On average, listings lease in the $30's per square foot per year. The Morris County submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 21% increase in rent.
In the last 90 days, 353 listings have been posted online, so you'll want to check back regularly for new listings. About 70% of the office spaces in the Morris County 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 2,830 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 3 stories. Most buildings in this area were built in 1984 and are Class A.