Commercial, NJ housing market
Builders were permitted 8 new homes in 2025.
Home values, sales, trends and how Commercial compares with the towns next door — updated as new data is published.
8 new homes permitted in 2025
Builders were permitted 8 new homes in Commercial in 2025, all single-family houses, worth about $1.6 million to build. That's 1.7 per 1,000 residents, slower than across New Jersey (3.1). Over the past 10 years, Commercial has permitted 29 homes in all.
Homes vs. people, 2010–2020
Between the 2010 and 2020 censuses, Commercial's population fell by 509 even though 96 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. Across New Jersey: 2 new residents per new home.
Residents: U.S. Census Bureau, 2010 and 2020 censuses. New homes: permits issued 2010–2019.
Show as a table
| Year | New homes | Single-family | 2+ per building | Value |
|---|---|---|---|---|
| 2026 (Jan–Aug) | 3 | 3 | 0 | $600,000 |
| 2025 | 8 | 8 | 0 | $1.6 million |
| 2024 | 0 | 0 | 0 | — |
| 2023 | 0 | 0 | 0 | — |
| 2022 | 0 | 0 | 0 | — |
| 2021 | 0 | 0 | 0 | — |
| 2020 | 5 | 5 | 0 | $236,000 |
| 2019 | 2 | 2 | 0 | $100,000 |
| 2018 | 5 | 5 | 0 | $239,000 |
| 2017 | 0 | 0 | 0 | — |
| 2016 | 9 | 9 | 0 | $581,000 |
| 2015 | 15 | 15 | 0 | $1.5 million |
| 2014 | 15 | 15 | 0 | $1.6 million |
| 2013 | 16 | 16 | 0 | $1.9 million |
| 2012 | 13 | 13 | 0 | $1.5 million |
| 2011 | 11 | 11 | 0 | $1.2 million |
| 2010 | 10 | 10 | 0 | $1.1 million |
| 2009 | 8 | 8 | 0 | $875,000 |
| 2008 | 6 | 6 | 0 | $682,000 |
| 2007 | 11 | 11 | 0 | $1.2 million |
| 2006 | 9 | 9 | 0 | $998,000 |
| 2005 | 9 | 9 | 0 | $1 million |
| 2004 | 9 | 9 | 0 | $618,000 |
| 2003 | 3 | 3 | 0 | $272,000 |
| 2002 | 3 | 3 | 0 | $136,000 |
| 2001 | 6 | 6 | 0 | $178,000 |
| 2000 | 3 | 3 | 0 | $60,000 |
How Commercial ranks on new homes being built →
Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey, through August 2026.
Commercial and its neighbors
| Town | Typical value | 1-yr change | 2-bed rent | New homes 2025 | Median income |
|---|---|---|---|---|---|
| Commercial | — | — | $1,990 | 8 | $55,733 |
| Downe | — | — | $1,940 | 0 | $67,708 |
| Maurice River | — | — | $1,660 | 1 | $76,964 |
| Millville | $262K | +1.9% | $1,630 | 19 | $70,275 |
2.9 years of income
The typical Commercial home costs about 2.9 years of the town's median household income, less than across New Jersey (5.6 years).
How Commercial ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,990
HUD's Fair Market Rent for a two-bedroom in Commercial is $1,990 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Commercial pay a median of $1,465, so moving in tends to cost more than staying put. A two-bedroom takes about 43% of the town's median household income, above the 30% guideline for affordable housing.
Studio $1,520 · 4 bedrooms $2,740
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (08332, 08349; Vineland, NJ MSA), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.