Newark Metro Office Space

Newark Metro

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Newark Metro Rates

On average, listings lease in the $20's per square foot per year. The Newark Metro submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.

Newark Metro Listing Supply

In the last 90 days, 105 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the available space in the Newark Metro are subleases, so you will probably have to consider a longer term lease. 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 10,900 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this region were built in 1975 and are Class A.

Newark Metro Community

Market Report

Trends and status of the commercial real estate market in Newark Metro.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Newark Metro.