Northern NJ industrial sales market, Q3 2026
Cap rate: 6.36% average, 60 bps below the Q1 2015 high of 6.95%. Source
Price: $214/SF, higher for 16 consecutive years. Source
Volume: $4.1B trailing twelve months, $937M in Q3 2026. Source
Vacancy: 5.7% (Newmark) and 6.2% (Matthews); the firms define the market differently. Source
How AcreX sells your property
Broker opinion of value using rent, cap rate and comparable-sale evidence.
Offering memorandum, data room and buyer targeting, including owner-users and 1031 exchange buyers.
Bids, negotiation and contract, then diligence through closing.
Sell by county
Frequently asked questions
How much is my industrial building worth?
A common starting point divides net operating income by a market cap rate. At the Matthews Q3 2026 average of 6.36%, $100,000 of NOI implies about $1.57 million. Condition, tenancy and location move the real number.
Should I sell vacant or leased?
A building with a long lease to a strong tenant is usually valued on its income; a vacant one also appeals to owner-users. AcreX can model both.
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
