New Jersey is a key business hub for many industries. Life sciences, pharmaceuticals, IT, financial services, and manufacturing are just a few sectors that call this state home.
Many businesses in these sectors have opted for virtual offices in New Jersey as they shift to hybrid or remote ways of working.
The Pew Research Center found that more than 6 in 10 New Jersey employees who work remotely do so by choice. This means virtual offices hold benefits for both businesses and employees based in this state.
Why choose New Jersey for your business address?
Grants and support for startups, a strategic US position, and a thriving economy are just a few reasons why virtual business addresses in New Jersey are sought after.
Here are eight benefits companies with virtual office spaces in this state are enjoying.
Government support
New Jersey’s government agencies provide support initiatives for businesses of all sizes. One example is the New Jersey Economic Development Authority (EDA).
The EDA offers loans, grants, and tax credits that encourage companies to come to the state and bolster economic growth.
International business reputation
New Jersey attracts investments from around the world. Home to the East Coast’s largest seaport, many products move across the country or around the world from here.
Plus, New Jersey has multiple airports that offer daily flights to more than 340 domestic and 260 international locations.
Strategic location
New Jersey’s location in the northeastern U.S. puts it close to key markets in Philadelphia and New York City. This gives businesses in the state access to a broad consumer base and more networking opportunities.
Getting a virtual office package with an address in New Jersey means you can establish your business in this strategic location. You can also include a virtual mailbox and call handling in your plan for an extra professional edge.
Diverse economy
New Jersey’s booming manufacturing, utilities, and business sectors fuel the state’s diverse economy. Strong transport connections and low tax rates have also led to growth in virtually all other sectors here.
A leading hub for innovation and technology
New Jersey sits at the forefront of innovation, with 14 Fortune 500 companies in the area.
Many new businesses are also set up in the state with support from the $665 million New Jersey Innovation and Technology Hub (HUB). The HUB fosters the development of startups and entrepreneurs here.
Business-friendly incentives and support
New Jersey offers various tax incentives and support for startups and entrepreneurs. For example, the state doesn’t impose sales tax on some essential services. These include cloud-based applications and software as a service (SaaS).
Thriving financial sector
New Jersey offers one of the globe’s most successful offshore international finance centers. The state’s financial sector employs around 25% of the workforce and contributes 40% of Jersey’s economic output.
Access to capital
New Jersey is close to key US financial centers, giving businesses access to capital and investment opportunities. Startups can secure loans of up to $2 million through the Premier Lender Program.
There’s also the Garden State Growth Zone Business Lease Incentive. This enables eligible businesses to get reimbursements for some annual lease payments.
Why choose a virtual office in New Jersey over a physical office?
Choosing a virtual office in New Jersey over a physical workspace can enrich your business in several ways, including:
● Greater affordability: Virtual offices help save your business costs that come with using a physical office space full-time.
● More flexibility: Not being tied to one location lets you cut out commutes and offers the opportunity to work from anywhere you like.
● Attracting a remote or hybrid workforce: Virtual offices offer an appealing notion for new and prospective employees, granting more flexible working arrangements.
● Access to a global workforce: Likewise, not being primarily located in one spot makes it easier to recruit remote talent from anywhere in the world.
● Establishing a professional image: As opposed to having a business address listed as a personal or home address, a virtual office showcases credibility from a high-end location, all without the overheads.
● Enhancing security: Just like professionally distancing your business from your personal address, you can keep your personal details separate from your business contact information.
● Easier international expansion: You can get a footing in other countries and set up your business overseas much more easily with virtual offices, as opposed to establishing a brick-and-mortar location.
● Additional support services: Virtual office packages often include essential services, such as streamlining operations with mail forwarding, call handling, and receptionist services.
Top business areas in New Jersey to establish a business address
New Jersey is a diverse area for businesses, with many industries seeing a healthy presence here. These are six of the top business areas to establish a virtual address in NJ.
● Princeton is a hub for innovation and research-oriented businesses, thanks in no small part to Princeton University. Global companies in the area include security firm Tyco International and manufacturer Miele.
● Newark is a major business hub and has been listed as one of OpenPhone’s 2022 top 25 fastest-growing cities for small businesses. Big-name brands are also prominent here, including electronics company Panasonic, insurance company Prudential Financial, and energy provider PSEG.
