New Jersey Retail

New Jersey

Office Space Market Report

Number of Listings (last 90 days)
2,094
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
3,040
As of: March 11, 2017

New Jersey Rates

The typical asking rate per listing is in the $20's per square foot per year. The New Jersey region is going through a a rise in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% rise in rent.

New Jersey Listing Supply

In the last 90 days, 2094 listings have been made available, so you'll want to check back regularly for new listings. About 4% of the available leases in the New Jersey are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,040 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 2 floors. 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