Northern NJ industrial sales market, Q3 2026
Cap rate: 6.36% average. Source
Price: $214/SF average. Source
Volume: $4.1 billion over the trailing twelve months, $937 million in Q3 2026. Source
These Matthews figures cover the northern NJ industrial market as a whole, not Union County alone. We do not cite office or retail sale pricing here because we have no current published source for it; ask for comparable sales in a consultation.
Rents that drive values in Union County
Linden/Elizabeth: $17.38/SF average asking rent, NNN; 6.3% vacancy. Source
Union Central: $14.77/SF average asking rent, NNN; 3.6% vacancy. Source
Newmark reports by submarket, not county, so these are the Newmark submarkets within or overlapping Union County. Asking rents are averages across building classes, not achieved rents.
Commercial property for sale in Union County: current opportunities
We do not post a listings feed on this page. Tell us the property type, size, price range, 1031 timing and whether you want an owner-user building or an investment, and AcreX will send matching Union County opportunities, including off-market ones when owners allow it.
Tell us what you need; we’ll send matching availabilities
Tracked industrial and commercial projects in Union County
The AcreX sheet tracks 92 commercial and industrial projects in Union County (36 in the industrial and warehouse category) and 38 multifamily projects with 3,037 units, as of October 24, 2026. The map above is filtered to Union County. Commercial tab
Largest non-residential projects by building size:
BPG II Wildcat distribution center, 4701 Tremley Point Rd (Linden): warehouse, 850,950 sf, Approved. Source
CoreWeave Kenilworth (Bldg K11) (Kenilworth): data center, 392,600 sf, Approved. Source
InterGlobo warehouse, 650 Liberty Ave (Union Township): warehouse, 296,757 sf, Approved. Source
Hartz Mountain - 730 and 740 Walnut Ave warehouses (Cranford): warehouse, 241,200 sf, Completed. Source
Centerpoint Butler office/warehouse, 748-762 Spring St / 20-52 Butler St (Elizabeth): warehouse, 207,800 sf, Approved. Source
Thinking of selling in Union County?
Related pages
Commercial property for sale in other counties
Frequently asked questions
What are industrial cap rates in northern NJ?
Matthews reports a 6.36% average cap rate for northern NJ industrial property in Q3 2026, with pricing at $214 per square foot.
Do you have commercial properties for sale in Union County?
AcreX does not publish a listings feed here. Tell us what you are looking for and we will send current opportunities that match.
How is a commercial building valued?
Usually by the income approach: net operating income divided by a market cap rate, cross-checked against comparable sales per square foot. At a 6.36% cap rate, $100,000 of NOI implies about $1.57 million.
Who pays the broker when I lease my building?
It depends on the listing agreement you sign. In New Jersey a broker can only enforce a commission agreement that is in writing (N.J.S.A. 25:1-16), so the fee, who pays it and when it is earned should all be spelled out before marketing starts. AcreX explains its fee structure in the consultation.
Talk to AcreX
Book a consultation with Jonathan Libock · Call (201) 694-6463 · AcreX Commercial Real Estate, 307 Bloomfield Ave, Caldwell, NJ 07006
