2024 Office Space Rent & Sales
- $43.03 2024 Avg. Asking Rent
- 17.95% 2024 Office Vacancy Rate
Hackensack office price per square foot in 2024 was $43.03 on average. The local office market recorded an average vacancy rate of 17.95% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- New Jersey Class A & A+ Office Space$40.95
- New Jersey Class B Office Space$28.64
- New Jersey Class C Office Space$21.12
Hackensack, NJ Office Asking Rents by Class
Office Spaces for Rent in New Jersey
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Coworking Spaces in New Jersey
- New York City Coworking Space
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- Washington Coworking Space
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| Office building | Address | SF | Completed |
|---|---|---|---|
| 75 Essex Street | 75 Essex Street, 07601 | 28,897 | 1988 |
| Two University Plaza | 2 University Plaza Drive, 07601 | 143,000 | 1986 |
| One University Plaza | 1 University Plaza Drive, 07601 | 126,000 | 1986 |
| 540 Hudson Street | 540 Hudson Street, 07601 | 33,000 | 1986 |
| 250 Essex St | 250 Essex St, 07601 | 30,000 | 1986 |
| 321 Essex St | 321 Essex St, 07601 | 13,500 | 1986 |
| 321 Essex St | 321 Essex St, 07601 | 13,500 | 1986 |
| 3 University Plaza | 3 University Plaza, 07601 | 210,500 | 1985 |
| Prospect Plaza | 385 Prospect Avenue, 07601 | 61,905 | 1983 |
| Continental Plaza | 401 Hackensack Avenue, 07601 | 647,947 | 1970 |
Worth noting among recent office completions on the Hackensack market is 75 Essex Street, which is currently the largest new office development in the city, at 28,897 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Hackensack commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.