Monday, June 8, 2026
Family Office Briefing on research byLee & Associates·Jan 28, 2025

2024 Q4 New Jersey, NJ - Industrial

This report provides an overview of the New Jersey industrial market for Q4 2024.

IndustrialNew Jersey2024

Key Metrics

MetricValue
Vacancy Rate6.8%
Avg NNN Asking Rate PSF13.47$
Sale Price PSF201.31$
Cap Rate6.7%
Net Absorption2,524,809SF

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around New Jersey? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent industrial strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.