Teaneck, NJ
Commercial Real Estate Market Trends & Data

$293 per SF Avg asking sale price
$28 per SF Avg asking lease rate
4,471 SF Avg unit lease size
15,859 SF Avg building size for sale
6.27% Average cap rate

Teaneck's Demographic Profile

Teaneck has 14,124 households and a median income of $125,540, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 42,314
# Households 14,124
Median age 41
Median household income $125,540
Avg household size 3.0
Renter-occupied housing units 3,859
5-year population change 0%

{{marketTabHeadings[activeMarketTab]}}

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Teaneck $299 12,551 SF 7.75%
Hackensack $299 13,814 SF 7.75%
Leonia $363 21,945 SF 7.31%
Englewood $400 13,208 SF 6.00%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Teaneck $179 23,373 SF 4.14%
Hackensack $255 16,339 SF 3.60%
Englewood $181 8,927 SF 4.14%
Bergenfield $181 12,550 SF 4.14%
Nearby Retail Markets Avg Cost/SF Typical Size
Teaneck $282 11,781 SF
Hackensack $241 16,527 SF
Leonia $302 10,797 SF
Englewood $426 8,880 SF
Ridgefield Park $573 4,399 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Teaneck $449 19,507 SF 6.03%
Englewood $449 14,260 SF 6.03%
Palisades Park $300 5,001 SF 5.99%

Commercial Properties For Sale in Teaneck

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

200 Passaic St

Hackensack, NJ 07601

  • 4,600 SF Office Building
  • $1,300,000
For Sale

Two-Story Professional Office Building

Hackensack, NJ 07601

  • 7,320 SF Office Building
  • 7.50% Cap Rate
  • $1,895,000
For Sale

For Sale

Ridgefield Park, NJ 07660

  • 5,497 SF Retail Building
  • $1,500,000
For Sale

Vacant Lot

Hackensack, NJ 07601

  • 0.17 AC Lot
  • 1 Commercial Lot
  • $1,500,000
For Sale

120 State St

Hackensack, NJ 07601

  • 5,380 SF Office Building
  • $2,150,000
For Sale

121 Cedar Ln

Teaneck, NJ 07666

  • 7,071 SF Office Building
  • $2,090,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

How Investors Evaluate Commercial Real Estate Markets

Where Multifamily Asking Prices Are Rising and Falling in 2026
Where Multifamily Asking Prices Are Rising and Falling in 2026
LoopNet listing data from November 2025 through March 2026 reveals a supply-driven split in multifamily asking prices across U.S. markets, and what it means for investors deciding where to buy.
Online Auctions vs. Traditional Sales
Online Auctions vs. Traditional Sales
Learn how you can strategically use the two transaction methods to achieve stronger outcomes, whether that's a faster deal, maximized sales price, or a low risk of fallouts.
What Are Leasehold Improvements?
What Are Leasehold Improvements?
A complete guide to leasehold improvements, including what qualifies, who owns them, how they affect taxes, and how to maximize their value.
Straight-Line Depreciation in Commercial Real Estate
Straight-Line Depreciation in Commercial Real Estate
Understand how straight-line depreciation works, when to use it, and how it affects your after-tax returns across every stage of ownership.
Small vs. Large Multifamily Real Estate Investing
Small vs. Large Multifamily Real Estate Investing
Compare financing, cash flow, risk, and exit options so you can choose the right property size for your goals.
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
Spec Suites: A Powerful Tool in the Battle To Fill Office Space
New Space, Quick Occupancy, No Construction
Force Majeure Clause
Force Majeure Clause
Understand how force majeure clauses work in commercial real estate leases, including what they cover, when they apply, and how to draft them to manage risk.

Nearby Commercial Markets

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

Commercial Markets Avg Cost/SF Average Size
Teaneck $293 15,859 SF
Bogota $148 24,306 SF
Hackensack $293 15,247 SF
Leonia $329 11,340 SF
Englewood $400 11,786 SF

Multifamily Properties For Sale in Teaneck

For Sale

Garrett Apartments

Englewood, NJ 07631

  • 25,120 SF Multifamily
  • Price Upon Request

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

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

Teaneck 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 Teaneck?

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

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

How does Teaneck compare to nearby commercial real estate markets?

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

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

Nearby Market Trends