New Brunswick, NJ
Commercial Real Estate Market Trends & Data

$336 Avg asking sale price
$165 Avg asking lease rate
20,746 SF Avg unit lease size
26,431 SF Avg building size for sale
5.64% Average cap rate

New Brunswick's Demographic Profile

New Brunswick has 15,534 households and a median income of $46,676, 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 53,845
# Households 15,534
Median age 28
Median household income $46,676
Avg household size 3.0
Renter-occupied housing units 12,874
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near New Brunswick, NJ

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
New Brunswick $472 22,768 SF
Highland Park $750 8,964 SF
Milltown $416 7,537 SF
North Brunswick $495 18,457 SF
East Brunswick $396 5,825 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
New Brunswick $350 29,509 SF 4.66%
North Brunswick $293 35,200 SF 4.66%

Commercial Properties For Sale in New Brunswick

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

100% Leased NNN Retail Center - Route 27

Somerset, NJ

  • Retail Building
  • Auction Sale
For Sale

459 Somerset St

Somerset, NJ 08873

  • 21,000 SF Industrial Building
  • $3,675,000
For Sale

35 Churchill Ave

Somerset, NJ 08873

  • 1.01 AC Lot
  • 1 Commercial Lot
  • $899,000
For Sale

78 Veronica Ave

Somerset, NJ 08873

  • 9,206 SF Office Building
  • $2,000,000
For Sale

369 Delavan St

New Brunswick, NJ 08901

  • 1,400 SF Flex Building
  • $425,000
For Sale

366 Somerset St

New Brunswick, NJ 08901

  • 35,200 SF Multifamily
  • 4.66% Cap Rate
  • $10,299,000

Average Price For Sale

↻ Updated Monthly

Average Size 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 New Brunswick pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
New Brunswick $336 26,431 SF
Highland Park $435 7,643 SF
Milltown $335 63,025 SF
North Brunswick $254 32,857 SF
East Brunswick $271 30,009 SF

Multifamily Properties For Sale in New Brunswick

For Sale

366 Somerset St

New Brunswick, NJ 08901

  • 35,200 SF Multifamily
  • 4.66% Cap Rate
  • $10,299,000
For Sale

510 Hamilton

Somerset, NJ 08875

  • 89,083 SF Multifamily
  • Price Upon Request

Regional Demographic Comparison

This comparison places New Brunswick 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 New Brunswick or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
New Brunswick 53,845 15,534 28 $46,676 3 12,874 -1%
Highland Park 15,050 6,238 37 $91,030 2 3,718 -1%
Milltown 6,803 2,511 43 $115,145 3 418 -1%
North Brunswick 43,965 15,091 39 $107,581 3 6,875 -1%
East Brunswick 49,785 17,286 44 $128,694 3 3,441 -1%

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

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

New Brunswick 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 New Brunswick?

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

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

How does New Brunswick compare to nearby commercial real estate markets?

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

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