On average, listings lease in the $30's per square foot per year. The Paramus region is experiencing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.
In the last 90 days, 8 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. 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 3,980 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 5 floors. Most buildings in this market were built in 1983 and are Class A.