Kearny, NJ
Commercial Real Estate Market Trends & Data

$292 Avg asking sale price
$734 Avg asking lease rate
42,267 SF Avg unit lease size
45,284 SF Avg building size for sale
7.22% Average cap rate

Kearny's Demographic Profile

Kearny has 11,796 households and a median income of $75,722, providing context for rent absorption and tenant demand across retail and multifamily assets. A -8% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 34,600
# Households 11,796
Median age 41
Median household income $75,722
Avg household size 3.0
Renter-occupied housing units 7,077
5-year population change -8%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Kearny $278 7,929 SF 8.00%
Jersey City $563 8,882 SF 7.35%
Newark $223 23,470 SF 11.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Ironbound $192 42,880 SF 6.67%
Lyndhurst $331 39,460 SF 4.14%
Nearby Retail Markets Avg Cost/SF Typical Size
Kearny $341 24,311 SF
Harrison $449 28,049 SF
East Newark $477 2,351 SF
Ironbound $324 27,836 SF
North Arlington $313 13,586 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Ironbound $218 102,476 SF 7.50%
Jersey City $333 14,188 SF 7.30%
Newark $211 85,583 SF 7.50%

Commercial Properties For Sale in Kearny

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

1031 Exchange Opportunity with NNN Anchor

Newark, NJ 07104

  • 21,351 SF Multifamily
  • Auction Sale
For Sale

300 1st St

Harrison, NJ 07029

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

699 Elm St

Kearny, NJ 07032

  • 2,000 SF Retail Building
  • $750,000
For Sale

169 Culver Ave

Jersey City, NJ 07305

  • 0.08 AC Lot
  • 1 Residential Income Lot
  • $1,800,000
For Sale

934 Pavonia Ave

Jersey City, NJ 07306

  • 5,469 SF Multifamily
  • $2,400,000
For Sale

51 Cortlandt St

Belleville, NJ 07109

  • 5,200 SF Flex Building
  • $1,300,000

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

Commercial Markets Avg Cost/SF Average Size
Kearny $292 45,284 SF
Harrison $346 63,535 SF
East Newark $477 2,351 SF
Ironbound $235 63,628 SF
North Arlington $280 11,926 SF

Multifamily Properties For Sale in Kearny

For Sale

1031 Exchange Opportunity with NNN Anchor

Newark, NJ 07104

  • 21,351 SF Multifamily
  • Auction Sale
For Sale

565 Broad St

Newark, NJ 07102

  • 6,000 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places Kearny 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 Kearny or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Kearny 34,600 11,796 41 $75,722 3 7,077 -8%
Harrison 18,749 8,061 35 $85,421 2 6,862 -4%
East Newark 1,707 570 38 $60,562 3 438 -12%
Ironbound 46,410 15,949 38 $47,491 3 13,398 -4%
North Arlington 14,934 5,987 43 $98,580 3 3,069 -4%

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

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

Kearny 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 Kearny?

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

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

How does Kearny compare to nearby commercial real estate markets?

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

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