Pennsville, NJ
Commercial Real Estate Market Trends & Data

$258 Avg asking sale price
$3,561 Avg asking lease rate
76,064 SF Avg unit lease size
144,108 SF Avg building size for sale
6.63% Average cap rate

Pennsville's Demographic Profile

Pennsville has 5,069 households and a median income of $73,220, 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 12,282
# Households 5,069
Median age 45
Median household income $73,220
Avg household size 2.0
Renter-occupied housing units 1,379
5-year population change +1%

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

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Nearby Retail Markets Avg Cost/SF Typical Size
Pennsville $442 9,905 SF
New Castle $695 12,011 SF
Mannington $62 6,747 SF
Penns Grove $65 9,269 SF
Carneys Point $183 7,773 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Carneys Point $183 5,757 SF 8.09%
Wilmington $185 4,033 SF 8.09%
Newark $397 11,472 SF 5.83%
Pitman $423 6,500 SF 6.12%
Glassboro $938 4,054 SF 7.06%

Commercial Properties For Sale in Pennsville

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

Manor Park Shopping Center

New Castle, DE 19720

  • 26,896 SF Retail Building
  • 8.00% Cap Rate
  • $5,975,000
For Sale

71 E Main St

Penns Grove, NJ 08069

  • 9,269 SF Retail Building
  • $600,000
For Sale

Dash In

New Castle, DE 19720

  • 3,371 SF Retail Building
  • 5.25% Cap Rate
  • $5,714,286
For Sale

601 Garasches Ln

Wilmington, DE 19801

  • 9 AC Lot
  • 1 Commercial Lot
  • $9,900,000
For Sale

27 Hubbell Ave

Salem, NJ 08079

  • 60,000 SF Industrial Building
  • $3,750,000
For Sale

201-203 E Broadway

Salem, NJ 08079

  • 4,225 SF Office Building
  • $250,000

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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Multifamily Financing Options & Rates
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Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Pennsville $258 144,108 SF
New Castle $452 16,622 SF
Mannington $119 203,707 SF

Regional Demographic Comparison

This comparison places Pennsville 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 Pennsville or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Pennsville 12,282 5,069 45 $73,220 2 1,379 1%
New Castle 5,725 2,530 46 $81,001 2 905 2%

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

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

Pennsville 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 Pennsville?

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

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

How does Pennsville compare to nearby commercial real estate markets?

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

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