Claremont Tower

Off Market

11 Centre Place, Newark, NJ 07102

  • Office
  • Government Office
  • 247,067 Sqft

Claremont Tower, Newark, NJ 07102 - Office Space

Claremont Tower is located at 11 Centre Place in the Downtown Newark neighborhood, NJ, Newark, 07102. The Class A Office building was completed in 2003 and features a total of 247,067 Sqft.

There are 134 office spaces for lease in the Downtown Newark neighborhood, totaling 2,217,176 Sqft of available office space. The office space availability for the 07102 zip code is 2,217,176 Sqft, in 134 office spaces. The average asking office rent per sq. ft. in Downtown Newark is $30.27/sqft/year. For Class A office buildings the average office rate is $32.06/sqft/year, for Class B office buildings the average office rate is $22.25/sqft/year.

In Downtown Newark, there are 18 class A office buildings. In Downtown Newark, there are a total of 3 LEED certified office buildings. In 2003, the same year Claremont Tower was built, 7 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Newark, featuring 535,750 square feet of commercial space. At zip code level, there are 38 commercial properties, of which 37 are office buildings over 50,000 square feet.

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Details

  • City Newark
  • Neighborhood Downtown Newark
  • Zip Code 07102
  • Market New Jersey
  • Property Type Office - Government Office
  • Property Size 247,067 Sqft
  • Lot Size 1.46 Acre
  • Parking Spaces Avail. 400
  • Parking Ratio 1.62/ 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class A
  • Year Built 2003
  • Date Updated 07 Apr, 2020

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of Claremont Tower?

Claremont Tower totals 247,067 square feet.

When was this property built?

Claremont Tower was built in 2003.

Downtown Newark Demographics

The average household income in zip code 07102 is $47,412, from a total of 5,501 households. In terms of employment, there are 71.75 % white-collar and 28.25 % blue-collar jobs in zip code 07102.

Population

  • Total Population13,505
  • Male Population(51.1 %) 6,898
  • Female Population(48.9 %) 6,607
  • Median Age33.60

Income/Financial

  • Average Household Income$47,412
  • Median Household Income$25,677
  • Median Income 25-44$43,942
  • Median Income 45-64$30,867
  • Median Income Over 65$14,337