Montville, NJ
Commercial Real Estate Market Trends & Data

$779 Avg asking sale price
$21 Avg asking lease rate
11,469 SF Avg unit lease size
49,009 SF Avg building size for sale
7.19% Average cap rate

Montville's Demographic Profile

Montville has 7,845 households and a median income of $155,397, 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 22,354
# Households 7,845
Median age 45
Median household income $155,397
Avg household size 3.0
Renter-occupied housing units 1,338
5-year population change 0%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Montville $313 2,393 SF 8.13%
Boonton $289 4,256 SF 8.13%
Nearby Retail Markets Avg Cost/SF Typical Size
Montville $1,460 7,216 SF
Lincoln Park $278 13,034 SF
Fairfield $948 10,267 SF
Boonton $208 5,831 SF
Parsippany $348 3,717 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
West Orange $200 21,783 SF 7.22%
Montclair $246 5,238 SF 7.22%
Dover $443 7,631 SF 7.02%
Paterson $300 14,070 SF 8.01%

Commercial Properties For Sale in Montville

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

315 Mechanic Street, 115 Cedar Street

Boonton, NJ 07005

  • 30,000 SF Industrial Building
  • $4,900,000
For Sale

Lightbridge Academy

West Caldwell, NJ 07006

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

301-325 Division Street

Boonton, NJ 07005

  • 52,000 SF Industrial Building
  • $15,000,000
For Sale

G3A

Montville, NJ 07045

  • 7,000 SF Office Building
  • $165,000
For Sale

Industrial Zone - 2+ Acre

Montville Township, NJ 07045

  • 2.18 AC Lot
  • 1 Industrial Lot
  • $799,000
For Sale

FREESTANDING BLDG

Montville, NJ 07045

  • 3,200 SF Office Building
  • $1,495,000

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

Commercial Markets Avg Cost/SF Average Size
Montville $779 49,009 SF
Lincoln Park $360 23,916 SF
Fairfield $633 20,635 SF

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

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

Montville 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 Montville?

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

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

How does Montville compare to nearby commercial real estate markets?

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

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