Sell Retail
Sell Your Retail Property in Northern New Jersey
Who to call, what retail is selling for (Matthews Q3 2026), NJ filings and AcreX’s published sale fee.
For owners of storefronts, strip centers, shopping centers and pad sites in Bergen, Essex, Hudson, Morris, Passaic and Union counties. This page covers what retail is selling for, how AcreX prices and markets a retail sale, the New Jersey filings to plan for, and who to call.
Northern NJ retail sales market, Q3 2026
Cap rate: 7.06% average (Matthews, Q3 2026).
Price: $283/SF, higher for 6 consecutive years (Matthews, Q3 2026).
Volume: $1.5B trailing twelve months (+19% YoY); Q3 accounted for $394M (Matthews, Q3 2026).
Blauberg (3Q26): $781.5M year-to-date through Q3 at an average of $254.3/SF (Blauberg, 3Q26). The two sources measure differently.
Occupancy backdrop: vacancy 3.3% (Matthews) and 3.1% (Blauberg); asking rent $27.95/SF (Matthews).
Regional averages as reported. A grocery-anchored center and a side-street storefront are not the same price. Ask for a written opinion of value.
Who to call to sell your retail property
Call a licensed New Jersey commercial broker who has sold retail like yours recently, will show you the comps and the fee in writing, and will name who works the deal. At AcreX, Jonathan Libock (principal broker) leads every listing. Call (201) 694-6463 or book a consultation. Compare us with others using how to choose a commercial broker in NJ and choosing a retail broker.
How AcreX sells your retail property
1. Broker opinion of value using rent roll, NOI, cap-rate evidence and recent sales.
2. Offering memorandum, data room and outreach to retail investors, 1031 buyers and owner-users.
3. Bids, negotiation and contract, then diligence through closing.
NJ costs and filings a retail seller should plan for
Realty transfer fee: paid by the seller (realty transfer fee).
Graduated Percent Fee: on sales over $1M, 1% to 3.5%, seller-paid since July 10, 2025, for Class 4A commercial property (Division of Taxation notice).
Bulk sale notice: the buyer files Form C-9600 with the signed contract at least 10 business days before closing (NJ bulk sale FAQ).
Many towns require a certificate of occupancy or inspection on a sale or a change of tenant.
General information, not legal or tax advice. Confirm with your attorney and accountant.
What AcreX charges to sell
AcreX sale fee: 5% of the price up to $5M, 4% on the part from $5M to $10M and 3% above $10M; $10,000 minimum. Split 50/50 with the buyer’s broker. Examples: $1M = $50,000; $2M = $100,000; $7.5M = $350,000. In New Jersey commissions are negotiable. Full schedule: AcreX fees and commission calculator.
No upfront fees.
Free written opinion of value or rent within 5 business days. It is a broker’s opinion, not an appraisal.
Reply within 2 business hours.
Jonathan Libock, principal broker, leads every listing.
Weekly owner report.
6-month listing agreement; cancel on 30 days’ notice after day 90.
Related
Sell retail by county
Essex · Bergen · Hudson · Morris · Passaic · Union
Questions owners ask
Who should I call to sell my retail center or storefront in NJ?
Call a licensed commercial broker who has recently sold retail like yours in your county, will put the fee and term in writing, and can show how they priced it. At AcreX, Jonathan Libock handles every listing himself. Call (201) 694-6463.
How much is my retail building worth in northern NJ?
A common starting point divides net operating income by a market cap rate. At the Matthews Q3 2026 northern NJ retail average of 7.06%, $150,000 of NOI implies about $2.12 million. Tenancy, location, co-tenancy risk and remaining lease terms move the real number.
What are northern NJ retail buildings selling for?
Matthews reports northern NJ retail sales of $1.5 billion over the trailing twelve months through Q3 2026, with average pricing of $283/SF and an average cap rate of 7.06%. Blauberg reports $781.5M year-to-date through Q3 at an average of $254.3/SF. The two sources measure differently.
What does AcreX charge to sell a retail property?
5% of the price up to $5M, 4% on the part from $5M to $10M and 3% above $10M, with a $10,000 minimum, split 50/50 with the buyer’s broker. A $2M sale is $100,000. In New Jersey commissions are negotiable.
Should I sell my retail center vacant or leased?
A long lease to a strong tenant is usually valued on income. A vacant storefront can appeal to owner-users and to investors who will re-tenant it. AcreX can model both.
How do I find a top retail commercial real estate broker in NJ?
Interview two or three licensed brokers. Ask for recent retail deals in your town or county, who will work your listing day to day, a written fee and term, and two owner references. Compare answers; do not pick on rankings alone.
More owner questions: AcreX FAQ.
About the broker
Jonathan Libock is the founder and principal broker of AcreX Commercial Real Estate in Caldwell, NJ. He has a decade of experience in commercial real estate, including time at DR Properties, a New York City development brokerage. He specializes in industrial and multifamily land development and also works on development sites in Southeast Florida. Licensed real estate broker in New Jersey (#1757237) and Florida (#BK3462244). AcreX Realty LLC, Licensed Real Estate Broker. Licensure does not imply endorsement.
AcreX Realty LLC is a licensed NJ commercial real estate broker with published fees, at 307 Bloomfield Ave, Caldwell, NJ 07006. General information, not legal or tax advice.