2 Federal Square - Space Availability

For LeaseContact for pricing

2 Federal Square, Newark, NJ 07102

  • Office
  • General Office
  • 5,000 Sqft

2 Federal Square, Newark, NJ 07102 - Office Space for rent

2 Federal Square is located at 2 Federal Square in the Downtown Newark neighborhood, NJ, Newark, 07102. The Class B Office building was completed in 1936 and features a total of 521,000 Sqft. There is 1 Office space available for lease at 2 Federal Square, Newark, NJ, 07102, totaling 5,000 Sqft. The largest space available has 5,000 Sqft.

There are 138 office spaces for lease in the Downtown Newark neighborhood, totaling 3,002,842 Sqft of available office space. The office space availability for the 07102 zip code is 3,002,842 Sqft, in 138 office spaces. The average asking office rent per sq. ft. in Downtown Newark is $9.35/sqft/year. For Class A office buildings the average office rate is $10.53/sqft/year, for Class B office buildings the average office rate is $8.31/sqft/year.

In Downtown Newark, there are 21 class B office buildings. In Downtown Newark, there are a total of 3 LEED certified office buildings. In 1936, the same year 2 Federal Square was built, 1 more commercial property (office, industrial, retail) over 50,000 square feet was built in Newark, featuring 521,000 square feet of commercial space.

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Details

  • Price Contact for pricing
  • City Newark
  • Neighborhood Downtown Newark
  • Zip Code 07102
  • Market New Jersey
  • Property Type Office - General Office
  • Property Size 521,000 Sqft
  • Lot Size 3.68 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1936

Availability

Suite Name Space Type Lease Rate Space Available
Suite # Not Known Office Contact for pricing 5,000 Sqft
  • Suite Suite # Not Known
  • Space Type Office - General Office
  • Available From Wednesday, October 3, 2018
  • Total Space Available 5,000 Sqft
  • Floor From 1 To 4
  • Divisible Space No
  • Min Divisible 5,000 Sqft
  • Max Contiguous 5,000 Sqft
  • Lease Rate Contact for pricing
  • Possession Type Immediate
  • Call For Terms Yes
  • Renewal Option Yes
  • Sub Lease No

Exclusive Brokers

Adam Karaczynski

Jones Lang LaSalle

(212) 220-4116

Downtown Newark Demographics

The average household income in zip code 07102 is $39,962, from a total of 4,762 households. In terms of employment, there are 77.90 % white-collar and 22.10 % blue-collar jobs in zip code 07102.

Population

  • Total Population12,986
  • Male Population(53.2 %) 6,908
  • Female Population(46.8 %) 6,078
  • Median Age32.00

Income/Financial

  • Average Household Income$39,962
  • Median Household Income$24,353
  • Median Income Under 25$20,625
  • Median Income 25-44$44,356
  • Median Income 45-64$29,013
  • Median Income Over 65$12,756

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Adam Karaczynski

Jones Lang LaSalle

(212) 220-4116