Home > Research > U.S. Market Reports Detail

Southern New Jersey Market Reports

Southern New Jersey Office Market

Average Asking Rent (Price/SF) $20.49
Vacancy Rate (%) 15.8%
Net Absorption (SF) 237,967

Office vacancy in the overall Southern New Jersey market declined 30 basis points from the third quarter of 2018 to 15.8%. The market has continued to chip away at the spike in vacancy at the beginning of 2018, when it shot up 160 basis points to 16.0%.



Southern New Jersey Office Market Report
4Q18
Download the PDF

Local Market Contact:

General Research Inquiries: