The typical asking rate per listing is in the $0's per square foot per year. The Newark Central Business District submarket is going through a decline in rates. In the last 3 months, the median rate fell $31 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 28 listings have been listed, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. 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 sqft. Most properties in this area are close to 15 floors. Most buildings in this area were built in 1967 and are Class A.
Finance and insurance are the dominant industries in this area. Most of the occupants of Newark Central Business District work from home. Commuting approximately 30 minutes a day is the norm for those who opt to reside in this part of town.