Morristown Plaza

Off Market

161 Madison Avenue, Morristown, NJ 07960

  • Office
  • General Office
  • 122,000 Sqft

Morristown Plaza, Morristown, NJ 07960 - Office Space

Morristown Plaza is located at 161 Madison Avenue in the Morristown neighborhood, NJ, Morristown, 07960. The Class B Office building was completed in 1975 and features a total of 122,000 Sqft.

There are 27 office spaces for lease in the Morristown neighborhood, totaling 660,651 Sqft of available office space. The office space availability for the 07960 zip code is 1,669,048 Sqft, in 68 office spaces. The average asking office rent per sq. ft. in Morristown is $31.18/sqft/year. For Class A office buildings the average office rate is $26.4/sqft/year, for Class B office buildings the average office rate is $32.44/sqft/year, for Class C office buildings the average office rate is $50/sqft/year.

In Morristown, there are 14 class B office buildings. In 1975, the same year Morristown Plaza was built, 6 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Morristown, featuring 202,194 square feet of commercial space.

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Details

  • City Morristown
  • Neighborhood Morristown
  • Zip Code 07960
  • Market New Jersey
  • Property Type Office - General Office
  • Property Size 122,000 Sqft
  • Lot Size 6.6 Acre
  • Parking Spaces Avail. 610
  • Parking Ratio 5.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1975

Morristown Demographics

The average household income in zip code 07960 is $165,897, from a total of 17,641 households. In terms of employment, there are 92.01 % white-collar and 7.99 % blue-collar jobs in zip code 07960.

Population

  • Total Population18,833
  • Male Population(50.8 %) 9,567
  • Female Population(49.2 %) 9,266
  • Median Age35.10

Income/Financial

  • Average Household Income$120,312
  • Median Household Income$92,296
  • Median Income Under 25$66,754
  • Median Income 25-44$95,833
  • Median Income 45-64$112,545
  • Median Income Over 65$67,690

BROWSE OTHER PROPERTIES IN MORRISTOWN

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