The typical asking rate per listing is in the $10's per square foot per year. The Totowa submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 34% decrease in rent.
In the last 90 days, 3 listings have been posted online, which means spaces are probably going fast. 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.
Even though the median size is 7,500 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 floors. Most buildings in this area were built in 1971 and are Class A.