The typical asking rate per listing is in the $20's per square foot per year. The Rutherford region is seeing a decrease in rates. In the last 3 months, the median rate decreased $0 per sqft per year. That's a 1% decrease in rent.
In the last 90 days, 7 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the available space in the Rutherford 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.
Even though the median size is 3,720 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 12 stories. Most buildings in this region were built in 1982 and are Class A.