Newark Office Space

Newark

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,350

Newark Rates

On average, listings lease in the $10's per square foot per year. The Newark submarket is going through a a rise in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 2% increase in rent.

Newark Listing Supply

In the last 90 days, 94 listings have been posted online, so you'll want to check back regularly for new listings. About 12% of the available leases in the Newark are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,350 sqft. Most properties in this area are around 1 stories. Most buildings in this region were built in 1977 and are Class C.

Newark Community

Market Data

Real time and historical data on commercial real estate listings in Newark.
Research