Summit R&D/Commercialization Campus

Off Market

556 Morris Avenue, Summit, NJ 07901

  • Office
  • 1,545,433 Sqft

Summit R&D/Commercialization Campus, Summit, NJ 07901 - Office Space

Summit R&D/Commercialization Campus is located at 556 Morris Avenue in NJ, Summit, 07901. The Class B Office building was completed in 1957 and features a total of 1,545,433 Sqft.

There are 12 office spaces for lease in the Summit city, totaling 65,497 Sqft of available office space. The office space availability for the 07901 zip code is 65,497 Sqft, in 12 office spaces. The average asking office rent per sq. ft. in Summit is $39.33/sqft/year. For Class B office buildings the average office rate is $45/sqft/year.

In Summit, there are 7 class B office buildings. In Summit, there are a total of 1 LEED certified office buildings. At zip code level, there are 8 commercial properties, of which 7 are office buildings over 50,000 square feet.

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Details

  • City Summit
  • Zip Code 07901
  • Market New Jersey
  • Property Type Office
  • Property Size 1,545,433 Sqft
  • Lot Size 88.85 Acre
  • Parking Spaces Avail. 5269
  • Parking Ratio 3.41/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1957
  • 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 Summit R&D/Commercialization Campus?

Summit R&D/Commercialization Campus totals 1,545,433 square feet.

When was this property built?

Summit R&D/Commercialization Campus was built in 1957.

Summit Demographics

The average household income in zip code 07901 is $251,676, from a total of 8,376 households. In terms of employment, there are 93.09 % white-collar and 6.91 % blue-collar jobs in zip code 07901.

Population

  • Total Population21,913
  • Male Population(47.4 %) 10,392
  • Female Population(52.6 %) 11,521
  • Median Age40.10

Income/Financial

  • Average Household Income$255,156
  • Median Household Income$157,835
  • Median Income 25-44$202,292
  • Median Income 45-64$195,747
  • Median Income Over 65$89,650