Downtown Elizabeth Retail

Downtown Elizabeth

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
4,000
As of: March 1, 2017

Downtown Elizabeth Rates

On average, listings lease in the $20's per square foot per year. The Downtown Elizabeth submarket is seeing a a boost in rates. In the last 3 months, the median rate went up $25 per sqft per year.

Downtown Elizabeth Listing Supply

In the last 90 days, 5 listings have been listed, which means new listings 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1971 and are Class B.

Downtown Elizabeth Community

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 around 15 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Elizabeth.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Elizabeth.
Research

Elizabeth Submarkets