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Family Office Briefing on research bySavills·Jul 9, 2025

Northern New Jersey Q2 2025 Industrial Market Report

This report analyzes the industrial market in Northern New Jersey for Q2 2025, highlighting key trends in vacancy rates, asking rents, and net absorption.

IndustrialNew JerseyQ2 2025

Key Metrics

MetricValue
Vacancy Rate7.3%
Asking Rental Rate16.57$/sf
Net Absorption YTD1.9msf
Deliveries YTD4.7msf
Under Construction7.6msf

Metrics extracted from the source report and independently fact-checked. Method →

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