New Jersey office conversions reshape the real estate landscape
New Jersey office conversions by county
Pie chart showing the conversions by county in New Jersey, the largest being Morris County, which had 47 properties converted, while Hudson and Monmouth Counties, both having two office buildings converted
- Since 2018, we have tracked 146 office conversion projects in the state of New Jersey.
- So far 16 million square feet (msf) has been removed from New Jersey’s office inventory. There is a further 6 msf proposed for redevelopment.
- Of those 146 conversions, 50, or just over one-third, of them are in Morris County. Bergen County has 27 conversions while Essex County follows closely with 20 projects.
- The total New Jersey office inventory sits at 202 msf. Approximately 12% of the total office inventory has been removed over the last seven (7) years.
November 19, 2025
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