Paramus Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Paramus is $34.32 per square foot, 14.06% higher compared to the previous year.
  • The market’s vacancy rate stands at 10.34%, lower than the state average of New Jersey, which is 17.23%.

2025 Office Space Rent & Sales

  • $34.32 2025 Avg. Asking Rent
  • 14.06% Y-o-Y Avg. Asking Rent Change
  • 10.34% 2025 Office Vacancy Rate
  • $28.2M2025 Total Office Sales
  • $181.04Avg. Sale Price/SF

What is the average asking rent price for office space in Paramus?

Average asking rents for office space here stand at $34.32 per square foot. The local office market recorded an average vacancy rate of 10.34% in 2025, unchanged from 10.34% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $28.2M across 3 sales. These transactions commanded an average sale price per square foot of $181.04.

Paramus, 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.

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2025 Office Sales Volume

  • $181.042025 Avg. Price per SF
  • -7.50%Y-o-Y Avg. PpSF Change
  • $28.2M2025 Office Sales Volume
  • 32025 Number of Transactions

What is the average sale price per square foot for office space in Paramus?

Average sale prices for office space in this market recorded a -7.50% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $181.04 per square foot. For comparison, the statewide New Jersey average during the same time period stood at $141.87 per square foot, while the national average was $182.48 per square foot.

Paramus, NJ Sale Price per SF Trend

  • Paramus Avg. Sale Price per SF in 2025$181.04
  • New Jersey Avg. Sale Price per SF in 2025$141.87

What was the total office sales volume in Paramus in 2025?

The local office market recorded 3 deals in 2025, adding up to a yearly sales volume of $28.2M.

  • Paramus, NJ Total Office Sales Volume in 2025 $28.2M
  • Paramus, NJ Total Number of Office Sales Closed in 2025 3
Data provided by Yardi Research

What are the largest recent office completions in Paramus?

The largest recent office completion here is 61 South Paramus Road at 287,704 square feet, completed in 1984. The next largest completions are 461 From Road and 15 East Midland Avenue.

Office building Address SF Completed
75 West Century Road 75 West Century Road, 07652 27,300 2000
461 From Road 461 From Road, 07652 265,772 1988
Country Club Plaza 115 West Century Road, 07652 239,017 1988
15 East Midland Avenue 15 East Midland Avenue, 07652 250,000 1987
275 State Route 4 West 275 State Route 4 West, 07652 137,988 1987
The Atrium 80 Route 4 East, 07652 168,151 1986
61 South Paramus Road 61 South Paramus Road, 07652 287,704 1984
45 Eisenhower Drive 45 Eisenhower Drive, 07652 175,000 1984
Paramus Corporate Center 95 Route 17 North, 07652 115,516 1983
Kalisa Park 1 Kalisa Way, 07652 80,000 1983
Data provided by Yardi Research

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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.