For Sale
South Plainfield, NJ
Commercial Real Estate Market Trends & Data
$314
Avg asking sale price
$18
Avg asking lease rate
36,266 SF
Avg unit lease size
17,372 SF
Avg building size for sale
7.46%
Average cap rate
South Plainfield's Demographic Profile
South Plainfield has 8,182 households and a median income of $121,902, 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 | 24,324 |
| # Households | 8,182 |
| Median age | 42 |
| Median household income | $121,902 |
| Avg household size | 3.0 |
| Renter-occupied housing units | 1,554 |
| 5-year population change | -1% |
{{marketTabHeadings[activeMarketTab]}} Market Metrics Near South Plainfield, NJ
↻ Updated Monthly{{marketTabDescriptions[activeMarketTab]}}
| Nearby Office Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| Edison | $376 | 4,250 SF | 6.05% |
| Piscataway | $284 | 6,772 SF | 5.09% |
| Plainfield | $276 | 5,894 SF | 9.14% |
| Nearby Industrial Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| South Plainfield | $227 | 31,365 SF | 6.46% |
| Edison | $255 | 38,709 SF | 8.76% |
| Piscataway | $197 | 37,424 SF | 6.46% |
| Plainfield | $403 | 9,306 SF | 9.14% |
| Nearby Retail Markets | Avg Cost/SF | Typical Size |
|---|---|---|
| South Plainfield | $431 | 7,992 SF |
| Edison | $521 | 3,914 SF |
| Piscataway | $310 | 26,746 SF |
| Plainfield | $555 | 5,954 SF |
| North Plainfield | $169 | 16,380 SF |
| Nearby Multifamily Markets | Avg Cost/SF | Typical Size | Cap Max |
|---|---|---|---|
| South Plainfield | $164 | 11,000 SF | 9.33% |
| Plainfield | $293 | 13,380 SF | 9.33% |
| North Plainfield | $406 | 13,380 SF | 9.33% |
Commercial Properties For Sale in South Plainfield
The listings below reflect how current market pricing and building scale translate into active opportunities available today.
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 South Plainfield pricing and building scale sit above, below, or in line with surrounding areas.
| Commercial Markets | Avg Cost/SF | Average Size |
|---|---|---|
| South Plainfield | $314 | 17,372 SF |
| Edison | $384 | 17,318 SF |
| Piscataway | $295 | 24,301 SF |
| Plainfield | $434 | 8,170 SF |
| North Plainfield | $251 | 11,904 SF |
Regional Demographic Comparison
This comparison places South Plainfield 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 South Plainfield or distributed across surrounding areas.
| City | Population | # Households | Age | Median Household Income | Avg Household Size | Renter Occupied Housing Units | Five Yr Pop Growth % |
|---|---|---|---|---|---|---|---|
| South Plainfield | 24,324 | 8,182 | 42 | $121,902 | 3 | 1,554 | -1% |
| Edison | 107,729 | 36,760 | 41 | $116,441 | 3 | 14,857 | -1% |
| Plainfield | 53,604 | 16,038 | 36 | $67,224 | 3 | 8,652 | -2% |
| North Plainfield | 20,607 | 6,980 | 39 | $76,434 | 3 | 3,332 | -3% |
Disclaimer: The figures on this page reflect LoopNet's active commercial listings in South Plainfield, 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 South Plainfield
View All Commercial Real Estate For Sale in South Plainfield
Is South Plainfield a good market for a first-time commercial real estate investor?
South Plainfield 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 South Plainfield?
The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in South Plainfield. 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 South Plainfield?
Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for South Plainfield. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.
How does South Plainfield compare to nearby commercial real estate markets?
Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to South Plainfield. 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 South Plainfield acquisitions?
This page provides high-level benchmarks for pricing, deal size, and observed cap rates in South Plainfield, 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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