New Jersey Retail

New Jersey

Office Space Market Report

Number of Listings (last 90 days)
2,094
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
2,870
As of: July 24, 2017

New Jersey Rates

The typical asking rate per listing is in the $30's per square foot per year. The New Jersey region is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 12% increase in rent.

New Jersey Listing Supply

In the last 90 days, 2094 listings have been listed, so you'll want to check back regularly for new listings. About 55% of the available leases in the New Jersey are subleases, so you might be able to snag a great spot on a short term. 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 2,910 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this region were built in 1983 and are Class A.

New Jersey Community

Market Report

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

Market Data

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