On average, listings lease in the $40's per square foot per year. The Totowa submarket is going through a a boost in rates. In the last 3 months, the median rate rose $46 per sqft per year.
In the last 90 days, 3 listings have come on the market, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the available space 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 posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1971 and are Class A.