Map: AcreX NJ multifamily pipeline filtered to Berkeley Heights, from the public AcreX sheet. See the full pipeline map.
Berkeley Heights market snapshot
Public statistics with sources and as-of dates. Pipeline figures are from the public AcreX sheet as of October 24, 2026.
Population and households
Population: 13,121 (U.S. Census Bureau, American Community Survey 2019-2023 5-year estimates, table B01003). Source
Households: 4,660, with a median household income of $198,750 (ACS 2019-2023, tables B11001 and B19013). Source
Renter-occupied homes: 209 of 4,660 occupied units, or 4.5% (ACS 2019-2023, table B25003). Source
Land area and density: 6.2 square miles, about 2,109 residents per square mile (Census Bureau 2023 Gazetteer and ACS population). Source
Property tax
2025 tax rates: general tax rate 4.401 per $100 of assessed value and effective tax rate 1.82% (NJ Division of Taxation, 2025 General Tax Rates). Source
Average residential tax bill: $14,154 in 2025 (NJ Division of Taxation, 2025 Average Residential Statistics). Source
Access and regional context (Union County)
Location: about 13.7 miles in a straight line from the AcreX office in Caldwell (Census Gazetteer internal point). Source
Transit and highways: Union County is crossed by the New Jersey Turnpike (I-95), the Garden State Parkway, I-78, I-278 and routes 1/9, 22 and 24. NJ Transit serves it on the Northeast Corridor, North Jersey Coast Line, Raritan Valley Line, Morristown Line and Gladstone Branch, and the Port Newark-Elizabeth Marine Terminal is part of the Port Authority network. Source
Labor market: the Union County unemployment rate was 5.0% in August 2026 (preliminary, not seasonally adjusted). Source
Industrial market (Newmark 3Q 2026, submarkets in or overlapping Union County): Linden/Elizabeth 6.3% vacancy, $17.38 per sf; Union Central 3.6% vacancy, $14.77 per sf. Source
Office market (Newmark 3Q 2026): Union Area 8.8% vacancy, $23.87 per sf. Source
Newmark reports by submarket, not by town or county, so these figures are regional context rather than Berkeley Heights-specific. Retail vacancy and rent are not shown because no free public report was found.
AcreX pipeline data (as of October 24, 2026)
Multifamily pipeline: 2 mapped projects with 53 units. By status: Scheduled 1; Approved 1. Source
Affordable units listed in those projects: 10 (the sheet’s affordable units field). Source
Commercial and industrial projects: 1 non-residential project in Berkeley Heights on the sheet’s Commercial tab. Source
Upcoming hearings: no hearing dated October 24 to November 30, 2026 is recorded for Berkeley Heights in the sheet as of October 24, 2026. Source
Municipal land-use sources: Berkeley Heights website, planning board, zoning board, public notices. Source
Largest multifamily projects in Berkeley Heights
Terrace 2 Redevelopment (Berkeley Heights): 33 units, Scheduled. Source
The Berkeley Plaza (Berkeley Heights): 20 units, Approved. Source
Project notes
Terrace 2 Redevelopment: 33 homes over a garage on Springfield Avenue
Lockhern Property II, LLC filed application SP-5-25 with the Berkeley Heights Planning Board for the Terrace 2 Redevelopment at 458 Springfield Avenue, Block 702 Lots 4 and 6. The proposal is a 33-unit mixed-use residential building of four stories plus a garage, along with associated site improvements. Seven of the units are listed as affordable and 26 as market rate. The board scheduled the hearing for September 9, 2026. Sources: 1.
The Berkeley Plaza: Berkeley Heights approves 20 apartments and ground-floor commercial space at 714-730 Springfield Avenue
Berkeley Heights’ zoning board approved 735 Springfield Avenue LLC’s three-story, 20-apartment building with ground-floor commercial space and a landscaped pedestrian plaza at 714-730 Springfield Avenue by a 7-0 vote on November 21, 2024, Real Estate NJ reported. Taylor Architecture & Design’s plan has two one-bedrooms, 16 two-bedrooms and two three-bedrooms, with three income-restricted homes. It is named for the demolished Berkeley Plaza banquet hall across the street, where Union County plans a Passaic River Parkway expansion. Sources: 1.
Commercial projects in Berkeley Heights from the sheet
The Commercial tab lists 1 project in Berkeley Heights:
Extra Space Storage, 310 Snyder Ave (Berkeley Heights): self-storage, 77,052 sf, Approved. Source
Related pages
Frequently asked questions
Who is the best commercial real estate broker in Berkeley Heights, NJ?
There is no single objective ranking, and AcreX does not claim one. AcreX is a Caldwell-based brokerage that covers Berkeley Heights and the rest of Union County with local data: it tracks 2 mapped multifamily projects (53 units) in Berkeley Heights on the public AcreX sheet as of October 24, 2026, works with Jonathan Libock as lead broker, and offers industrial, retail, office, land, multifamily and investment sales services. When you compare brokers, ask each for recent Berkeley Heights transactions, references and the data behind their pricing, then book a consultation with AcreX to compare.
How many apartments are planned in Berkeley Heights?
The public AcreX sheet maps 2 Berkeley Heights projects totaling 53 units across all statuses, as of October 24, 2026.
What is the population of Berkeley Heights, NJ?
Berkeley Heights had an estimated 13,121 residents and 4,660 households in the Census Bureau American Community Survey 2019-2023 5-year estimates.
Where is AcreX located?
AcreX is at 307 Bloomfield Ave, Caldwell, NJ 07006, about 13.7 miles in a straight line from Berkeley Heights, and serves Union County and the rest of northern New Jersey. Call (201) 694-6463.
Book a consultation
Talk with AcreX about commercial real estate in Berkeley Heights. Book a consultation or call (201) 694-6463. AcreX is based at 307 Bloomfield Ave, Caldwell, NJ 07006.
