New Jersey Office Space

New Jersey

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

New Jersey Rates

The typical asking rate per listing is in the $20's per square foot per year. The New Jersey submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.

New Jersey Listing Supply

In the last 90 days, 1543 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the listings in the New Jersey are subleases, so you will probably have to focus your search on direct office leases. 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 3,170 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1983 and are Class A.

New Jersey Community