New Jersey Commercial Lease: Types, Key Terms To Know, Costs

Reviewed for legal accuracy by Forest Hamilton JD

Quick Facts — Commercial Lease Lawyers (New Jersey)

A New Jersey commercial lease agreement is a legal contract that allows a landowner to lease a property to a person or organization for commercial use be it retail, office, or industrial spaces. A commercial lease agreement entails rent amount, lease duration, security deposit, provisions about a lease renewal, and penalties for any breach of contract. The lease agreement becomes a binding contract after being signed by both parties that can be enforced in court. Since commercial landlords prefer longer lease terms, the duration of a commercial lease is often between three and five years.

Types of New Jersey Commercial Lease

  • Full-Service Lease

    When you sign a full-service lease, also known as a gross lease, you agree to be financially liable for the basic rent. This is because the tenant's rent pays for all operational property costs. Taxes on real estate, utilities, maintenance, and other costs are examples but not the only ones that might be incurred.

  • Net Lease

    A commercial real estate lease with significant flexibility is the net lease. Additionally, the tenant is responsible for paying fixed running costs including real estate taxes, insurance, and upkeep of shared spaces (net leases come in triple, double, and single forms). The amount of debt the landlord transfers to the tenant depends on the specific form of net lease.

Meet some lawyers on our platform

Dolan W.

1078 projects on CC
CC verified
View Profile

Jorge R.

23 projects on CC
CC verified
View Profile

Lori B.

220 projects on CC
CC verified
View Profile

Rhea d.

230 projects on CC
CC verified
View Profile

Key Terms Related to New Jersey Commercial Lease

  • Security Deposit: The sum of money a tenant pays at the start of a rental agreement that may subsequently be used to cover any damage the tenant does to the home.
  • Base Rent: The minimum rent owed under a lease in the context of a commercial lease. The real rental rate the landlord must get after deducting the value of incentives from the basic rental rate is known as the reasonable rent.

Each state in the USA approaches commercial leasing rules differently, and as a result, several laws are in effect. You may leverage Contracts Counsel's experience to get the top New York commercial leasing attorneys. Find the attorney you want and need by visiting ContractsCounsel today. Compare multiple free proposals from vetted lawyers and save 60% less than traditional law firms - start your job proposal here.

Frequently Asked Questions

How do I hire a lawyer to draft a commercial lease in New Jersey?
How much does it cost to hire a lawyer to review a commercial lease in New Jersey?

See Commercial Lease by State

See Real Commercial Lease Projects

Pennsylvania Lease Review Review
  • Pennsylvania
  • 3 lawyer bids
  • $450 - $850
View Details
New Jersey Review of Commercial Lease for Dispensary Review
  • New Jersey
  • 5 lawyer bids
  • $700 - $950
View Details
Georgia review of business property leasing agreement Review
  • Georgia
  • 5 lawyer bids
  • $750 - $1,650
View Details
Texas Real Estate Lease Review Review
  • Texas
  • 4 lawyer bids
  • $700 - $1,250
View Details
Georgia Commercial Lease Review for a tenant Review
  • Georgia
  • 4 lawyer bids
  • $500 - $845
View Details
Arizona Commercial Lease Drafting Drafting
  • Arizona
  • 5 lawyer bids
  • $650 - $1,850
View Details

See all Commercial Lease projects in New Jersey


ContractsCounsel is not a law firm, and this post should not be considered and does not contain legal advice. To ensure the information and advice in this post are correct, sufficient, and appropriate for your situation, please consult a licensed attorney. Also, using or accessing ContractsCounsel's site does not create an attorney-client relationship between you and ContractsCounsel.


Need help with a Commercial Lease?

Create a free project posting
Clients Rate Lawyers 4.9 Stars
based on 20,512 reviews

Meet some of our New Jersey Commercial Lease Lawyers

Agnes M. on ContractsCounsel
View Agnes
5.0 (10)
Member Since:
July 13, 2020

Agnes M.

