Free tool · Public market data · Updated November 9, 2026
Commercial Property Value Calculator for New Jersey
Estimate what a warehouse, flex, retail, office or outdoor-storage property in Fairfield, Totowa, Wayne, Parsippany, Rockaway and nearby NJ towns is worth to sell, and what it should lease for. Type an address to pull NJ public records, adjust the details, and get a sourced range in about a minute.
Last updated November 9, 2026 · Market data through Q3 2026 · Next update February 2027 · Methodology · NJ Commercial Value Index
Address lookup uses the free NJOGIS geocoder and statewide parcel layer. Privacy policy.
Sale price band used: $179 – $256 per SF (Fairfield deed sales (town level)). Your building scores 57/100 on the features above, which places it near the middle of the band.
Market rent check: $15.95 – $17.43 /SF/yr NNN, 5.3% vacancy, cap rate 6.36% – 7%.
Confidence is medium-high because industrial data is the deepest in this set, no actual rent was entered.
Sources: NJ Division of Taxation SR-1A deed sales files (Sales2025, Sales2026, YTD 2026), building SF from the SR-1A record or MOD-IV; AcreX calculation (2026-11-09); Blauberg Group, Market Report 1st Quarter 2026 (industrial single-story; data from CoStar and internal research) (2026-04); Blauberg Group, Market Report 3rd Quarter 2026 (industrial; data from CoStar and internal research) (2026-10); Cushman & Wakefield, New Jersey Industrial MarketBeat Q2 2026 (2026-07); Newmark, Northern/Central New Jersey Industrial Market Report 3Q26 (2026-10); Matthews, Northern New Jersey Industrial Market Report Q3 2026 (2026-10-30)
Estimates only, from published market reports and public records as of 2026-11-09. Not an appraisal or a broker price opinion. AcreX Realty LLC, Licensed Real Estate Broker #2550575 · Jonathan Libock, NJ #1757237. Licensure does not imply endorsement. In New Jersey commissions are negotiable.
What is my commercial property worth? Quick answers
Warehouse or industrial building: As of Q3 2026, industrial buildings in Essex, Morris and Passaic counties typically sold for about $174 to $246 per SF (middle half of 10,000+ SF sales in NJ deed records, 2024 to 2026), and Blauberg’s 3Q26 report puts average sale prices at $191/SF (Passaic County) to $219/SF (West Essex). Multiply by your building size, then adjust for clear height, loading, age and condition.
Lease value: Average industrial asking rents ran from $14.02/SF NNN (Newmark, Route 46/23 corridor, 3Q26) to $18.39/SF NNN (Morris County East, high end of the published range). Retail averaged $27.95 to $30.50/SF and North Jersey office $26.69 (Class B) to $32.46 (Class A) per SF full service.
Cap rates: Published North Jersey industrial cap rates in 2026 run about 5.9% (Meadowlands) to 7.2% (Morris County), with the Matthews Q3 2026 metro average at 6.36%. Retail averaged 7.06% (Matthews).
The calculator below shows three methods side by side (sales comps, market rent and cap rate, and your actual rent), blends them into one range and tells you how much to trust it. How the math works → · Town-by-town value index →
Market ranges the calculator uses (industrial)
Updated November 9, 2026 with reports covering Q2 to Q3 2026. Town pages and the index show retail, office, flex and outdoor-storage ranges too.
Sale $/SF bands combine broker-report averages with the 25th to 75th percentile of NJ SR-1A deed sales (building SF from the deed record or MOD-IV). Fairfield uses its own deed sales ($179 to $256/SF, 13 sales). No figures here come from paid databases.
Get a detailed value report emailed to you
Jonathan Libock, AcreX’s broker of record, reviews your estimate against recent comparable sales and leases and emails you a written opinion of value and rent, usually within 5 business days. Free, no obligation. Your details go only to AcreX.
By sending this form you agree AcreX may contact you about your property. We do not sell your information. Privacy policy
Questions owners ask
How accurate is this commercial property value calculator?
It gives a range, not a price. Ranges come from published broker reports and NJ deed sales for the surrounding submarket, so a typical building usually lands inside the range, but an unusual one (very low clear height, heavy office build-out, environmental issues, a below-market lease) may not. Treat it as a starting point and ask for a broker’s opinion of value before you list or refinance.
What is my warehouse in North Jersey worth?
As of Q3 2026, most 10,000+ SF industrial buildings in Essex, Morris and Passaic counties sold for about $174 to $246 per SF in NJ deed records, and Bergen and Meadowlands buildings for more (Blauberg 3Q26 averages: $247 and $252 per SF). A 50,000 SF building at $215/SF is about $10.75 million before adjusting for its features.
How much can I lease my warehouse for in NJ?
Average industrial asking rents in 3Q26 ran $14.02 to $18.46 per SF per year NNN across the North Jersey submarkets in the table above (Newmark, Blauberg, Cushman & Wakefield, NAI James E. Hanson). Newer buildings with 28 ft+ clear height and docks rent at the top of the range; older, low-clear buildings at the bottom.
What cap rate should I use for an industrial building in NJ?
Published 2026 industrial cap rates for North Jersey run about 5.9% to 7.2% depending on submarket, with a metro average of 6.36% (Matthews, Q3 2026). Use the lower end for newer, fully leased buildings with long leases, and the higher end for older buildings, short leases or vacancy.
What is the difference between NNN and gross rent?
With NNN (triple net) rent the tenant also pays the building’s property taxes, insurance and common maintenance, so the rent number is lower. With gross or full-service rent the landlord pays those costs out of the rent. Industrial and retail in NJ are usually quoted NNN; office is usually quoted full service.
Does office space add value to a warehouse?
Some, but not in proportion to its cost. Buyers and tenants pay for the warehouse first. The calculator values warehouse and office square feet at separate rates and flags buildings that are more than 20% office, because the extra office space often rents for little more than warehouse space.
Is this an appraisal?
No. It is a free, automated estimate built from public market data. It is not an appraisal and should not be used for lending, tax appeals or legal purposes. AcreX can prepare a written broker’s opinion of value at no cost.
Where does the data come from?
Newmark, Cushman & Wakefield, Blauberg Group, Matthews, Lee & Associates, Marcus & Millichap and NAI James E. Hanson market reports (Q2 to Q3 2026), NJ Division of Taxation SR-1A deed sales, NJ MOD-IV tax records, press-reported sales, REDCOM construction costs and BOMA operating expenses. Every number links to its source.
Important: this is an estimate, not an appraisal
Results are automated estimates from published market reports, NJ deed records and the details you enter. They are not an appraisal, a broker price opinion or an offer, and should not be relied on for lending, tax, legal or investment decisions. Actual value depends on leases, condition, environmental status, zoning and market conditions on the date of sale.
Address lookups use free NJ Office of GIS geocoding and statewide MOD-IV parcel data, which can lag recent sales. Addresses you look up and the estimate inputs may be shared with AcreX so we can follow up; see the privacy policy.
AcreX Realty LLC, NJ real estate broker #2550575 · Jonathan Libock, NJ #1757237 · 307 Bloomfield Ave, Caldwell, NJ 07006 · (201) 694-6463. Licensure does not imply endorsement.