Most listings are in the $30's per square foot per year. The Elizabeth region is seeing a a boost in rates. In the last 3 months, the median rate went up $32 per sqft per year.
In the last 90 days, 10 listings have been made available, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 20% of the available space in the Elizabeth 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 4,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this region were built in 1982 and are Class B.