Morris County Office Space

Morris County

Office Space Market Report

Number of Listings (last 90 days)
296
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
440
As of: January 22, 2017

Morris County Rates

On average, listings lease in the $20's per square foot per year. The Morris County submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 6% decrease in rent.

Morris County Listing Supply

In the last 90 days, 297 listings have come on the market, so you'll want to check back regularly for new listings. About 3% of the available space in the Morris County are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 440 sqft. Most buildings in this area are close to 3 stories. Most buildings in this area were built in 1984 and are Class A.

Morris County Community

Market Report

Trends and status of the commercial real estate market in Morris County.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Morris County.
Research