Newark Sublease

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Newark

Office Space Market Report

Number of Listings (last 90 days)
33
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
1,500
As of: March 12, 2017

Newark Rates

The typical asking rate per listing is in the $10's per square foot per year. The Newark submarket is seeing a decline in rates. In the last 3 months, the median rate fell $40 per sqft per year. That's a 71% decrease in rent.

Newark Listing Supply

In the last 90 days, 33 listings have come on the market, which means office spaces most likley are 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.

The standard measurement for office space in this area is around 1,500 sqft. Most buildings in this region are around 1 floors. Most buildings in this area were built in 1983 and are Class C.

Newark Community

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