Newark, NJ Flex Space for Lease
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Newark, NJ Flex space Lease Rates & Market Statistics
Browse 12 Flex space listings for lease in Newark, NJ on Realmo, a commercial real estate marketplace serving the Newark area. The current inventory totals 31,005 square feet of properties — an average of ~2,600 SF per listing.
Asking lease rates for Flex space in Newark start at $5.60 SF/Yr, average $9.80 SF/Yr, and reach $14 SF/Yr at the top of the market. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $9.80 SF/Yr, the local average runs 44% below New Jersey's state average of $17.35 SF/Yr.
Newark accounts for 40% of the 30 flex space listings currently available across Essex County, where nearby markets include Fairfield and Millburn. Flex space listings make up 48% of the 25 Industrial properties currently for lease in Newark, with asking rates averaging $9.80 SF/Yr — 14% below the citywide Industrial properties average of $11.36 SF/Yr. Tenants comparing options may also consider Distribution centers (5 listings) and Other industrial properties (5 listings) elsewhere in the Newark market.