North Bergen, NJ
Commercial Real Estate Market Trends & Data
North Bergen's Demographic Profile
North Bergen has 20,227 households and a median income of $71,358, providing context for rent absorption and tenant demand across retail and multifamily assets. A -6% five-year population trend is a key signal for evaluating long-term demand in this market.
| Key Demographic Metric | Value |
|---|---|
| Population | 55,422 |
| # Households | 20,227 |
| Median age | 42 |
| Median household income | $71,358 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 13,037 |
| 5-year population change | -6% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near North Bergen, NJ
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| North Bergen | $1,252 | 3,422 SF | 10.00% |
| Union City | $248 | 6,000 SF | 6.07% |
| Secaucus | $280 | 23,000 SF | 6.07% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| North Bergen | $484 | 11,008 SF | 7.10% |
| Union City | $258 | 11,706 SF | 4.00% |
| Fairview | $413 | 10,288 SF | 7.10% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| North Bergen | $416 | 5,148 SF |
| West New York | $191 | 6,633 SF |
| Weehawken | $427 | 5,586 SF |
| Union City | $353 | 5,372 SF |
| Fairview | $512 | 3,104 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| North Bergen | $344 | 7,914 SF | 8.47% |
| West New York | $410 | 6,715 SF | 8.47% |
| Guttenberg | $452 | 10,311 SF | 6.11% |
| Union City | $274 | 8,265 SF | 8.08% |
| Fairview | $369 | 13,481 SF | 6.11% |
Commercial Properties For Sale in North Bergen
Average Price For Sale
↻ Updated MonthlyAverage Size 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 North Bergen pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| North Bergen | $488 | 8,599 SF |
| West New York | $385 | 7,116 SF |
| Guttenberg | $543 | 7,033 SF |
| Weehawken | $330 | 7,694 SF |
| Union City | $311 | 8,741 SF |
Multifamily Properties For Sale in North Bergen
Regional Demographic Comparison
This comparison places North Bergen 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 North Bergen or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| North Bergen | 55,422 | 20,227 | 42 | $71,358 | 3 | 13,037 | -6% |
| West New York | 49,599 | 18,994 | 39 | $68,394 | 3 | 15,296 | -4% |
| Guttenberg | 10,568 | 4,292 | 41 | $66,098 | 2 | 2,842 | -6% |
| Union City | 63,299 | 22,222 | 39 | $54,463 | 3 | 17,885 | -5% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in North Bergen, 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 North Bergen
North Bergen 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.
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in North Bergen. 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.
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for North Bergen. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to North Bergen. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in North Bergen, 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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