Most listings are in the $30's per square foot per year. The Elizabeth region is seeing a a boost in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 25% rise in rent.
In the last 90 days, 10 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. About 20% of the available leases in the Elizabeth are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 4,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this area were built in 1982 and are Class B.