1000 Jefferson @ EWR Elizabeth, NJ

As exclusive agent, Cushman & Wakefield’s National Industrial Advisory Group is pleased to offer 1000 Jefferson @ EWR for sale. Totaling 201,560 SF on +/-7.7 acres, less than a mile from Newark Airport and two miles from Port Newark/Elizabeth, the Property is ideally situated within one of the most sought-after submarket in Northern New Jersey. 1000 Jefferson @ EWR provides an immediate value-add opportunity via lease-up.

1000 Jefferson @ EWR is situated directly off Route 9, minutes from I-95/NJ Turnpike (Exit 13A and 14), I-78, EWR and the Port. The population with three miles is over 55% workforce labor and nearly 16 million consumers reside within a one-hour drive. Port Submarket fundamentals continue to demonstrate resiliency, with taking rental rates exceeding $25 PSF, and leasing activity of 4+ MSF in 2025. Currently leased to one tenant at average rent of $10.14/SF vs market of $15.46/ SF, there is an immediate opportunity to backfill 111,515 SF of available space. $2.5 million (3.4x) projected NOI growth over four years.

Investment Highlights