Newark, NJ Storefront Properties for Lease
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Newark, NJ Storefront properties Lease Rates & Market Statistics
Browse 12 Storefront properties for lease in Newark, NJ on Realmo, a commercial real estate marketplace serving the Newark area. The current inventory totals 31,703 square feet of properties — an average of ~2,650 SF per listing.
Asking lease rates for Storefront properties in Newark start at $13.33 SF/Yr, average $25.83 SF/Yr, and reach $37.50 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. The local average of $25.83 SF/Yr is in line with the New Jersey state average.
Newark accounts for 44% of the 27 storefront properties currently available across Essex County, where nearby markets include East Orange and Montclair. Storefront properties make up 29% of the 41 Retail properties & Spaces currently for lease in Newark, with asking rates averaging $25.83 SF/Yr — 16% above the citywide Retail properties & Spaces average of $22.19 SF/Yr. Tenants comparing options may also consider Other retail properties (4 listings) elsewhere in the Newark market.