On average, listings lease in the $30's per square foot per year. The Paramus submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decrease in rent.
In the last 90 days, 22 listings have been posted online, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the available space in the Paramus 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 3,080 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 5 stories. Most buildings in this market were built in 1983 and are Class A.