Newark Sublease

Newark

Office Space Market Report

Number of Listings (last 90 days)
24
As of: April 30, 2017

Newark Rates

On average, listings lease in the $0's per square foot per year. The Newark submarket is going through a decline in rates. In the last 3 months, the median rate decreased $37 per sqft per year. That's a 100% decrease in rent.

Newark Listing Supply

In the last 90 days, 24 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most properties in this region are around 1 stories. Most buildings in this area were built in 1996 and are Class A.

Newark Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Newark residents. Commuting close to an hour and a half 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 Newark.
Market Report

Market Data

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

Newark Submarkets