26599
50abe3b5-3547-4348-8dc8-93d7d69287ae
Claremont Tower
Off-Market
11 Centre Place, 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 247,067 SF
- 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
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
Mortgages
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 $551,433
- Market Value* $14,511,400
- Assessed Value $14,511,400
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 Claremont Tower?
Claremont Tower totals 247,067 square feet.
When was this property built?
Claremont Tower was built in 2003.
What is the property tax for Claremont Tower?
The property tax for Claremont Tower in 2021 was $551,433.
What is the market value for Claremont Tower?
The market value* for Claremont Tower in 2021 was $14,511,400.
*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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Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
