Compared to the rest of the Essex County market, the Newark submarket has smaller rates, so you should have no trouble finding a great deal in this depreciated region.
In the last 90 days, 29 listings have been listed, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 124% of the listings in the Newark are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 8,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 5 floors. Most buildings in this market were built in 1971 and are Class A.