Most listings are in the $30's per square foot per year. The Roseland 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% decline in rent.
Compared to the rest of the Essex County market, the Roseland submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 27 listings have been listed, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 11% of the office spaces in the Roseland are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 9,310 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 4 floors. Most buildings in this region were built in 1983 and are Class A.