On average, listings lease in the $20's per square foot per year. The Essex County submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decline in rent.
In the last 90 days, 195 listings have been listed, so you'll want to check back regularly for new listings. About 5% of the listings in the Essex County 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 3,400 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this area were built in 1970 and are Class B.