Office for Sale in Jersey City, NJ
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Jersey City, NJ 07310
Description
111 TSP is an exceptional location to fulfill all of your office space needs. Home to a host of global and Fortune 500 tenants – 111 TSP offers the highest level of corporate prestige in a stunning waterfront location. Tenants have the opportunity to leverage a tech lounge, tech workspace, multiple conference rooms, event space, as well as our world-class colocation and data center facilities. Access to the building is highly secure, offering tenants a wide array of options including enhanced biometric security as required. There are dramatic Manhattan, and Hudson River views Prime location: Newport PATH station one stop from Manhattan. Light Rail access, walkway connection to Hoboken, 20 minutes from Newark Liberty International. Parking is available on the street and in our 24/7 secure garage across the street. There is Disaster Recovery/Business Continuity space available. There are also 16 telecommunications carriers. The location provides tenants access to major retail chains and personal services including major shopping mall with favorite national retailers, Starbucks, banks, numerous restaurants, daycare options, fitness center, marina, and hotels with conference facilities all within walking distance. With the property come New Jersey business development and sales tax incentives. Grow NJ can render a project close to rent free for ten years. New Jersey state tax incentives worth up to $100,000 per employee/year (greater for large scale projects). New Jersey is providing an exemption from sales tax on most purchases, including construction, furniture, equipment, supplies, and particular services
Market Context
This office in Jersey City, NJ is listed for sale. It has been on the market for 164 days. Compare it against other office listings for sale in Jersey City, NJ — <a href="/search/sale/office/new-jersey/jersey-city">view the full market</a>.
As of Q1 2025, the New Jersey office market showed a 20.5% vacancy rate, average asking rents near $33.00/SF/yr, and rents up 4.1% year over year. Source: Consensus Q1 2025 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Office market FAQ
- Is the New Jersey office market tightening or softening?
- Vacancy is around 20.5%, with asking rents rising year over year (Q1 2025).
Unified Estimate
Medium Confidence$28.48/SF – $38.54/SF
Mid: $33.51/SF
Rate estimator only; cost-of-business estimate unavailable.
Contact
- Greg Barkan · 201 712 5812 · greg.barkan@cbre.com
- Erin Wenzler · +1 201 712 5893 · erin.wenzler@cbre.com
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