Newark Metro Office Space

Newark Metro

Office Space Market Report

Number of Listings (last 90 days)
146
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
5,000
As of: May 23, 2017

Newark Metro Rates

Most listings are in the $30's per square foot per year. The Newark Metro region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decrease in rent.

Newark Metro Listing Supply

In the last 90 days, 146 listings have been listed, so you'll want to check back regularly for new listings. About 1% of the listings in the Newark Metro are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 4,620 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1977 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.
Research