On average, listings lease in the $10's per square foot per year. The Totowa submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $16 per sqft per year. That's a Inf% increase in rent.
In the last 90 days, 2 listings have been listed, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 50% of the listings in the Totowa are subleases, so you might be able to snag a great spot on a short term. 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 5,040 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 2 stories. Most buildings in this market were built in 1970 and are Class A.