Newark Industrial

Newark

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
7,810
As of: May 20, 2017

Newark Rates

Compared to the rest of the Newark Metro market, the Newark region has smaller rates, so you should have no trouble finding a great deal in this undervalued region.

Newark Listing Supply

In the last 90 days, 29 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 3% of the office spaces in the Newark are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 7,810 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are close to 5 floors. Most buildings in this market were built in 1971 and are Class A.

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