Most listings are in the $10's per square foot per year. The Elizabeth submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 38% decline in rent.
In the last 90 days, 10 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 2,600 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this market were built in 1982 and are Class B.