South Jersey Office Space

South Jersey

Office Space Market Report

Number of Listings (last 90 days)
402
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,690
As of: May 22, 2017

South Jersey Rates

On average, listings lease in the $20's per square foot per year. The South Jersey submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

South Jersey Listing Supply

In the last 90 days, 402 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the listings in the South Jersey are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,690 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region were built in 1986 and are Class A.

South Jersey Community

Market Report

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

Market Data

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