Curious about New Jersey cell tower lease rates, rent, and buyout valuations? This page provides the latest data, expert insights, and real-life case studies tailored to New Jersey property owners. Get the knowledge you need to maximize your lease’s value and make confident decisions about your cell tower agreement.
Below is state and city rent data. It is useful — but it doesn’t tell you what your lease is really worth.
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🏙️ New Jersey Cell Tower Lease Rates
Statewide Average
💵 $1,780 to $3,370
📌 Dense infrastructure and limited ground space drive rooftop and disguised site value.
Newark
💵 $2,460 to $4,680
📌 Metro NYC data demand intensifies carrier lease competition.
Jersey City
💵 $2,350 to $4,460
📌 Rooftop zoning encourages smart antenna and microcell expansion.
Paterson
💵 $1,920 to $3,680
📌 Redevelopment zones incentivize long-term carrier buildouts.
Elizabeth
💵 $2,010 to $3,870
📌 Port logistics and transportation corridors boost tower ROI.
Edison
💵 $1,990 to $3,820
📌 Proximity to major interstates fuels high-frequency installations.
Rural New Jersey
💵 $690 to $1,270
📌 Farmland preservation zones limit access to key build areas.
🏘️ Case Study: Suburban Office Campus Lease – Bergen County, New Jersey
Owner: Real estate investment trust (REIT)
Property Type: 3-building office campus
Initial Offer: $1,800/month, 20-year ground lease
Tenant: National carrier adding 5G site
🚩 Risks Uncovered
- Tenant wanted unrestricted equipment rights
- No coverage for damages caused to property or buildings
- Site size to large and needs reduction
📡 Cell Fax Insights
- Similar corporate campus towers: $3,200–$3,900/month
- Best leases include landlord review terms and smaller premises size
✅ Final Outcome
- Rent: $3,875/month, 3% escalator
- Equipment footprint capped at 400 sq ft
- Taxes, Utilities and Insurance costs shared by tenant
