Paramus Sublease

Paramus

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,080
As of: March 13, 2017

Paramus Rates

The typical asking rate per listing is in the $30's per square foot per year. The Paramus region is seeing a decrease in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 12% decrease in rent.

Paramus Listing Supply

In the last 90 days, 22 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the available space in the Paramus are subleases, so you will probably have to consider a longer term lease. 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 3,080 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are approximately 5 stories. Most buildings in this area were built in 1983 and are Class A.

Paramus Community

Market Report

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

Market Data

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