Paterson Industrial

Paterson

Office Space Market Report

Number of Listings (last 90 days)
23
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,890
As of: February 24, 2017

Paterson Rates

On average, listings lease in the $10's per square foot per year. The Paterson region is experiencing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 25% decrease in rent.

Paterson Listing Supply

In the last 90 days, 19 listings have been made available, which means leases 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.

The standard measurement for office space in this area is around 2,070 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 1970 and are Class B.

Paterson Community

Market Report

Trends and status of the commercial real estate market in Paterson.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Paterson.
Research

Paterson Submarkets