Managing Attorney
Free Consultation
Florida
16 Yrs Experience
Licensed in NJ FL, PA
Florida Coastal School of Law

Agnes Mombrun Geter is the Founder and Managing Attorney of Mombrun Law, PLLC. She is an experienced attorney and is a member of the Florida Bar, New Jersey Bar, and the Pennsylvania Bar. The firm's practice focuses on Estate Planning, Business Law, and Debt Settlement including IRS Debt Relief. The firm's goal is to simplify the law and provide clients with the confidence and information necessary to make their decisions. The firm also provides project-based legal services to other attorneys and law firms, along with assisting as personal counsel and local counsel on legal matters.

Recent  ContractsCounsel Client  Review:
5.0

"Ma. Agnes was very kind and thorough. I highly recommend her and would hire her again if needed."

Matthew S. on ContractsCounsel
View Matthew
4.9 (12)
Member Since:
August 5, 2020

Matthew S.

Attorney
Free Consultation
Flemington, NJ
42 Yrs Experience
Licensed in NJ NY
Benjamin N. Cardozo School of Law (Yeshiva University)

I am a 1984 graduate of the Benjamin N Cardozo School of Law (Yeshiva University) and have been licensed in New Jersey for over 35 years. I have extensive experience in negotiating real estate, business contracts, and loan agreements. Depending on your needs I can work remotely or face-to-face. I offer prompt and courteous service and can tailor a contract and process to meet your needs.

Recent  ContractsCounsel Client  Review:
5.0

"Matthew was prompt and professional and satisfied all requirements of my request!"

John B. on ContractsCounsel
View John
Member Since:
July 13, 2020

John B.

Managing Partner
Free Consultation
New York, NY
11 Yrs Experience
Licensed in NJ NY
New York Law School

John Benemerito is the Founder and Managing Partner of Benemerito Attorneys at Law. Admitted to practice in New York and New Jersey, John represents small business owners and startups in the areas of Business and Securities Law. John received his Bachelors Degree at John Jay College of Criminal Justice where he majored in Criminal Justice. Afterwards, he attended New York Law School where he focused his studies on Corporate and Securities Law. John comes from a family of entrepreneurs. From as far back as he can remember he was always involved in his family’s numerous businesses. At the age of fifteen, John entered into a new business venture with his father and managed to grow and maintain that business through high school, college and law school.John is currently a co founder in over five different businesses. After law school, John decided that he wanted to help people like himself. He opened his own law practice and began working primarily with small business owners until he was introduced into the startup world. Ever since that time, John has worked with hundreds of startups and thousands of entrepreneurs from all different backgrounds in helping them achieve their goals. Having been an entrepreneur his entire life, John understands what it takes to create and maintain a successful business. He enjoys sitting down and working with his clients in figuring out each of their unique challenges.

David C. on ContractsCounsel
View David
Member Since:
July 15, 2020

David C.

Law Firm Principal
Free Consultation
Miami, FL
45 Yrs Experience
Licensed in NJ FL
University of Florida, Levin College of Law

David H. Charlip, the principal of Charlip Law Group, LC, is one of only 101 Board Certified Civil Trial Lawyers in Miami-Dade, with over 40 years of litigation experience. Mr. Charlip is also one of only 136 Florida Civil Law Notaries. He is also a Florida Supreme Court Certified Circuit Civil Mediator and a Florida Supreme Court Approved Arbitrator. He has managed and litigated cases across the country. Mr. Charlip has advised businesses, drafted business formation and purchase and sale documents and litigated business disputes for over 40 years and is very familiar with all aspects of contractual relations.

Lourdes H. on ContractsCounsel
View Lourdes
Member Since:
July 15, 2020

Lourdes H.

Attorney
Free Consultation
Miami, FL
22 Yrs Experience
Licensed in NJ FL
University of Miami, J.D.

