Highlights
- The average rent for office space in Hackensack is $41.58 per square foot, 3.36% lower compared to the previous year.
- The market’s vacancy rate stands at 14.44%, lower than the state average of New Jersey, which is 17.23%.
2025 Office Space Rent & Sales
- $41.58 2025 Avg. Asking Rent
- -3.36% Y-o-Y Avg. Asking Rent Change
- 14.44% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Hackensack?
Average asking rents for office space here stand at $41.58 per square foot. The local office market recorded an average vacancy rate of 14.44% in 2025, unchanged from 14.44% in 2024.
Hackensack, NJ Office Asking Rents by Class
What is the average office rent per square foot by property class in NJ?
- Avg. Asking Rent Class A & A+$40.31
- Avg. Asking Rent Class B$28.60
- Avg. Asking Rent Class C$21.70
For comparison, the average rent for Class A and A+ office space in New Jersey was $40.31 per square foot. The state-wide average for Class B space was $28.60 per square foot, and Class C office spaces averaged $21.70 per square foot.
Office Construction in Hackensack, NJ
What are the largest recent office completions in Hackensack?
The largest recent office completion here is Continental Plaza at 647,947 square feet, completed in 1970. The next largest completions are Continental Plaza III and 3 University Plaza.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 250 Essex St | 250 Essex St, 07601 | 30,000 | 1986 |
| 3 University Plaza | 3 University Plaza, 07601 | 210,500 | 1985 |
| Prospect Plaza | 385 Prospect Avenue, 07601 | 61,905 | 1983 |
| Continental Plaza III | 433 Hackensack Avenue, 07601 | 294,520 | 1975 |
| Continental Plaza | 401 Hackensack Avenue, 07601 | 647,947 | 1970 |
| 15 Emerald St | 15 Emerald St, 07601 | 4,715 | 1954 |
| 407 State St | 407 State St, 07601 | 4,748 | 1941 |
| 147 153 Hudson St # 153 | 147 153 Hudson St # 153, 07601 | 13,000 | 1939 |
| 151 Hudson St | 151 Hudson St, 07601 | 4,500 | 1939 |
| 241 Hudson St | 241 Hudson St, 07601 | 14,932 | 1936 |
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Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
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 Yardi Research Data can guarantee that the information provided is complete.