On average, listings lease in the $20's per square foot per year. The Somerset County submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decrease in rent.
In the last 90 days, 79 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the listings in the Somerset County are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,420 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1985 and are Class A.