The typical asking rate per listing is in the $20's per square foot per year. The Newark Metro region is experiencing a decrease in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 17% decline in rent.
In the last 90 days, 60 listings have come on the market, so you'll want to check back regularly for new listings. About 8% of the available leases in the Newark Metro are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,210 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 3 stories. Most buildings in this area were built in 1975 and are Class A.