The typical asking rate per listing is in the $30's per square foot per year. The Brookdale submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $32 per sqft per year.
Compared to the rest of the Newark Metro market, the Brookdale region has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 13 listings have been made available, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 6,090 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this region were built in 1972 and are Class A.