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Office Class B Market Reports
Statistical Data on Essex County NJ Market
Quarter
Vacancy
Rate
Sublease
Rate
Availability
Rate
Asking
Rent
2010-Q4
2010-Q3
2010-Q2
2010-Q1
2009-Q4
2009-Q3
2009-Q2
2009-Q1
2008 AVG
2007 AVG
2006 AVG
2005 AVG
2004 AVG
2003 AVG
2002 AVG
15.77%
14.87%
14.48%
14.18%
13.74%
9.69%
9.25%
9.88%
7.29%
8.76%
8.77%
9.27%
10.50%
10.40%
12.72%
0.05%
0.07%
0.14%
0.18%
0.11%
0.14%
0.13%
0.20%
0.18%
0.32%
0.36%
0.45%
0.32%
0.63%
0.84%
15.81%
14.94%
14.61%
14.36%
13.84%
9.83%
9.38%
10.09%
7.46%
9.08%
9.13%
9.72%
10.82%
11.03%
13.56%
$23.57
$23.03
$23.28
$23.41
$23.64
$23.85
$24.14
$23.08
$23.6
$23.34
$23.09
$23.03
$23.51
$22.45
$20.77
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© 2012 NAI James E Hanson 201-488-5800