With 19 years of experience in the area of estate planning, trademarks, copyrights and contracts, I am currently licensed in Florida and NJ. My expertise includes: counseling clients on intellectual property availability, use and registration; oversee all procedural details of registration and responses with the USPTO/US Copyright Office; negotiate, draft and review corporate contracts and licensing; counsel clients on personal protection, planning and drafting comprehensive estate plans.

Aaron M. on ContractsCounsel
View Aaron
Member Since:
July 16, 2020

Aaron M.

Shareholder
Free Consultation
New York, NY
16 Yrs Experience
Licensed in NJ NY
Fordham University School of Law

Aaron focuses his practice on entrepreneurs and emerging growth companies, providing general counsel services for companies from formation through exit. Aaron frequently advises clients in connection with routine and unique legal, business, and strategic decisions, including corporate, business and technology transactions, angel and venture financings, mergers and acquisitions, protection of intellectual property, and information privacy and data security.

Jaclyn I. on ContractsCounsel
View Jaclyn
Member Since:
September 10, 2020

Jaclyn I.

Attorney
Free Consultation
New York, NY
16 Yrs Experience
Licensed in NJ NY
Hofstra University, Maurice A. Deane School of Law (J.D.)

Jaclyn is an experienced intellectual property and transactional attorney residing and working in NYC, and serving clients throughout the United States and internationally. She brings a targeted breadth of knowledge in intellectual property law, having years of experience working within the media, theater, PR and communications industries, and having represented clients in the music, entertainment, fashion, event production, digital media, tech, food/beverage, consumer goods, and beauty industries. She is an expert in trademark, copyright, and complex media and entertainment law matters. Jaclyn also taught as an Adjunct Professor at Cardozo School of Law, having developed and instructed the school’s first Trademark Practicum course for international students. In her spare time, Jaclyn’s passion for theater and love for NYC keeps her exploring the boundless creativity in the world’s greatest city!

Find the best lawyer for your project

Browse Lawyers Now

Lawyer Reviews for New Jersey Commercial Lease Projects

Review a lease for a new commercial office space

5.0

"."

Colorado
Review
Commercial Lease
ContractsCounsel User

Real Estate Attorney Needed for Lease Agreement Review in TN

5.0

"Will did a great job of reviewing our commercial lease and explaining the legal implications in a clear way. We hope to work with him again in the future."

Tennessee
Review
Commercial Lease
ContractsCounsel User

Flat-Fee Review of Commercial Lease Amendment (Tenant Side)

5.0

"I like working with Scott M. He's very thorough and respond back quickly."

California
Drafting
Commercial Lease
ContractsCounsel User

Review Florida Self Storage Lease and Lien Procedures with Redlines

5.0

"Amazing to work with, answered all my follow-up questions without hesitation. Highly recommend Michael."

Florida
Review
Commercial Lease
ContractsCounsel User

Commercial Lease Review

5.0

"very responsive , rapid turnaround and helpful insights . most importantly best price I found by a mile"

Florida
Review
Commercial Lease
ContractsCounsel User

Commercial Real Estate

Commercial Lease

North Carolina

Asked on Apr 26, 2023

How is the rent determined in a commercial lease agreement?

I am a small business owner looking to rent a space for my business. I am currently in negotiations with the landlord of a commercial property and we are discussing the terms of the lease agreement. We have reached a point where we need to discuss the rent and how it will be determined. I need to understand more about how rent is determined in commercial leases so that I can negotiate a fair and reasonable agreement.

N'kia N.

Answered May 19, 2023

In North Carolina, commercial rent is commonly calculated as a set dollar amount per square foot. This dollar amount is usually based on factors like location, age, condition, accessibility, and amenities. However, there is no requirement for rent to be determined this way. Unlike a residential lease agreement, the terms of a commercial lease agreement can be almost anything that the parties mutually agree to. As a word of caution, in North Carolina, commercial tenants do not have the same degree of legal protections as residential tenants. For just one example, a tenant who wishes to terminate a commercial lease early may be responsible for the entire remainder of the rent unless the lease agreement says otherwise.

