Morris County Office Space

Morris County

Office Space Market Report

Number of Listings (last 90 days)
353
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
1,570
As of: July 23, 2017

Morris County Rates

The typical asking rate per listing is in the $30's per square foot per year. The Morris County submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 23% increase in rent.

Morris County Listing Supply

In the last 90 days, 353 listings have come on the market, so you'll want to check back regularly for new listings. About 84% of the available space in the Morris County are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,570 sqft. Most properties in this area are close to 3 floors. Most buildings in this region 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