The typical asking rate per listing is in the $10's per square foot per year. The South Orange region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $6 per sqft per year. That's a 23% decline in rent.
In the last 90 days, 3 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 4,300 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 1960 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst South Orange occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.