Read 1 attorney answer>

Commercial Real Estate

Commercial Lease

Maryland

Asked on Apr 27, 2023

What are the notice requirements for terminating the lease?

I am a business owner who recently signed a commercial lease for a property. I am looking to terminate the lease but am unsure of the notice requirements I must adhere to in order to do so. I would like to know what the notice requirements are for terminating the lease so that I can ensure I do not breach the terms of the lease.

Michael C.

Answered Jun 1, 2023

The notice requirements for terminating a commercial lease in Maryland are going to vary depending on the specific terms of your lease agreement. Please read and refer to your lease. If your lease is month to month, then it's likely you'll have to provide at least 30 days notice. If your lease is for a longer term (6 to 12 months), it's likely you'll have to provide at least 90 days notice, and may need to pay damages for breach of the lease agreement.

Read 1 attorney answer>

Real Estate

Commercial Lease

Florida

Asked on Apr 17, 2023

What's the parking situation in a commercial lease?

I am currently in the process of signing a commercial lease for a retail store and I need to know the parking situation that is included in the lease. I have read through the lease and I'm not sure if the parking is included or if I have to arrange it myself. I need to know if I will be able to provide adequate parking for my customers and employees.

Diane D.

Answered Apr 18, 2023

The only way to answer this question is to have an attorney read the lease.

Read 1 attorney answer>

Commercial Real Estate

Commercial Lease

Maryland

Asked on Apr 12, 2023

Can the tenant make alterations to the property?

I am a tenant of a commercial property and I am interested in making some alterations to the property. I understand that I will need the landlord's permission to make these changes, but I am unsure of what the landlord's policy is regarding tenant alterations and what the legal implications of making such changes might be. I am looking for clarification on the tenant's rights and obligations when making alterations to a commercial lease agreement.

O.T. W.

Answered Apr 14, 2023

Hello! There should be an alterations clause in your lease that speaks to what is or isn't allowed in your space. Your safest bet is to have your landlord review and sign a letter of consent for more substantial improvements (beyond paint, mounting items, etc.)

Read 1 attorney answer>

Commercial Real Estate

Commercial Lease

Massachusetts

Asked on Apr 17, 2023

Can the tenant assign the lease to another business?

I am a business owner who recently signed a commercial lease for a retail space. I was recently approached by another business who is interested in taking over my lease, and I am wondering if I am able to assign the lease to them. I am looking to understand the legal implications of assigning the lease, as well as any other requirements or restrictions I should be aware of.

Joseph M.

Answered May 12, 2023

In Massachusetts, a commercial tenant can assign or sublet the unit to a third party - UNLESS there is a specific prohibition in the current lease. However, even if there is such a prohibition, it might still be worth speaking to the landlord about since it might be mutually beneficial.

Read 1 attorney answer>
See more legal questions…

Quick, user friendly and one of the better ways I've come across to get ahold of lawyers willing to take new clients.

View Trustpilot Review

Need help with a Commercial Lease?

Create a free project posting
Clients Rate Lawyers 4.9 Stars
based on 20,512 reviews
Real Estate lawyers by top cities
See All New Jersey Real Estate Lawyers
New Jersey Commercial Lease lawyers by city
See All Commercial Lease Lawyers

ContractsCounsel User

Recent Project:
Review Commercial Lease for Tenant
Location: Florida
Turnaround: Less than a week
Service: Contract Review
Doc Type: Commercial Lease
Page Count: 12
Number of Bids: 14
Bid Range: $200 - $1,250

ContractsCounsel User

Recent Project:
Commercial Land Lease Agreement
Location: Oklahoma
Turnaround: Less than a week
Service: Drafting
Doc Type: Commercial Lease
Number of Bids: 4
Bid Range: $740 - $1,999

Need help with a Commercial Lease?

Create a free project posting
Clients Rate Lawyers 4.9 Stars
based on 20,512 reviews

Want to speak to someone?

Get in touch below and we will schedule a time to connect!

Request a call

Find lawyers and attorneys by city