Wednesday, June 10, 2026
Family Office Briefing on research bySavills·Apr 10, 2024

Northern New Jersey Q1 2024 Industrial Market Report

Northern New Jersey industrial vacancy increased to 6.1% in Q1 2024 — family offices should consider co-GP opportunities in competitive submarkets.

IndustrialNew JerseyQ1 2024

Key Metrics

MetricValue
Vacancy Rate6.1%
Asking Rental Rate17.46$/sf
Net Absorption-0.2msf

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

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