South Orange Office Space

South Orange

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

South Orange Rates

The typical asking rate per listing is in the $30's per square foot per year. The South Orange region is seeing a a boost in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 37% rise in rent.

South Orange Listing Supply

In the last 90 days, 4 listings have come on the market, which means listings most likley are 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.

Even though the median size is 3,200 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 2 stories. Most buildings in this market were built in 1960 and are Class A.

South Orange Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst South Orange folk. Commuting between 30 and 45 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 South Orange.
Market Report

Market Data

Real time and historical data on commercial real estate listings in South Orange.