On average, listings lease in the $0's per square foot per year. The Rutherford region is going through a decrease in rates. In the last 3 months, the median rate decreased $26 per sqft per year. That's a 100% decrease in rent.
In the last 90 days, 2 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. About 100% of the available leases in the Rutherford are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 5,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 12 floors. Most buildings in this market were built in 1982 and are Class C.