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150 W State St 43,157 SF 81% Leased Office Building Trenton, NJ 08608 $8,371,200 CAD ($193.97 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Location directly across from NJ Capitol Complex
  • 18+ year average tenant tenure
  • 94 on-site parking spaces, a rare amenity in Downtown Trenton

EXECUTIVE SUMMARY

As exclusive agent, Cushman & Wakefield is pleased to offer a 100% Fee interest in 150 West State Street, Trenton, New Jersey 08608 for sale. The three-story, 43,157 SF office building is 80% leased to 9 tenants at an average rent of $25.87/SF.
This offering represents the opportunity for an investor to acquire a boutique office asset in the heart of New Jersey’s capital district. Positioned directly across from the New Jersey State House and Capitol Complex, the property serves a highly specialized tenant base comprised of government-related entities, mission-driven nonprofits, and professional associations. The immediate area is home to numerous state offices, advocacy groups, and law firms, creating a stable and enduring ecosystem of demand tied to state government activity.
Further distinguishing the asset are 94 on-site parking spaces, a rare amenity in downtown Trenton, and efficient floor plates that accommodate small to mid-size tenants. With its premier Capitol location, strong occupancy, and clear upside through lease-up, 150 West State Street represents a compelling investment opportunity in a niche segment of the New Jersey office market.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
43,157 SF
Building Class
B
Year Built/Renovated
1950/2006
Price
$8,371,200 CAD
Price Per SF
$193.97 CAD
Percent Leased
81%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
14,386 SF
Building FAR
0.98
Lot Size
1.01 AC
Zoning
C-MS - Main Street Corridor Commercial District
Parking
94 Spaces (2.18 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

ACCSES NJ, is a not-for-profit organization dedicated to providing leadership and support to members who advocate for and serve persons with disabilities through community based programs located throughout New Jersey. Every purchase made through ACCSES NJ has a purpose. We make sure you get the products and services you need, when you need them, at a competitive price, while also providing employment opportunities and making the American dream more accessible to people with disabilities. ACCSES NJ advocates for more employment opportunities and choices for people with disabilities. We believe in a more inclusive workforce—where barriers to employment are a thing of the past. Our passion is creating jobs for people with disabilities. We connect our customers to an established network of nonprofit agencies who hire talented people with disabilities. We advocate for more employment opportunities and choices in employment for people with disabilities on a national scale. We support our

  • Services
  • -
  • -
  • -
  • Jan 0000

Founded in the late 1940s and incorporated in 1976, the New Jersey Association for Justice (NJAJ) is headquartered in Trenton, New Jersey. NJAJ is a statewide association of over 2,400 members in private practice and public service, paralegals, law clerks, law students and law school graduates not yet admitted to the bar. NJAJ is dedicated to protecting New Jersey’s families by working to preserve and strengthen the laws for safer products and workplaces, a cleaner environment and quality health care. The NJAJ Educational Foundation, Inc., which was incorporated in 1990, provides ongoing legal education to attorneys and sponsors other programs designed to educate consumers about their rights under the law. The Association's Political Action Committee, NJAJ PAC, was incorporated in 1987. The NJAJ PAC supports candidates in legislative and gubernatorial races.

  • Public Administration
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

NJAC is committed to advocating for legislation, regulations, and policy directives that empower county governments to operate more effectively and efficiently. As a non-partisan organization that represents the only true regional form of government in the State with a unified and proactive voice, NJAC is committed to advancing innovative programs and initiatives that enhance the level of service provided and save valuable taxpayer dollars. Our extensive grassroots advocacy begins with an active Board of Directors and includes: developing comprehensive position statements; testifying at committee meetings, public hearings, and other venues; leading workshops and brainstorming sessions; managing the press and public relations; and, promoting cutting edge county endeavors. Our comprehensive research and analysis covers a wide range of substantive topics that includes: pension and health benefits reform; the costs associated with the county prosecutors’ offices; property tax cap levy re

  • Public Administration
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Mission Statement The New Jersey Redevelopment Authority (NJRA) functions as a comprehensive resource center that focuses on improving the quality of life by creating value in New Jersey's urban communities. The NJRA invests financial and technical resources into redevelopment projects and plans that will create a positive impact in our eligible communities. Our primary goal is to ensure that projects are urban-focused, neighborhood-based and investment driven. Vision Statement The Vision of the NJRA is to be the premier catalyst for investments that sustainably grow and develop urban communities.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Jan 0000

Founded in 1925, Zazzali, Fagella, Nowak, Kleinbaum and Friedman is a well known and highly respected law firm engaged in a wide variety of litigation. Our practice areas include labor and employment, commercial transactions, and general litigation. Members of the firm have also been court-appointed receivers in stock fraud matters as well as counsel to trustees and creditors' committees in bankruptcy proceedings.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Services - $9.99 Lorem Ipsum Jan 0000
Services - - - Jan 0000
Public Administration - $9.99 Lorem Ipsum Jan 0000
Public Administration - - Lorem Ipsum Jan 0000
Professional, Scientific, and Technical Services - - - Jan 0000
Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-03504-0000-00034
Land Assessment
$463,641 CAD
Improvements Assessment
$3,102,502 CAD
Total Assessment
$3,566,143 CAD
  • Listing ID: 37649084

  • Date on Market: 2025-09-12

  • Last Updated:

  • Address: 150 W State St, Trenton, NJ 08608

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