New Jersey Sublease

New Jersey

Office Space Market Report

Number of Listings (last 90 days)
1,442
Median Rate ($/sqft/yr)
$26
Median Size (sqft)
3,230
As of: January 18, 2017

New Jersey Rates

Most listings are in the $20's per square foot per year. The New Jersey region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.

New Jersey Listing Supply

In the last 90 days, 1454 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the office spaces in the New Jersey 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,210 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 2 stories. Most buildings in this market were built in 1983 and are Class A.

New Jersey Community

Market Report

Trends and status of the commercial real estate market in New Jersey.
Market Report

Market Data

Real time and historical data on commercial real estate listings in New Jersey.
Research