Newark Commercial Real Estate

Need Help Finding Space?
Equity 3 Realty
I represent tenants and can
help you go see this space.
879 S Franklin Ave - Space Upper Roseville, Newark, NJ NNN charges: $5 per sqft
Sep 19
2,600
sqft
Retail Restaurant
787 Broad St - 3 Spaces Newark Central Business District, Newark, NJ  
Sep 09
25,000
sqft
Retail
787 Broad St - 3 Spaces Newark Central Business District, Newark, NJ  
Sep 09
2,400 - 4,000
sqft
Retail
139 7th Ave - 2 Spaces Seventh Avenue, Newark, NJ Onsite Parking.
Sep 01
2,250 - 3,500
sqft
Retail
153 Halsey St - Floor 8 Newark, NJ HVAC
Aug 02
21,140
sqft
Office
80 Park Pl - 5 Spaces Newark, NJ This listing is a modified gross lease.
Jun 27
32,060 - 33,170
sqft
Office
467 Lyons Ave - 4 Spaces Newark, NJ Close Highway.
May 16
1,090 - 2,100
sqft
Retail
765 Broad St - 4 Spaces Newark, NJ rental rate negotiable
Apr 22
14,320 - 30,000
sqft
Office

Newark

Market Report

Number of Listings
Posted in the last 90 days
38
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
10,390

Newark Rates

On average, listings lease in the $40's per square foot per year. The Newark submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 6% decrease in rent.

Compared to the rest of the Essex County market, the Newark submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated submarket.

Newark Listing Supply

In the last 90 days, 612 listings have been made available, so you'll want to check back regularly for new listings. About 7% of the listings in the Newark are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 10,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are around 4 floors. Most buildings in this area were built in 1971 and are Class A.

Newark Community

Market Data

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