Harrison, NJ
Commercial Real Estate Market Trends & Data

$346 Avg asking sale price
$29 Avg asking lease rate
11,795 SF Avg unit lease size
63,535 SF Avg building size for sale
7.65% Average cap rate

Harrison's Demographic Profile

Harrison has 8,061 households and a median income of $85,421, providing context for rent absorption and tenant demand across retail and multifamily assets. A -4% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 18,749
# Households 8,061
Median age 35
Median household income $85,421
Avg household size 2.0
Renter-occupied housing units 6,862
5-year population change -4%

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

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Kearny $278 7,929 SF 8.00%
Newark $223 23,470 SF 11.00%
Belleville $269 2,989 SF 8.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Ironbound $192 42,880 SF 6.67%
Newark $205 45,751 SF 7.20%
Nearby Retail Markets Avg Cost/SF Typical Size
Harrison $449 28,049 SF
East Newark $477 2,351 SF
Kearny $341 24,311 SF
Ironbound $324 27,836 SF
Newark $266 13,711 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Ironbound $218 102,476 SF 7.50%
Newark $204 89,201 SF 7.50%
East Orange $183 23,050 SF 6.62%

Commercial Properties For Sale in Harrison

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

300 1st St

Harrison, NJ 07029

  • 9,730 SF Industrial Building
  • $2,499,000
For Sale

416 Scott Mobus Pl

East Newark, NJ 07029

  • 0.52 AC Lot
  • 1 Commercial Lot
  • $1,350,000
For Sale

Varsity Dry Cleaners

Harrison, NJ 07029

  • 3,000 SF Retail Building
  • $1,200,000
For Sale

529-545 Raymond Blvd

Newark, NJ 07105

  • 36,500 SF Industrial Building
  • $4,999,000
For Sale

±2,500 SF Industrial Building for Sale

Newark, NJ 07105

  • 3,280 SF Industrial Building
  • Price Upon Request
For Sale

238 Kearny Ave

Kearny, NJ 07032

  • 2,624 SF Retail Building
  • Price Upon Request

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Most Profitable Cities for Multifamily Investments in 2026
Most Profitable Cities for Multifamily Investments in 2026
Data-driven rankings of U.S. cities based on cap rates, pricing, inventory, and renter demand.
What Is a Cap Rate?
What Is a Cap Rate?
How To Calculate This Critical CRE Investment Metric and Why It Matters
How to Buy a Car Wash
How to Buy a Car Wash
Unlock the potential of car wash investments with expert insights on types, costs, and strategies
What Is a Triple-Net Lease? A Guide for CRE Investors
What Is a Triple-Net Lease? A Guide for CRE Investors
A breakdown of how triple-net leases divide costs between landlords and tenants, along with the tax implications and risks investors should weigh before signing.
Net Operating Income (NOI) Calculator
Net Operating Income (NOI) Calculator
Calculating NOI and Understanding the Significance of This Metric in Commercial Real Estate Investment
Common Area Maintenance Charges (CAM)
Common Area Maintenance Charges (CAM)
Understand CAM Fees: How Tenants Share Building Operating Costs
Understanding Existing Office Space Conditions
Understanding Existing Office Space Conditions
The Differences Between Shell Space, Full and Partial Build-Outs and Spec Suites
Tenant Improvement Allowance (TIA)
Tenant Improvement Allowance (TIA)
What Is a Tenant Improvement Allowance in Commercial Real Estate?

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Harrison pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Harrison $346 63,535 SF
East Newark $672 2,351 SF
Kearny $290 46,346 SF
Ironbound $235 63,628 SF
Newark $230 46,637 SF

Multifamily Properties For Sale in Harrison

For Sale

565 Broad St

Newark, NJ 07102

  • 6,000 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Harrison 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 Harrison or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Harrison 18,749 8,061 35 $85,421 2 6,862 -4%
East Newark 1,707 570 38 $60,562 3 438 -12%
Kearny 34,600 11,796 41 $75,722 3 7,077 -8%
Ironbound 46,410 15,949 38 $47,491 3 13,398 -4%
Newark 281,837 100,682 36 $40,924 3 83,328 -4%

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

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

Harrison 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 Harrison?

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

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

How does Harrison compare to nearby commercial real estate markets?

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

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Harrison, 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 Cities
Commercial Market Reports