Newark Office Space for Rent
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Renting Office Space in Newark
Newark is at the threshold of a landmark transformation centered on its transit hub. In late 2025, a massive $500 million mixed-use redevelopment was proposed for 1 and 3 Penn Plaza East, which will replace aging office towers with a 250,000-square-foot Class A headquarters for Horizon Blue Cross Blue Shield and up to 1,000 new residential units (Source: RE-NJ / NJ Transit Press Release). 2026 represents the year of "The Penn Plaza Ascent." Groundbreakings for this riverfront project and the utilization of the state’s ASPIRE tax credits will catalyze a second wave of urban revitalization downtown. By late 2026, the area around Penn Station will shift from a commuter-only zone to a high-density, 24-hour riverfront community (Source: JLL / CBRE 2026 Development Offering).
About TenantBase
TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.
Suite Rates in Newark
Suite Sizes in Newark
Neighborhood Comparison
| Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
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*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.