South Jersey Retail

South Jersey

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

South Jersey Rates

The typical asking rate per listing is in the $20's per square foot per year. The South Jersey submarket is going through a a rise in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 17% rise in rent.

South Jersey Listing Supply

In the last 90 days, 143 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the available leases in the South Jersey are subleases, so you will probably have to consider a longer term 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 3,090 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1985 and are Class A.

South Jersey Community