Avalon, New Jersey Commercial Real Estate Market Report

The commercial real estate landscape in Avalon, New Jersey, currently features 95 active listings on Commrty, all of which are categorized as for sale. This entire inventory of 95 listings has entered the platform within the last 90 days, reflecting the current state of available supply. No new listings were added in the most recent 30-day period, and there were no recorded sales or leasing transactions completed through the platform within the last 180 days. This baseline inventory highlights the current market availability for prospective investors and developers looking to establish a footprint in this coastal community. Regarding pricing, the active listings show a significant range in valuation, with asking sale prices for the six properties that have publicly disclosed figures extending from $599,000 to $13 million. This spread results in a median asking price of $7.2 million for the segment of the market reporting these details. Prospective buyers should note that these figures represent asking prices for properties currently listed on Commrty and serve as a starting point for assessing capital requirements and potential yield expectations based on the available inventory. The composition of the Avalon inventory is dominated by land, which accounts for 63 of the 95 active listings. Multifamily properties follow with 14 listings, while the remaining inventory is distributed among retail, office, mixed-use, and business-for-sale opportunities. This distribution suggests a market heavily skewed toward raw site development or redevelopment rather than existing commercial occupancy. Given the scarcity of office and retail spaces, this environment primarily suits investors focused on long-term land banking or the creation of new residential and commercial infrastructure to meet the demands of this seasonal, high-income coastal region.