On average, listings lease in the $40's per square foot per year. The Essex County submarket is seeing a an increase in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 27% rise in rent.
In the last 90 days, 146 listings have been posted online, so you'll want to check back regularly for new listings. About 52% of the office spaces in the Essex County are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 7,550 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this area were built in 1976 and are Class A.