Sterling Park$29.04 – $35.36/SF/yr FS
Newark CBD Submarket — Northern New Jersey
Newark CBD submarket of Northern New Jersey: 13 tracked properties, 3,068,200 SF of inventory and 1,463,400 SF available.
13Listings
1,463,400 SFAvailable space
3,068,200 SFTotal inventory
$31.24/SFAvg asking rent
30,400 SFMedian suite
Brazos Tower$44.03 – $53.60/SF/yr NNN
Pecos Tower$49.76 – $60.58/SF/yr NNN
2502 Riverfront Plz$32.53 – $39.60/SF/yr FS
Pinnacle CenterRate on request
2286 Market StRate on request
Riverfront Gateway$9.98 – $12.15/SF/yr NNN
Concord Gateway$31.34 – $38.15/SF/yr FS
Lone Star Point$18.79 – $22.87/SF/yr NNN
Frontier Tower$7.65 – $9.32/SF/yr NNN
Pecos Tower$15.77 – $19.19/SF/yr NNN
Liberty Place$42.48 – $51.71/SF/yr FS
Meridian Center$28.54 – $34.74/SF/yr FS
13 commercial properties are tracked in the Newark CBD submarket, representing 3,068,200 SF of rentable building area, of which 1,463,400 SF is currently marketed as available.
Asking rents average $31.24 per square foot per year, the median marketed suite is 30,400 SF, and listings have been on market a median of 409 days.
The stock splits 4 Class A, 5 Class B, 4 Class C, with construction dates from 1931 to 2024 (median 1964).
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Frequently asked questions
What is the average asking rent for commercial space in Newark CBD, NJ?
Across the 13 commercial listings published in Newark CBD, NJ, asking rents average $31.24 per square foot per year, quoted on a NNN basis.
How much commercial space is available in Newark CBD, NJ?
1,463,400 SF is currently marketed across 9 buildings, out of 3,068,200 SF of total inventory.
What is the commercial vacancy rate in the Northern New Jersey market?
The Northern New Jersey commercial market is running 31.6% vacancy with year-over-year asking rent growth of 5.0%.
Which submarkets have the most commercial space in Newark CBD, NJ?
Newark CBD (13 properties).
What cap rates are commercial assets trading at in Newark CBD, NJ?
Listed commercial assets in Newark CBD, NJ show an average asking cap rate of 8.20%. Closed sale comparables are available in RealStar's Sales module.
Which brokerages are most active in Newark CBD, NJ?
Concord Realty Services (2 listings), Pinnacle CRE (1 listing), Summit Advisory Group (1 listing), Republic Partners (1 listing), Meridian Realty Partners (1 listing). See the full Newark CBD, NJ broker directory.
How do I list a commercial property in Newark CBD, NJ?
Publish it from RealStar in a few minutes. Basic listings are free; Silver, Gold, Platinum and Diamond packages lift the listing above free inventory and add media, syndication and lead reporting. Compare advertising packages.