Paramus Office Space

Paramus

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,080
As of: March 13, 2017

Paramus Rates

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.

Paramus Listing Supply

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.

Paramus Community

Market Report

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

Market Data

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