Sell Office
Sell Your Office Building in Northern New Jersey
Who to call, the 3Q 2026 market backdrop, NJ filings and AcreX’s published sale fee.
For owners of single-tenant and multi-tenant office buildings in Bergen, Essex, Hudson, Morris, Passaic and Union counties. This page covers the market backdrop, who to call, how AcreX sells an office building, New Jersey filings, and fees.
Northern NJ office market backdrop, 3Q 2026
Net absorption: 728,060 SF in northern and central NJ, the strongest quarter since 4Q 2024 (Newmark 3Q 2026).
Vacancy: 18.1%, down 50 bps (Newmark 3Q 2026).
Asking rent: $32.39/SF average, a new high; Hudson Waterfront above $46/SF (Newmark 3Q 2026).
Blauberg (3Q26) market sale price for NJ office: $187/SF (Blauberg, 3Q26). Pricing varies widely by class, occupancy and location.
Leasing averages are not sale prices. Ask for a written opinion of value for your building.
Who to call to sell your office building
Call a licensed New Jersey commercial broker who has sold office like yours recently, will show you the comps and the fee in writing, and will name who works the deal. At AcreX, Jonathan Libock (principal broker) leads every listing. Call (201) 694-6463 or book a consultation. Compare us with others using how to choose a commercial broker in NJ and choosing an office broker.
How AcreX sells your office building
1. Broker opinion of value: income approach for leased buildings; price-per-SF and alternate-use checks for vacant ones.
2. Offering memorandum, data room and outreach to investors, 1031 buyers, owner-users and conversion buyers.
3. Bids, negotiation and contract, then diligence through closing.
NJ costs and filings an office seller should plan for
Realty transfer fee: paid by the seller (realty transfer fee).
Graduated Percent Fee: on sales over $1M, 1% to 3.5%, seller-paid since July 10, 2025, for Class 4A commercial property (Division of Taxation notice).
Bulk sale notice: the buyer files Form C-9600 with the signed contract at least 10 business days before closing (NJ bulk sale FAQ).
Many towns require a certificate of occupancy or inspection on a sale.
General information, not legal or tax advice. Confirm with your attorney and accountant.
What AcreX charges to sell
AcreX sale fee: 5% of the price up to $5M, 4% on the part from $5M to $10M and 3% above $10M; $10,000 minimum. Split 50/50 with the buyer’s broker. Examples: $1M = $50,000; $2M = $100,000; $7.5M = $350,000. In New Jersey commissions are negotiable. Full schedule: AcreX fees and commission calculator.
No upfront fees.
Free written opinion of value or rent within 5 business days. It is a broker’s opinion, not an appraisal.
Reply within 2 business hours.
Jonathan Libock, principal broker, leads every listing.
Weekly owner report.
6-month listing agreement; cancel on 30 days’ notice after day 90.
Related
Sell office by county
Essex · Bergen · Hudson · Morris · Passaic · Union
Questions owners ask
Who should I call to sell my office building in NJ?
Call a licensed commercial broker who has recently sold office buildings like yours in your county, will put the fee and term in writing, and can explain pricing for leased versus vacant space. At AcreX, Jonathan Libock handles every listing himself. Call (201) 694-6463.
How much is my office building worth in northern NJ?
Leased buildings are usually priced on net operating income and a market cap rate. Vacant or obsolete buildings often trade on price per square foot to owner-users or to buyers who will convert them. Ask for a written opinion of value; AcreX provides one within 5 business days.
What is the northern NJ office market doing?
Northern and Central NJ absorbed 728,060 SF in 3Q 2026, vacancy fell to 18.1%, and average asking rent rose to $32.39/SF (Newmark 3Q 2026). Demand is concentrated in updated Class A space; older vacant buildings take longer to sell or lease.
What does AcreX charge to sell an office building?
5% of the price up to $5M, 4% on the part from $5M to $10M and 3% above $10M, with a $10,000 minimum, split 50/50 with the buyer’s broker. A $2M sale is $100,000. In New Jersey commissions are negotiable.
Should I sell, lease or convert an empty office building?
Compare a sale as-is, a lease-up then sale, and a conversion or redevelopment sale. Nearby residential approvals on the AcreX pipeline map can change land value. Run both a rent opinion and a sale opinion before you decide.
How do I find a top office commercial real estate broker in NJ?
Interview two or three licensed brokers. Ask for recent office deals in your submarket, who will work your listing, a written fee and term, and two owner references. Compare answers; do not pick on rankings alone.
More owner questions: AcreX FAQ.
About the broker
Jonathan Libock is the founder and principal broker of AcreX Commercial Real Estate in Caldwell, NJ. He has a decade of experience in commercial real estate, including time at DR Properties, a New York City development brokerage. He specializes in industrial and multifamily land development and also works on development sites in Southeast Florida. Licensed real estate broker in New Jersey (#1757237) and Florida (#BK3462244). AcreX Realty LLC, Licensed Real Estate Broker. Licensure does not imply endorsement.
AcreX Realty LLC is a licensed NJ commercial real estate broker with published fees, at 307 Bloomfield Ave, Caldwell, NJ 07006. General information, not legal or tax advice.