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Secaucus Office Rent Price & Sales Report

2020 Office Space Rent & Sales

  • $29.51 2020 Avg. Asking Rent
  • -4.24% Y-o-Y Avg. Asking Rent Change
  • 9.87% 2020 Office Vacancy Rate

Secaucus office price per square foot in 2020 was $29.51 on average. This marked a -4.24% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 9.87% across all asset classes combined.

Average Rent by Office Class

2020 Average Office Rent per Square Foot

  • Secaucus Class A Office Space$36.06
  • Secaucus Class B Office Space$29.17
  • New Jersey Class A Office Space$36.84
  • New Jersey Class B Office Space$26.76
  • New Jersey Class C Office Space$20.32

Secaucus, NJ Office Asking Rents by Class

2020 Office Construction in Secaucus, NJ

  • Secaucus, NJ Total SF completed in 2020

During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Secaucus office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.

Largest Office Properties Recently Completed in Secaucus
Office building Address SF Completed
300 Harmon Meadow Blvd 300 Harmon Meadow Blvd, 07094 125,820 2008
Cosco Logistics Corporate Headquarters 100 Lighting Way, 07094 124,000 1986
Gateway Plaza 1 Harmon Meadow Blvd, 07094 100,000 1986
500 Plaza Drive 500 Plaza Drive, 07094 455,732 1985
200 Plaza Drive 200 Plaza Drive, 07094 249,863 1985
100 Plaza Drive 100 Plaza Drive, 07094 264,973 1984
400 Plaza Drive 400 Plaza Drive, 07094 258,000 1984
333 Meadowlands Pkwy 333 Meadowlands Pkwy, 07094 138,000 1981
150 & 200 Meadowlands Pkwy 150 Meadowlands Pkwy, 07094 212,804 1980
110 Meadowlands Pkwy 110 Meadowlands Pkwy, 07094 95,000 1980

Worth noting among recent office completions on the Secaucus market is 300 Harmon Meadow Blvd, which is currently the largest new office development in the city, at 125,820 square feet.

Data provided by Commercial Edge

See reports for nearby markets

  • New York City Office Rent Price
  • Brooklyn Office Rent Price
  • Stamford Office Rent Price
  • White Plains Office Rent Price
  • Jersey City Office Rent Price
  • Yonkers Office Rent Price
  • Red Bank Office Rent Price
  • Lyndhurst Office Rent Price

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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Secaucus 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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