5 New Jersey Multifamily Properties for Lease
5 multi-family listings for lease in New Jersey. Average asking rent /SF/yr, 171,800 SF available.
About the New Jersey multi-family market
5 multi-family properties are tracked in New Jersey, representing 2,358,500 SF of rentable building area, of which 171,800 SF is currently marketed as available.
the median marketed suite is 34,000 SF, and listings have been on market a median of 320 days.
The stock splits 2 Class A, 2 Class B, 1 Class C, with construction dates from 1911 to 2003 (median 1971).
The most concentrated submarkets are Hoboken (2), Jersey City Waterfront (2), Newark CBD (1).
Multi-Family by city in New Jersey
Listing order reflects the advertising package attached to each property — Diamond, Platinum, Gold and Silver listings appear above free Basic listings. See how placement works.
Frequently asked questions
How much multi-family space is available in New Jersey, NJ?
171,800 SF is currently marketed across 5 buildings, out of 2,358,500 SF of total inventory.
What is the multi-family vacancy rate in the Northern New Jersey market?
The Northern New Jersey multi-family market is running 7.3% vacancy with year-over-year asking rent growth of 2.6%.
Which submarkets have the most multi-family space in New Jersey, NJ?
Hoboken (2 properties), Jersey City Waterfront (2 properties), Newark CBD (1 property).
What are the most active ZIP codes for multi-family property in New Jersey, NJ?
07030 (2), 07302 (2), 07102 (1).
What cap rates are multi-family assets trading at in New Jersey, NJ?
Listed multi-family assets in New Jersey, NJ show an average asking cap rate of 8.39%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in New Jersey, NJ?
Capitol Commercial (2 listings), Summit Advisory Group (1 listing), Bluebonnet Realty Advisors (1 listing), Frontier Commercial (1 listing). See the full New Jersey, NJ broker directory.
How do I list a multi-family property in New Jersey, NJ?
Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.