Port Newark / Elizabeth Submarket — Northern New Jersey
Port Newark / Elizabeth submarket of Northern New Jersey: 14 tracked properties, 7,447,800 SF of inventory and 2,595,400 SF available.
14 commercial properties are tracked in the Port Newark / Elizabeth submarket, representing 7,447,800 SF of rentable building area, of which 2,595,400 SF is currently marketed as available.
Asking rents average $13.12 per square foot per year, the median marketed suite is 55,700 SF, and listings have been on market a median of 696 days.
The stock splits 3 Class A, 7 Class B, 4 Class C, with construction dates from 1911 to 2007 (median 1967).
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Frequently asked questions
What is the average asking rent for commercial space in Port Newark / Elizabeth, NJ?
Across the 14 commercial listings published in Port Newark / Elizabeth, NJ, asking rents average $13.12 per square foot per year, quoted on a NNN basis.
How much commercial space is available in Port Newark / Elizabeth, NJ?
2,595,400 SF is currently marketed across 11 buildings, out of 7,447,800 SF of total inventory.
What is the commercial vacancy rate in the Northern New Jersey market?
The Northern New Jersey commercial market is running 31.6% vacancy with year-over-year asking rent growth of 5.0%.
Which submarkets have the most commercial space in Port Newark / Elizabeth, NJ?
Port Newark / Elizabeth (14 properties).
Which brokerages are most active in Port Newark / Elizabeth, NJ?
Atlas Property Group (2 listings), Granite Peak Realty (2 listings), Frontier Commercial (1 listing), Landmark Commercial (1 listing), Capitol Commercial (1 listing). See the full Port Newark / Elizabeth, NJ broker directory.
How do I list a commercial property in Port Newark / Elizabeth, NJ?
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