Downtown Paterson Industrial

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Downtown Paterson

Office Space Market Report

Number of Listings (last 90 days)
19
As of: April 26, 2017

Downtown Paterson Rates

On average, listings lease in the $0's per square foot per year. The Downtown Paterson submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $20 per sqft per year. That's a 100% decline in rent.

Downtown Paterson Listing Supply

In the last 90 days, 19 listings have been made available, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 around 7 stories. Most buildings in this market were built in 1994 and are Class A.

Downtown Paterson Community

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. Commute by walking is the most popular way to get to work amongst Downtown Paterson folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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