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Hamilton Township Office Rent Price & Sales Report

2023 Office Space Rent & Sales

  • $26.40 2023 Avg. Asking Rent
  • 20.03% 2023 Office Vacancy Rate

Hamilton Township office price per square foot in 2023 was $26.40 on average. The local office market recorded an average vacancy rate of 20.03% 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

2023 Average Office Rent per Square Foot

  • New Jersey Class A & A+ Office Space$39.79
  • New Jersey Class B Office Space$27.52
  • New Jersey Class C Office Space$33.47

Hamilton Township, NJ Office Asking Rents by Class

2023 Office Vacancy Rates in Hamilton Township

Submarket Asking Rents Vacancy Rates
Trenton $25.15 29.54%
Trenton $25.15 29.54%
Trenton $25.15 29.54%
Trenton $25.15 29.54%
Data provided by Commercial Edge
Submarket differences in factors such as property mix, degree of accessibility, and availability of amenities influence not only variation in office rent price, but also in vacancy rates. The overall office vacancy rate on the Hamilton Township market was 20.03% in 2023. Looking at the market stats on a more granular level, data shows that the lowest office vacancy rate in Hamilton Township was 29.54% in the Trenton submarket, while the highest office vacancy in the market was 29.54%, recorded in Trenton.

Office Spaces for Rent in New Jersey

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Coworking Spaces in New Jersey

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Largest Office Properties Recently Completed in Hamilton Township
Office building Address SF Completed
200 Clocktower Drive 200 Clocktower Drive, 08690 59,368 2014
1000-2000 Waterview Drive 1000-2000 Waterview Drive, 08691 60,000 2009
Hamilton Clocktower Corporate Center 200 Clocktower Drive, 08690 105,000 2008
Gateway 195 Centre 5 Commerce Way, 08691 93,840 2008
Horizon Center Business Park - 700 Horizon Drive 700 Horizon Drive, 08691 120,000 2007
3836-3840 Quakerbridge Road 3836-3840 Quakerbridge Road, 08619 33,000 2006
3500 Quakerbridge Road 3500 Quakerbridge Road, 08619 55,900 2001
1225-1255 Whitehorse Mercerville Road 1225 Whitehorse Mercerville Road, 08619 125,924 1995
Gateway Business Center 8 Commerce Way, 08691 30,999 1995
University Office Plaza II 3705 Quakerbridge Road, 08619 120,000 1990

Worth noting among recent office completions on the Hamilton Township market is 200 Clocktower Drive, which is currently the largest new office development in the city, at 59,368 square feet.

Data provided by Commercial Edge

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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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Hamilton Township 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.


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