Newark Office Space

Newark

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,500
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 decline in rates. In the last 3 months, the median rate decreased $40 per sqft per year. That's a 71% decrease in rent.

Newark Listing Supply

In the last 90 days, 33 listings have been listed, which means leases 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.

The standard measurement for office space in this area is around 1,500 sqft. Most properties in this market are approximately 1 stories. Most buildings in this area were built in 1983 and are Class C.

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