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Office Space for Rent in Newark, NJ - 53 Listings

  • 33 Washington Street - Newark
    33 Washington Street, Downtown Newark, Newark, NJ 07102
    For Lease $25 - $30/Sqft/Year
    Property
    • Office
    Availability
    • 12 Spaces
    • 280,308 Sqft
  • 80 Park Plaza - Newark
    80 Park Plaza, Downtown Newark, Newark, NJ 07102
    For Lease $32.5/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 149,486 Sqft
  • 24 Commerce Street - Newark
    24 Commerce Street, Downtown Newark, Newark, NJ 07102
    For Lease $22/Sqft/Year
    Property
    • Office
    Availability
    • 8 Spaces
    • 18,278 Sqft
  • Military Park Building - Newark
    60 Park Place, Downtown Newark, Newark, NJ 07102
    For Lease $28/Sqft/Year
    Property
    • Office
    Availability
    • 2 Spaces
    • 3,425 Sqft
  • The Legal Center - One Riverfront Plaza - Newark
    1037 Raymond Blvd, Downtown Newark, Newark, NJ 07102
    For Lease $34.5/Sqft/Year
    Property
    • Office
    Availability
    • 11 Spaces
    • 54,652 Sqft
  • Two Gateway Center - Newark
    2 Gateway Center, Downtown Newark, Newark, NJ 07102
    For Lease $34.5/Sqft/Year
    Property
    • Office
    Availability
    • 9 Spaces
    • 252,192 Sqft
  • One Gateway Center - Newark
    1 Raymond Plaza West, Downtown Newark, Newark, NJ 07102
    For Lease $25 - $33/Sqft/Year
    Property
    • Office
    Availability
    • 32 Spaces
    • 153,186 Sqft
  • 2 Riverfront Plaza - Newark
    2 Riverfront Plaza, Downtown Newark, Newark, NJ 07102
    For Lease $34/Sqft/Year
    Property
    • Office
    Availability
    • 1 Space
    • 20,948 Sqft
  • 1100 Raymond Blvd - Newark
    1100 Raymond Blvd, Downtown Newark, Newark, NJ 07102
    For Lease $16.5/Sqft/Year
    Property
    • Office
    Availability
    • 3 Spaces
    • 59,317 Sqft
  • 375 McCarter Hwy - Newark
    375 McCarter Hwy, South Broad Valley, Newark, NJ 07114
    Contact for pricing
    Property
    • Office
    Availability
    • 5 Spaces
    • 71,923 Sqft
  • 707 Broad Street - Newark
    707 Broad Street, Downtown Newark, Newark, NJ 07102
    Contact for pricing
    Property
    • Office
    Availability
    • 3 Spaces
    • 161,399 Sqft
  • Three Gateway Center - Newark
    100 Mulberry Street, Downtown Newark, Newark, NJ 07102
    Contact for pricing
    Property
    • Office
    Availability
    • 1 Space
    • 125,600 Sqft
  • 570 Broad - Newark
    570 Broad Street, Downtown Newark, Newark, NJ 07102
    For Lease $25/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 68,500 Sqft
  • One Newark Center - Newark
    1085 Raymond Blvd, Downtown Newark, Newark, NJ 07102
    For Lease $34/Sqft/Year
    Property
    • Office
    Availability
    • 6 Spaces
    • 91,526 Sqft
  • Ironside Newark - Newark
    110 Edison Place, Downtown Newark, Newark, NJ 07102
    Contact for pricing
    Property
    • Office
    Availability
    • 2 Spaces
    • 66,368 Sqft
  • Horizon Blue Cross Blue Shield - Newark
    3 Penn Plaza East, North Ironbound, Newark, NJ 07105
    Contact for pricing
    Property
    • Office
    Availability
    • 1 Space
    • 510 Sqft
  • National Newark Building - 744 Broad Street - Newark
    744 Broad Street, Downtown Newark, Newark, NJ 07102
    Contact for pricing
    Property
    • Office
    Availability
    • 1 Space
    • 9,346 Sqft
  • 550 Broad Street - Newark
    550 Broad Street, Downtown Newark, Newark, NJ 07102
    Contact for pricing
    Property
    • Office
    Availability
    • 15 Spaces
    • 162,215 Sqft
  • 153 Halsey Street - Newark
    153 Halsey Street, Downtown Newark, Newark, NJ 07102
    Contact for pricing
    Property
    • Office
    Availability
    • 3 Spaces
    • 34,458 Sqft
  • 2 Federal Square - Newark
    2 Federal Square, Downtown Newark, Newark, NJ 07102
    Contact for pricing
    Property
    • Office
    Availability
    • 1 Space
    • 5,000 Sqft
  • The Offices at Walker House - Newark
    540 Broad Street, Downtown Newark, Newark, NJ 07102
    Contact for pricing
    Property
    • Office
    Availability
    • 6 Spaces
    • 53,698 Sqft
  • PSE&G Building - Newark
    80 Park Place, Downtown Newark, Newark, NJ 07102
    For Lease $32.5/Sqft/Year
    Property
    • Office
    Availability
    • 5 Spaces
    • 130,673 Sqft
  • Riverfront Square - Newark
    450 Broad Street, Downtown Newark, Newark, NJ 07102
    Contact for pricing
    Property
    • Office
    Availability
    • 1 Space
    • 500,000 Sqft
  • 1 Washington Park - Newark
    1 Washington Street, Downtown Newark, Newark, NJ 07102
    Off-Market
    Property
    • Office
  • The Academy Building - Newark
    17 Academy Street, Downtown Newark, Newark, NJ 07102
    Off-Market
    Property
    • Office

Newark, NJ Office Overview

Location Photo

The Newark real estate market includes the Dayton, Mount Pleasant, and North Ironbound submarkets. With a metropolitan population of over 2.5 million people, Newark is the most-populous city in New Jersey and a major East Coast hub for air, sea, and rail shipping and transit.

