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320 University Avenue
Off-Market
320 University Avenue, Newark, NJ 07102
This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.
- Property Type Office - Government Office
- Property Size 58,723 SF
- Lot Size 1.57 Acre
- Parking Spaces Avail. 129
- Parking Ratio 2.20/ 1,000 SF
- Property Tenancy Owner Occupied
- Building Class B
- Year Built 2001
False
Location
- City Newark, NJ
- Neighborhood Downtown Newark
- Zip Code 07102
- Market New Jersey
Contacts
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Owner
Tenants
| Suite Name | Tenant | Leased Space |
Rent Price | Lease Type |
Space Type |
Lease Term |
| 370 17th Street #5500 | MERRILL, (303) 446-5500 | 23,824 SF | $23/SF/YR | Modified Gross |
General Office |
11/01/2014- N/A |
| 370 17th Street #6000 |
Morrison & Foerster, (303) 592-1500 |
10,710 SF | $26/SF/YR | Full Service |
General Office |
08/01/2013- 07/31/2023 |
This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge
Brokers
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Documents
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Sales
Market Trends
Average Actual Rents in Newark
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Asking Rents in Newark Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $36.88
- 2020 Office Vacancy Rate 14.66%
- 2020 Office Completions (SF)
Tax
- Property Tax in 2021 $296,156
- Market Value* $7,793,600
- Assessed Value $7,793,600
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of 320 University Avenue?
320 University Avenue totals 58,723 square feet.
When was this property built?
320 University Avenue was built in 2001.
When was 320 University Avenue last sold?
320 University Avenue was last sold on 15 Mar, 2019.
What is the property tax for 320 University Avenue?
The property tax for 320 University Avenue in 2021 was $296,156.
What is the market value for 320 University Avenue?
The market value* for 320 University Avenue in 2021 was $7,793,600.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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