Newark Metro Retail

Newark Metro

Office Space Market Report

Number of Listings (last 90 days)
146
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
3,600
As of: March 11, 2017

Newark Metro Rates

Most listings are in the $30's per square foot per year. The Newark Metro submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $7 per sqft per year. That's a 26% rise in rent.

Newark Metro Listing Supply

In the last 90 days, 146 listings have been posted online, so you'll want to check back regularly for new listings. About 3% 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 3,600 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this area were built in 1976 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