Newark Industrial

Newark

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
18,000
As of: May 24, 2017

Newark Rates

The typical asking rate per listing is in the $10's per square foot per year. The Newark region is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% rise in rent.

Newark Listing Supply

In the last 90 days, 2 listings have been listed, which means office spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 18,000 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are around 1 stories. Most buildings in this region were built in 1975 and are Class B.

Newark Community

Market Report

Trends and status of the commercial real estate market in Newark.
Market Report

Market Data

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