On average, listings lease in the $20's per square foot per year. The Morris County submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 10% decline in rent.
In the last 90 days, 353 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the listings in the Morris County are subleases, so you will probably have to consider a longer term lease. 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 2,000 sqft. Most properties in this market are close to 3 floors. Most buildings in this region were built in 1984 and are Class A.