For Sale
Montville, NJ
Commercial Real Estate Market Trends & Data
$680
Avg asking sale price
$19
Avg asking lease rate
11,206 SF
Avg unit lease size
42,677 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{{marketTabDescriptions[activeMarketTab]}}
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| Montville | $1,460 | 7,216 SF |
| Lincoln Park | $278 | 13,333 SF |
| Fairfield | $946 | 10,446 SF |
| Boonton | $392 | 2,915 SF |
| Parsippany | $397 | 2,990 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| West Orange | $342 | 17,974 SF | 7.22% |
| Montclair | $245 | 10,163 SF | 7.22% |
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
For Sale
Average Price For Sale
↻ Updated MonthlyAverage Price For Lease
↻ Updated MonthlyNumber of Listings
↻ Updated MonthlyCap Rate
↻ Updated MonthlyHow Investors Evaluate Commercial Real Estate Markets
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 | $680 | 42,677 SF |
| Pine Brook | $333 | 51,013 SF |
| Lincoln Park | $360 | 24,016 SF |
| Fairfield | $636 | 20,664 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.
Nearby Market Trends
