Hazlet, NJ
Commercial Real Estate Market Trends & Data

$339 Avg asking sale price
$23 Avg asking lease rate
5,703 SF Avg unit lease size
8,092 SF Avg building size for sale
6.38% Average cap rate

Hazlet's Demographic Profile

Hazlet has 6,986 households and a median income of $111,376, 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 19,779
# Households 6,986
Median age 45
Median household income $111,376
Avg household size 3.0
Renter-occupied housing units 849
5-year population change -1%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Hazlet $288 10,458 SF 6.76%
Keyport $395 1,850 SF 6.76%
Aberdeen $298 8,460 SF 6.76%
Port Monmouth $227 2,970 SF 6.75%
Nearby Retail Markets Avg Cost/SF Typical Size
Hazlet $395 3,233 SF
Keyport $362 10,802 SF
Cliffwood Beach $297 33,508 SF
Aberdeen $315 10,073 SF
Cliffwood $297 33,508 SF

Commercial Properties For Sale in Hazlet

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

Stabilized Downtown Keyport Mixed-Use

Keyport, NJ 07735

  • 6,000 SF Retail Building
  • Auction Sale
For Sale

175 Highway 36 W

Hazlet Township, NJ 07734

  • 0.81 AC Lot
  • 1 Commercial Lot
  • $995,000
For Sale

5A High St

Matawan, NJ 07747

  • 1,600 SF Specialty
  • $848,900
For Sale

Route 36

Hazlet, NJ 07730

  • 0.13 AC Lot
  • 1 Commercial Lot
  • $650,000
For Sale

42 Broad Street, Keyport

Keyport, NJ 07735

  • 2,900 SF Retail Building
  • 6.76% Cap Rate
  • $659,000
For Sale

3115 State Route 35

Hazlet, NJ 07730

  • 3,229 SF Retail Building
  • 6.00% Cap Rate
  • $1,600,000

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

Commercial Markets Avg Cost/SF Average Size
Hazlet $339 8,092 SF
Keyport $1,452 10,360 SF
Keansburg $247 5,350 SF

Regional Demographic Comparison

This comparison places Hazlet 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 Hazlet or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Hazlet 19,779 6,986 45 $111,376 3 849 -1%
Union Beach 5,485 1,931 42 $115,815 3 279 -1%
Keyport 6,818 2,999 44 $65,916 2 1,505 -2%

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

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

Hazlet 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 Hazlet?

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

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

How does Hazlet compare to nearby commercial real estate markets?

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

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