Downtown Newark Office Space

Downtown Newark

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
300
As of: August 17, 2017

Downtown Newark Rates

Downtown Newark Listing Supply

In the last 90 days, 14 listings have been made available, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 21% of the listings in the Downtown Newark are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 300 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1984 and are Class C.

Downtown Newark Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Newark residents. Commuting between 30 and 45 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 Downtown Newark.
Market Report

Market Data

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

Newark Submarkets