As of mid-2017, the Newark market encompasses nearly 14 million square feet of existing office space in properties larger than 50,000 square feet. The city is not only a major shipping port, but it also hosts numerous corporate offices and world-renowned educational institutions.

Newark, NJ Office Inventory Description

Newark was settled over 350 years ago, and over the centuries has grown into an integral part of the Port of New York and Port of New Jersey container shipping terminals. With an annual gross metropolitan product of over $177 billion, there is significant demand for Class A space in the metro. Nearly 60% of the inventory in Newark is Class A or A+, with Class B product contributing another 5.7 million square feet of space to market.

The Downtown Newark office market sees some of the strongest demand for Class A space in the region. Located along the Passaic River between Market Street and Dr. Martin Luther King Jr. Boulevard, this area is home to portfolio buildings such as 1 Washington Park, Three Gateway Center, and 550 Broad Street.

Newark, NJ Commercial Inventory Breakdown

Office Spaces

Total: 20,613,181 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 459,701 SF / 2.23% of total office
  • 100k to 500k SF: 6,412,746 SF / 31.11% of total office
  • 500k to 1M SF: 8,970,734 SF / 43.52% of total office
  • > 1M SF: 4,770,000 SF / 23.14% of total office

By class:

  • Class A: 9,806,082 SF / 47.57% of total office
  • Class B: 5,438,004 SF / 26.38% of total office
  • Class C: 78,095 SF / 0.38% of total office

Top 10 Largest Office Buildings

in Newark

Office building Address Sqft Year built
Westinghouse Redevelopment 95 Orange Street, 07102 2,000,000 n/a
Riverfront Square - Phase V 450 Broad Street, 07102 1,520,000 n/a
Pier Six at Newport NEC Thomas Gangemi Drive & Washington Street, 07310 1,250,000 n/a
Prudential Building 751 Broad Street, 07102 847,506 1960
80 Park Plaza 80 Park Plaza, 07102 824,124 1979
Two Gateway Center 2 Gateway Center, 07102 794,000 1971
Horizon Blue Cross Blue Shield 3 Penn Plaza East, 07105 781,627 1992
Prudential Tower 635 Broad Street, 07102 733,000 2015
The Wash Building 213 Washington Street, 07102 600,859 1942
2 Penn Plaza 91 Commercial Street, 07105 600,000 1992

Most Recently-Built Office Buildings

in Newark

Office building Address Sqft Year built
Ironside Newark 110 Edison Place, 07102 450,000 2019
Prudential Tower 635 Broad Street, 07102 733,000 2015
Biotrial North American Headquarters 130 Norfolk Street, 07103 70,000 2013
University Hospital - Ambulatory Care Center 140 Bergen Street, 07103 195,948 2005
Claremont Tower 11 Centre Place, 07102 247,067 2003
375 McCarter Hwy 375 McCarter Hwy, 07114 200,000 2003
321 University Avenue 321 University Avenue, 07102 88,683 2003
320 University Avenue 320 University Avenue, 07102 58,723 2001
Horizon Blue Cross Blue Shield 3 Penn Plaza East, 07105 781,627 1992
2 Penn Plaza 91 Commercial Street, 07105 600,000 1992

Newark, NJ Green Office Space

Employment

The State of New Jersey ranks 25th among the top 30 U.S. markets, for the largest amount of green office buildings. In Newark alone, there is over 1 million square feet of energy-efficient, green office space. An excellent example of a LEED-certified office building in the city is Two Riverfront Plaza in the Downtown submarket. Built in 2013, this building has nearly 338,000 square feet of Class A energy-efficient office space and has been awarded the LEED Platinum certification.

The National Green Building Adoption Index from 2017 measured the growth of green office space in the top 30 U.S. office markets and discovered that, when looking at buildings larger than 50,000 square feet, the percentage of green buildings has increased from less than 5% back in 2005 to about 38% today. New Jersey has placed 25th on the most recent survey.

Newark, NJ's Top Office-Using Sectors

The Newark commercial real estate market is driven by a mix of business and industry. Among the top sectors in Newark are the finance, education, healthcare, and logistics & transportation industries.

  • Finance – Prudential Financial, Bank of America, Ernst & Young LLP, and Fidelity Investments are some of the largest creators employment in the region.
  • Education – Prestigious educational institutions such as Rutgers, the New Jersey Institute of Technology, and Seton Hall University School of Law attract not only students but also venture capital and research and development business to Newark.
  • Healthcare – CVS Health, Holy Name Medical Center, Kennedy Health, and Virtua are some of the organizations that generate demand in the metro.
  • Logistics & Transportation – Transportation, shipping, and logistics companies such as Amazon, FedEx, United Airlines, and United Parcel Service drive the local commercial real estate market.

Newark Demographics

Population

  • Total Population282,803
  • Male Population(49.4 %) 139,738
  • Female Population(50.6 %) 143,065
  • Median Age33.60

Income/Financial

  • Average Household Income$48,984
  • Median Household Income$34,826
  • Median Income Under 25$18,816
  • Median Income 25-44$36,225
  • Median Income 45-64$41,335
  • Median Income Over 65$22,627