The typical asking rate per listing is in the $40's per square foot per year. The Morristown region is experiencing a an increase in rates. In the last 3 months, the median rate increased $3 per sqft per year. That's a 7% increase in rent.
In the last 90 days, 16 listings have been posted online, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 2,830 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 1976 and are Class A.