New Jersey Office Space

New Jersey

Office Space Market Report

Number of Listings (last 90 days)
2,094
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
3,200
As of: May 23, 2017

New Jersey Rates

Most listings are in the $20's per square foot per year. The New Jersey region is experiencing a decline in rates. In the last 3 months, the median rate fell $0 per sqft per year. That's a 1% decrease in rent.

New Jersey Listing Supply

In the last 90 days, 2094 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available space in the New Jersey are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,200 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this region were built in 1983 and are Class A.

New Jersey Community

Market Report

Trends and status of the commercial real estate market in New Jersey.
Market Report

Market Data

Real time and historical data on commercial real estate listings in New Jersey.
Research