On average, listings lease in the $10's per square foot per year. The Totowa submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $16 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 2 listings have been listed, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Totowa 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 5,040 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this market were built in 1970 and are Class A.