Paterson Office Space

Paterson

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
2,100
As of: December 3, 2016

Paterson Rates

The typical asking rate per listing is in the $20's per square foot per year. The Paterson submarket is going through a a rise in rates. In the last 3 months, the median rate went up $8 per sqft per year. That's a 43% increase in rent.

Paterson Listing Supply

In the last 90 days, 4 listings have been listed, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,100 sqft. Most buildings in this region are approximately 3 stories. Most buildings in this area were built in 1970 and are Class B.

Paterson Community

Market Report

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

Market Data

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