Most listings are in the $0's per square foot per year. The Red Bank region is seeing a decline in rates. In the last 3 months, the median rate fell $42 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 20 listings have been posted online, which means leases might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 8,880 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this market were built in 1983 and are Class A.