SF Avg unit lease size
22,709 SF Avg building size for sale
6.25% Average cap rate

Fairfield's Demographic Profile

Fairfield has 2,948 households and a median income of $109,305, 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 8,444
# Households 2,948
Median age 45
Median household income $109,305
Avg household size 3.0
Renter-occupied housing units 430
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Fairfield, NJ

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Fairfield $948 10,267 SF
West Caldwell $942 4,349 SF
North Caldwell $521 5,611 SF
Lincoln Park $278 13,034 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Montclair $246 5,238 SF 7.22%
West Orange $200 18,675 SF 7.22%
Paterson $289 12,489 SF 9.22%
Clifton $376 13,536 SF 7.84%
Bloomfield $231 14,839 SF 7.22%

Commercial Properties For Sale in Fairfield

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

Lightbridge Academy

West Caldwell, NJ 07006

  • 10,610 SF Retail Building
  • 6.25% Cap Rate
  • $5,368,856
For Sale

584-588 Us Highway 46 East

Fairfield, NJ 07004

  • 4,000 SF Retail Building
  • $1,550,000
For Sale

Lincoln Park Hospitality Development Site

Lincoln Park, NJ 07035

  • 0.61 AC Lot
  • 1 Commercial Lot
  • $250,000
For Sale

G205 206 207

Fairfield, NJ 07004

  • 16,000 SF Office Building
  • $415,000
For Sale

588 US Highway 46

Fairfield, NJ 07004

  • 1,572 SF Office Building
  • $1,100,000
For Sale

860 Bloomfield Ave

West Caldwell, NJ 07006

  • 5,700 SF Office Building
  • $1,250,000

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

Commercial Markets Avg Cost/SF Average Size
Fairfield $634 22,709 SF
Caldwell $344 3,682 SF
West Caldwell $593 10,432 SF
North Caldwell $412 29,306 SF

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

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

Fairfield 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 Fairfield?

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

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

How does Fairfield compare to nearby commercial real estate markets?

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

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