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% |
Coworking Spaces in New Jersey
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Office building | Address | SF | Completed |
---|---|---|---|
200 Clocktower Drive | 200 Clocktower Drive, 08690 | 59,368 | 2014 |
2291-2297 Route 33, Hamilton Twp, 08691 | 2291-2297 Route 33, 08690 | 47,129 | 2012 |
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 - 3-7 Commerce Way | 5 Commerce Way, 08691 | 90,000 | 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 |
2300 Route 33 | 2300 Route 33, 08691 | 47,118 | 2005 |
3500 Quakerbridge Road | 3500 Quakerbridge Road, 08619 | 55,900 | 2001 |
1225-1255 Whitehorse Mercerville Road | 1225 Whitehorse Mercerville Road, 08619 | 125,924 | 1995 |
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.
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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.