New Jersey Commercial Real Estate Lawyer

Commercial Real Estate Transaction Attorney Serving New Jersey

New Jersey is one of the most active commercial real estate markets in the Northeast, with office towers in Jersey City's waterfront district, industrial and logistics facilities along the Turnpike and I-78 corridors, retail centers throughout Bergen, Essex, and Monmouth counties, and mixed-use developments in transit-oriented communities statewide. Purchasing or selling commercial property in New Jersey involves a legal process that differs from residential transactions in complexity, risk, and regulatory requirements.

Commercial real estate transactions in New Jersey involve extensive due diligence covering title, environmental conditions, zoning compliance, existing lease obligations, financial analysis, and regulatory approvals. The attorney review period applies to commercial contracts as well, giving buyers a critical window to evaluate the deal before the contract becomes binding. From letter of intent through closing, experienced legal counsel protects your investment and ensures the transaction is structured to achieve your business objectives.

At Agarunov Law Firm, P.C., we handle commercial real estate transactions throughout New Jersey. Our Englewood office at 285 Grand Avenue serves Bergen County and North Jersey directly, and our Manhattan office at 30 Broad Street provides access for clients on both sides of the Hudson. Schedule a free consultation to discuss your commercial property transaction.

Our New Jersey Commercial Real Estate Legal Services

Commercial Property Purchase Representation

We represent buyers in the acquisition of office buildings, retail properties, industrial facilities, multi-family apartment buildings, and mixed-use developments across New Jersey. Our representation covers attorney review and contract negotiation, title examination, environmental due diligence review, zoning and land use verification, existing lease and tenant analysis, survey review, and closing representation. We coordinate with your lender, accountant, and other advisors to ensure the transaction is structured to serve your investment objectives.

Commercial Property Sale Representation

For sellers, we prepare the contract of sale, respond to the buyer's attorney review modifications, coordinate title clearance, manage tenant notification requirements, calculate realty transfer fee obligations, and attend closing. Commercial sales often involve complex allocation issues between real property, personal property, and intangible assets. We work with your accountant to structure the transaction in a tax-efficient manner.

Due Diligence for NJ Commercial Acquisitions

Commercial property due diligence in New Jersey goes well beyond a standard title search. We review environmental site assessments (Phase I and, if warranted, Phase II reports), zoning and land use compliance, survey and boundary issues, existing tenant leases and estoppel certificates, building systems and capital expenditure reports, municipal compliance status, and any pending or threatened litigation. New Jersey's environmental regulations are among the strictest in the nation, and the state's Industrial Site Recovery Act (ISRA) may require environmental investigation and remediation before certain commercial properties can be transferred.

Multi-Family Investment Property Transactions

New Jersey's multi-family market includes garden-style apartment complexes, mid-rise buildings in urban centers, and portfolios of smaller residential buildings. Acquiring multi-family properties requires analysis of rent rolls, operating expense histories, existing tenant leases, compliance with the New Jersey Anti-Eviction Act, and evaluation of any rent control ordinances that apply in the property's municipality. Several New Jersey cities and towns maintain local rent control regulations that limit rent increases and restrict tenant displacement.

1031 Exchange Coordination for NJ Properties

We assist commercial property owners with the legal aspects of 1031 like-kind exchanges involving New Jersey properties. This includes ensuring the purchase and sale contracts contain appropriate exchange cooperation language, coordinating with the qualified intermediary, reviewing identification and closing timelines, and confirming compliance with both federal tax requirements and New Jersey-specific considerations. Our dual-state licensing is particularly valuable when an exchange involves properties in both New Jersey and New York.

Mixed-Use and Development Transactions

Mixed-use properties combining retail, office, and residential components are increasingly common in New Jersey's transit-oriented development corridors. These transactions involve layered due diligence across multiple property uses, review of zoning approvals and variances, analysis of common-element allocation structures, and evaluation of any municipal incentives such as PILOT (Payment in Lieu of Taxes) agreements. We advise buyers and sellers on the legal complexities specific to mixed-use assets.

What You Should Know About NJ Commercial Real Estate Transactions

New Jersey commercial real estate transactions involve regulatory considerations that differ from residential purchases and from New York practice. The Industrial Site Recovery Act (ISRA) requires environmental investigation and potentially remediation before certain commercial and industrial properties can change hands. The realty transfer fee applies to commercial sales, with an additional 1% fee on consideration exceeding $1 million. Municipal land use approvals, including site plan and variance approvals, must be reviewed for compliance and transferability. For investors, understanding the interplay between state environmental law, local zoning regulations, and the transaction's tax structure is essential to evaluating the true cost and risk of a commercial acquisition in New Jersey.

Why New Jersey Commercial Investors Choose Agarunov Law Firm

• Dual-state licensing: admitted in both New Jersey and New York, essential for cross-border commercial transactions
• Englewood office: our Bergen County location at 285 Grand Avenue provides direct access for North Jersey clients
• Direct attorney access: your commercial transaction is personally managed by a licensed attorney
• Comprehensive due diligence: we coordinate environmental, title, zoning, and financial review for every acquisition
• Responsive communication: same-day responses to all calls and emails throughout the transaction