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Flight to quality on full display in Northern New Jersey’s office market

Drop in listings of high-end space pushes overall availability rate to a five-year low
CoStar Analytics
July 18, 2025 | 4:11 P.M.

Heading into late July, the Northern New Jersey metropolitan area’s office availability rate is at 15.4%, a 55 basis point year-over-year decline to the lowest level since late 2020.

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