Commercial Real Estate Market in Newark, NY
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
30 active listings and 405 off-market properties in Newark, NY. Commercial property asks $92/SF to buy and $13.98/SF/Yr to lease.
Market Trends
Newark, NY spans 45.2 square miles in Wayne County, New York. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Newark, NY asks $58/SF to buy. Vacancy runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Newark, NY runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Newark, NY runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily vacancy in Newark, NY runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Newark, NY has 13,459 residents in 6,202 households. Density runs 298 people per square mile. Median household income here is $61,117 and median gross rent $1,027 a month.
13,459
Population
6,202
Households
2.2
Avg Household Size
44
Median Age
19%
College-Educated
89%
High-School Grad
45.2 sq mi
ZIP Area
298
Density / Sq Mi
$61,117
Median Household Income
$37,790
Median Earnings
$1,027
Median Rent
$133,500
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| East Palmyra | — | — |
| Lyons | — | $5.48 |
| Palmyra | — | $248.30 |
Commercial property in Newark, NY asks $92/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newark?
Commercial property in Newark, NY asks an average of $92 per square foot. The 6 most recent recorded sales traded at a median of $86/SF, so asking sits 6% above the achieved median. Office carries the highest asking price at $58/SF.
How much does it cost to lease commercial space in Newark?
Asking lease rates in Newark, NY average $13.98 per square foot per year.
Where does Realmo's Newark market data come from?
Realmo compiles Newark, NY figures from 7 recent recorded sales, 23 active sale listings, 7 active lease listings, 405 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 23 active for-sale and 7 active for-lease listings in Newark, NY. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
