Orange, NJ
Commercial Real Estate Market Trends & Data

$354 Avg asking sale price
$21 Avg asking lease rate
8,925 SF Avg unit lease size
11,922 SF Avg building size for sale
6.71% Average cap rate

Orange's Demographic Profile

Orange has 12,433 households and a median income of $47,232, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 33,905
# Households 12,433
Median age 37
Median household income $47,232
Avg household size 3.0
Renter-occupied housing units 9,769
5-year population change -2%

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

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
East Orange $260 13,111 SF 11.00%
South Orange $334 8,742 SF 6.55%
West Orange $293 7,244 SF 5.00%
Maplewood $635 6,345 SF 6.60%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Orange $385 20,077 SF 7.20%
East Orange $289 37,640 SF 7.20%
West Orange $385 20,077 SF 7.20%
Glen Ridge $105 75,872 SF 7.50%
Nearby Retail Markets Avg Cost/SF Typical Size
Orange $333 9,624 SF
East Orange $266 8,075 SF
South Orange $384 5,452 SF
West Orange $381 67,467 SF
Maplewood $497 6,405 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Orange $246 8,848 SF 7.22%
East Orange $183 23,050 SF 6.62%
West Orange $200 18,675 SF 7.22%
Maplewood $365 18,267 SF 7.20%
Irvington $257 6,800 SF 7.20%

Commercial Properties For Sale in Orange

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

61-63 Chestnut St

West Orange, NJ 07052

  • 6,615 SF Multifamily
  • 7.22% Cap Rate
  • $1,250,000
For Sale

Mike's auto

Orange, NJ 07050

  • 0.33 AC Lot
  • 1 Commercial Lot
  • $4,100,000
For Sale

345-346 Columbia St Orange, NJ

Orange, NJ

  • $750,000
For Sale

Orange Industrial Park

East Orange, NJ 07017

  • 43,560 SF Industrial Building
  • 7.20% Cap Rate
  • $1,250,000
For Sale

47 Chestnut St

West Orange, NJ 07052

  • 1,800 SF Retail Building
  • 6.50% Cap Rate
  • $599,900
For Sale

390 Orange Rd

Montclair, NJ 07042

  • 3,861 SF Multifamily
  • 5.93% Cap Rate
  • $1,170,000

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

Commercial Markets Avg Cost/SF Average Size
Orange $354 11,922 SF
East Orange $249 19,591 SF
South Orange $372 6,549 SF
West Orange $345 28,233 SF
Maplewood $454 6,117 SF

Regional Demographic Comparison

This comparison places Orange 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 Orange or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Orange 33,905 12,433 37 $47,232 3 9,769 -2%
East Orange 71,316 28,230 38 $56,060 2 21,973 -1%
West Orange 48,842 17,540 44 $120,837 3 5,295 -1%
Maplewood 25,575 8,838 41 $156,052 3 2,301 -2%

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

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

Orange 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 Orange?

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

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

How does Orange compare to nearby commercial real estate markets?

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

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