Newark Office Space

Newark

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,600
As of: March 12, 2017

Newark Rates

On average, listings lease in the $10's per square foot per year. The Newark submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 17% decrease in rent.

Newark Listing Supply

In the last 90 days, 2 listings have been listed, which means listings might be 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 posted, so finding a space for a small business might be tough.

Even though the median size is 4,600 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 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