Most listings are in the $0's per square foot per year. The Downtown Elizabeth region is experiencing a decline in rates. In the last 3 months, the median rate fell $29 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 1 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most buildings in this market are close to 3 floors. Most buildings in this area were built in 1971 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the occupants of Downtown Elizabeth work from home. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.