New Jersey For Sale

New Jersey

Office Space Market Report

Number of Listings (last 90 days)
2,094
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
3,380
As of: August 18, 2017

New Jersey Rates

The typical asking rate per listing is in the $30's per square foot per year. The New Jersey region is experiencing a a boost in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 7% rise in rent.

New Jersey Listing Supply

In the last 90 days, 2094 listings have been posted online, so you'll want to check back regularly for new listings. About 54% of the office spaces in the New Jersey are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 3,230 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1983 and are Class A.

New Jersey Community

Market Report

Trends and status of the commercial real estate market in New Jersey.
Market Report

Market Data

Real time and historical data on commercial real estate listings in New Jersey.
Research