Northern New Jersey Office Market Report

Suburban properties continue to outperform. Vacancy among Class B and C properties in Northern New Jersey fell to 8.4 percent as of June 2026, roughly 100 basis points below the year-end 2019 level. Bergen and Essex counties, which contain some of the metro’s largest inventories of mid-tier office space, helped drive this performance. The trend suggests that many tenants remain attracted to well-located suburban offices that offer lower occupancy costs while staying close to many of the metro’s highest-income residential communities.