Newark Central Business District Office Space

Newark Central Business District

Office Space Market Report

Number of Listings (last 90 days)
28
As of: April 24, 2017

Newark Central Business District Rates

Most listings are in the $0's per square foot per year. The Newark Central Business District submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $31 per sqft per year. That's a 100% decline in rent.

Newark Central Business District Listing Supply

In the last 90 days, 28 listings have been made available, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most buildings in this region are around 15 floors. Most buildings in this area were built in 1967 and are Class A.

Newark Central Business District Community

Finance and insurance are the dominant industries in this market. Most of the occupants of Newark Central Business District work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Newark Central Business District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Newark Central Business District.
Research