In the last 90 days, 5 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 40% of the listings in the Downtown Elizabeth 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 posted, so finding a space for a small business might be tough.
Even though the median size is 7,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this region were built in 1971 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Most of the occupants of Downtown Elizabeth work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.