Newark Office Space

Newark

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
2,630
As of: December 5, 2016

Newark Rates

Most listings are in the $10's per square foot per year. The Newark region is seeing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 15% decline in rent.

Newark Listing Supply

In the last 90 days, 5 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 2,630 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 1 stories. Most buildings in this area 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

Newark Submarkets