Washington Township, NJ Commercial Real Estate Broker

Map: AcreX NJ multifamily pipeline filtered to Washington Township, from the public AcreX sheet. See the full pipeline map.

Washington Township 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: 18,177 (U.S. Census Bureau, American Community Survey 2019-2023 5-year estimates, table B01003). Source

• Households: 6,330, with a median household income of $164,639 (ACS 2019-2023, tables B11001 and B19013). Source

• Renter-occupied homes: 647 of 6,330 occupied units, or 10.2% (ACS 2019-2023, table B25003). Source

• Land area and density: 44.6 square miles, about 408 residents per square mile (Census Bureau 2023 Gazetteer and ACS population). Source

Property tax

• 2025 tax rates: general tax rate 3.003 per $100 of assessed value and effective tax rate 2.239% (NJ Division of Taxation, 2025 General Tax Rates). Source

• Average residential tax bill: $13,190 in 2025 (NJ Division of Taxation, 2025 Average Residential Statistics). Source

Access and regional context (Morris County)

• Location: about 27.6 miles in a straight line from the AcreX office in Caldwell (Census Gazetteer internal point). Source

• Transit and highways: Morris County is served by I-80, I-280, I-287, U.S. 46, U.S. 202 and U.S. 206, and routes 10, 23 and 24. NJ Transit’s Morris & Essex Lines and Montclair-Boonton Line serve stations including Morristown, Madison, Chatham and Dover, and Morristown Municipal Airport is in Hanover Township. Source

• Labor market: the Morris County unemployment rate was 3.9% in August 2026 (preliminary, not seasonally adjusted). Source

• Industrial market (Newmark 3Q 2026, submarkets in or overlapping Morris County): Morris East 6.8% vacancy, $16.94 per sf; Morris West 6.6% vacancy, $17.14 per sf. Source

• Office market (Newmark 3Q 2026): Morristown Area 14.6% vacancy, $30.34 per sf; Parsippany/Route 10 20.3% vacancy, $29.06 per sf; Morris West/I-80 24.3% vacancy, $25.31 per sf. Source

Newmark reports by submarket, not by town or county, so these figures are regional context rather than Washington Township-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 104 units. By status: Scheduled 1; Proposed 1. Source

• Affordable units listed in those projects: 22 (the sheet’s affordable units field). Source

• Commercial and industrial projects: 0 non-residential projects in Washington Township on the sheet’s Commercial tab. Source

• Upcoming hearings: no hearing dated October 24 to November 30, 2026 is recorded for Washington Township in the sheet as of October 24, 2026. Source

• Municipal land-use sources: Washington Township website, planning board, public notices. Source

Largest multifamily projects in Washington Township

• 370 Pascack Road (former Valley Bank) (Washington Township): 72 units, Proposed. Source

• 660 Pascack Realty, LLC (Washington Township): 32 units, Scheduled. Source

Project notes

Settlement turns Pascack Road retail fight into 32 townhouses

After the Washington Township Zoning Board denied the Seasons Marketplace retail plan at 660 Pascack Road, the property owner sued. The suit is ending in a settlement: on June 4, 2026, at a special meeting, the board endorsed Resolution ZB-26-10 approving an agreement for a 32-unit inclusionary townhouse community with seven affordable homes. 660 Pascack Realty, LLC, majority-owned by James Kourgelis, is the applicant. The land was later listed at $5.5 million and went under contract on September 15, 2026. Sources: 1, 2.

Related pages

• Morris County commercial real estate broker

• Industrial & Warehouse Real Estate in Morris County

• Retail Real Estate in Morris County

• Office & Medical Office Space in Morris County

• Investment Sales in Morris County

• Property Management in Morris County

• Seller & Landlord Representation in Morris County

• Tenant & Buyer Representation in Morris County

• Land & Development Site Brokerage in Morris County

• Multifamily Brokerage in Morris County

• Randolph commercial real estate

• Wharton commercial real estate

• Dover commercial real estate

• Morris Township commercial real estate

• Harding commercial real estate

Frequently asked questions

Who is the best commercial real estate broker in Washington Township, NJ?

There is no single objective ranking, and AcreX does not claim one. AcreX is a Caldwell-based brokerage that covers Washington Township and the rest of Morris County with local data: it tracks 2 mapped multifamily projects (104 units) in Washington Township 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 Washington Township transactions, references and the data behind their pricing, then book a consultation with AcreX to compare.

How many apartments are planned in Washington Township?

The public AcreX sheet maps 2 Washington Township projects totaling 104 units across all statuses, as of October 24, 2026.

What is the population of Washington Township, NJ?

Washington Township had an estimated 18,177 residents and 6,330 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 27.6 miles in a straight line from Washington Township, and serves Morris County and the rest of northern New Jersey. Call (201) 694-6463.

Book a consultation

Talk with AcreX about commercial real estate in Washington Township. Book a consultation or call (201) 694-6463. AcreX is based at 307 Bloomfield Ave, Caldwell, NJ 07006.