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    OFF-MARKET
    Office Units

    206 Van Vorst St, Jersey City, NJ 07302

    14,000 SF
    Property ID
    US59-1838673
    Property summary
    AI-generated overview

    This stunning, 14,000-square-foot office building, located in the desirable Paulus Hook neighborhood of Jersey City, presents a unique leasing opportunity. Previously the global headquarters of a NASDAQ-listed electrical manufacturing company, the property boasts a meticulously designed layout ideal for medical, traditional, or creative office uses. The building underwent a complete renovation in 2018. The space is configured as a single-tenant occupancy, offering two identical floor plates, each approximately 7,000 square feet. Each floor features multiple ADA-compliant bathrooms, expansive window lines providing abundant natural light, and sleek glass office suites. The building's convenient location offers easy access to public transportation, situated just 0.3 miles from the Grove Street PATH station and 0.8 miles from Exchange Place. This turnkey space is ready for immediate occupancy and represents a rare opportunity to secure a high-quality, well-appointed office building in a prime Jersey City location. The property is classified as Office, Special Purpose, and Retail, offering versatility for a range of business needs. The building's modern design and prime location make it an exceptional choice for discerning tenants seeking a sophisticated and functional workspace.

    Property profile
    Verified
    Property type Office Units
    Total area 14,000 SF
    UPID US59-1838673
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Bel Fuse Inc Factory Production Facility
    • 206 Van Vorst St Parking Parking Lot & Garage
    • Bel Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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