Neptune, NJ
Commercial Real Estate Market Trends & Data

Neptune's Demographic Profile

Neptune has 12,230 households and a median income of $84,206, 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 29,272
# Households 12,230
Median age 46
Median household income $84,206
Avg household size 2.0
Renter-occupied housing units 4,671
5-year population change +1%

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

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Neptune $427 7,398 SF 5.84%
Neptune City $842 17,016 SF 5.84%
Nearby Retail Markets Avg Cost/SF Typical Size
Neptune $389 5,412 SF
Neptune City $438 3,435 SF
Asbury Park $410 7,273 SF
Wanamassa $350 6,000 SF
Ocean $470 7,963 SF

Commercial Properties For Sale in Neptune

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

21 Main St

Asbury Park, NJ 07712

  • 9,000 SF Retail Building
  • $2,500,000
For Sale

1106 Main St

Asbury Park, NJ 07712

  • 3,000 SF Multifamily
  • $2,500,000
For Sale

907 Grand Ave

Asbury Park, NJ 07712

  • 9,170 SF Retail Building
  • $2,450,000
For Sale

13 Main St

Bradley Beach, NJ 07720

  • 760 SF Office Building
  • $589,000
For Sale

Retail Warehouse Corner

Neptune City, NJ 07753

  • 10,000 SF Flex Building
  • $2,999,000
For Sale

3304 Highway 66, Neptune, Monmouth OYO Motel

Tinton Falls, NJ 07753

  • 2.20 AC Lot
  • 1 Commercial Lot
  • $2,800,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Neptune $403 26,245 SF
Neptune City $437 8,947 SF
Asbury Park $429 17,337 SF
Wanamassa $490 3,575 SF
Ocean $442 24,671 SF

Multifamily Properties For Sale in Neptune

For Sale

704-720 Mattison Ave

Asbury Park, NJ 07712

  • 61,865 SF Multifamily
  • $5,000,000

Regional Demographic Comparison

This comparison places Neptune 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 Neptune or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Neptune 29,272 12,230 46 $84,206 2 4,671 1%
Asbury Park 16,129 7,616 39 $57,667 2 5,778 1%
Wanamassa 4,192 1,554 44 $155,499 3 185 -1%

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

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

Neptune 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 Neptune?

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

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

How does Neptune compare to nearby commercial real estate markets?

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

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