On average, listings lease in the $10's per square foot per year. The Paterson submarket is going through a a rise in rates. In the last 3 months, the median rate rose $19 per sqft per year. That's a Inf% rise in rent.
In the last 90 days, 3 listings have come on the market, which means office spaces might be 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 8,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this market were built in 1970 and are Class B.