Downtown Newark, Newark, NJ Commercial Inventory Breakdown
Office Spaces
Total: 13,149,376 SF
Data provided by Yardi Matrix, properties over 50k SF, includes office with retail
By square footage range:
- 50k to 100k SF: 222,923 SF / 1.7% of total office
- 100k to 500k SF: 5,858,346 SF / 44.55% of total office
- 500k to 1M SF: 7,068,107 SF / 53.75% of total office
By class:
- Class A: 8,000,055 SF / 60.84% of total office
- Class B: 5,149,321 SF / 39.16% of total office
Top 10 Largest Office Buildings
in Downtown Newark
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Prudential Building | 751 Broad Street, 07102 | 847,506 | 1960 |
| Two Gateway Center | 2 Gateway Center, 07102 | 794,000 | 1971 |
| Prudential Tower | 635 Broad Street, 07102 | 733,000 | 2015 |
| The Wash Building | 213 Washington Street, 07102 | 600,859 | 1942 |
| National Newark Building - 744 Broad Street | 744 Broad Street, 07102 | 591,931 | 1931 |
| Three Gateway Center | 100 Mulberry Street, 07102 | 579,000 | 1985 |
| 153 Halsey Street | 153 Halsey Street, 07102 | 535,000 | 1927 |
| One Gateway Center | 1 Raymond Plaza West, 07102 | 522,087 | 1971 |
| 2 Federal Square | 2 Federal Square, 07102 | 521,000 | 1936 |
| 707 Broad Street | 707 Broad Street, 07102 | 519,600 | 1926 |
Largest Office Properties Recently Completed
in Downtown Newark
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Ironside Newark | 110 Edison Place, 07102 | 450,000 | 2019 |
| Prudential Tower | 635 Broad Street, 07102 | 733,000 | 2015 |
| Two Riverfront Plaza | 2 Riverfront Plaza, 07102 | 337,543 | 2013 |
| Claremont Tower | 11 Centre Place, 07102 | 247,067 | 2003 |
| 320 University Avenue | 320 University Avenue, 07102 | 58,723 | 2001 |
| One Newark Center | 1085 Raymond Blvd, 07102 | 416,429 | 1992 |
| The Legal Center - One Riverfront Plaza | 1037 Raymond Blvd, 07102 | 418,889 | 1989 |
| Four Gateway Center | 247 Market Street, 07102 | 330,900 | 1988 |
| Robert Treat Center | 50 Park Place, 07102 | 100,000 | 1986 |
| Three Gateway Center | 100 Mulberry Street, 07102 | 579,000 | 1985 |
Downtown Newark Demographics
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