Compared to the rest of the Newark Metro market, the Newark submarket has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 28 listings have been listed, which means spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 11% of the available space in the Newark are subleases, so you might be able to snag a great spot on a short term. 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 5,380 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are around 5 floors. Most buildings in this region were built in 1971 and are Class A.