Compared to the rest of the Essex County market, the Newark region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 29 listings have been posted online, which means listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 141% of the available leases in the Newark are subleases, so you might be able to sign a shorter term by taking over a previous 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 9,230 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 5 stories. Most buildings in this market were built in 1971 and are Class A.