Downtown Paterson Retail

Downtown Paterson

Office Space Market Report

Number of Listings (last 90 days)
19
As of: May 23, 2017

Downtown Paterson Rates

On average, listings lease in the $0's per square foot per year. The Downtown Paterson region is seeing a decrease in rates. In the last 3 months, the median rate decreased $20 per sqft per year. That's a 100% decrease in rent.

Downtown Paterson Listing Supply

In the last 90 days, 19 listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most buildings in this area are close to 7 stories. Most buildings in this region were built in 1994 and are Class A.

Downtown Paterson 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 area. Commute by walking is the most popular way to get to work amongst Downtown Paterson residents. Commuting between 20 and 25 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 Paterson.
Market Report

Market Data

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

Paterson Submarkets