● Jersey City offers a growing tech scene and is emerging as a startup innovation hub. Large companies thrive here too. Including transport company Kuehne+Nagel and transport company Evergreen Line.
● Hoboken is popular with startups and tech companies and is home to approximately 6,000 businesses. Large local companies include the publisher John Wiley & Sons and the Stevens Institute of Technology.
● Edison features impressive transport connections that have led to thriving industrial and manufacturing sectors. Residents include biopharmaceutical company Biocon and chemical manufacturing company J.M. Huber.
● Cherry Hill is a retail and commercial center with a thriving business community. The township hosts big names like national TD Bank and manufacturer The Turbon Group.
Virtual offices in New Jersey
With the many advantages of being based in New Jersey in mind and several areas to consider, it’s worth thinking about individual locations. Here are nine of our virtual offices in New Jersey, each offering sought-after addresses suitable for any business.
Carnegie Center, Princeton
Carnegie Center offers an out-of-town location with easy access to Princeton’s hustle and bustle. Close to Princeton University, resident businesses can tap into talent from one of the world’s most renowned universities.
Highlights include:
● Break-out areas
● On-site lunch restaurant
● Showers
● Business lounge
● Gym and fitness room
Information about Carnegie Center
● Location: 103 Carnegie Center Drive, Princeton, NJ, 08540
● Starting costs: Business addresses from $139 per month
● Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members
● Nearby bus stops: Carnegie Way 1039 S of Alexander Road Bus Stop (a four-minute walk away)
Forrestal Village, Princeton
Forrestal Village is ideal for entrepreneurs seeking a suburban virtual office address in NJ. This virtual office is halfway between Philadelphia and New York, offering easy access to both.
Highlights include:
● Break-out areas
● Disabled facilities
● Outside seating area/terrace
● Business lounge
● On-site sandwich bar/coffee bar
Information about Forrestal Village
● Location: Princeton Forrestal Village, Princeton, NJ, 08540
● Starting costs: Business addresses from $89 per month
● Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members
● Nearby bus stops: College Rd W 70’n of Main St Bus Stop (a four-minute walk away), College Rd W at Windrow Dr Bus Stop (a four-minute walk away), Princeton Forrestal Village Bus Stop (a four-minute walk away)
One Gateway Center, Newark
One Gateway Center offers high-profile virtual offices in Newark, NJ. A flourishing commercial center, this address attracts both global brands and innovative startups.
Highlights include:
● Business lounge
● Gym and fitness room
● Secure underground parking
● On-site lunch restaurant
● Sandwich service
Information about One Gateway Center
● Location: One Gateway Center, Newark, NJ, 07102
● Starting costs: Business addresses from $65 per month
● Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members
● Nearby stations: Newark Station (a two-minute walk away), Penn Station Light Rail Departure (a four-minute walk away), NJPAC/Center St Light Rail Station (an eight-minute walk away)
972 Broad Street, Newark
972 Broad Street is one of the most vibrant virtual offices in Newark, NJ. Newark Liberty International Airport is only a 15-minute drive away. Plus, there are several local transport connections.
Highlights include:
● Break-out areas
● Meeting rooms
● Fully stocked on-site kitchens
Information about 972 Broad Street
● Location: 972 Broad St, Newark, NJ, 07102
● Starting costs: Business addresses from $89 per month
● Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members
● Nearby stations: Military Light Rail Station (a 12-minute walk away), Washington Street Light Rail Station (a 16-minute walk away), Newark Station (an 18-minute walk away)
Harborside Financial Center, Jersey City
Located in Jersey City, the award-winning Harborside Financial Center is part of the “city within a city.” Known as America’s “Golden Door,” Jersey City is one of the nation’s most diverse cities.
Highlights include:
● On-site lunch restaurant
● Sandwich service
● Business lounge
● Disabled facilities
● On-site sandwich/coffee bar
Information about Harbourside Financial Center
● Location: 2500 Plaza 5, Jersey City, NJ, 07311
● Starting costs: Business addresses from $129 per month
● Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members
● Nearby stations: Harborside Light Rail Station (a two-minute walk away), Exchange Place Station (a five-minute walk away), Exchange Place Light Rail Station (a six-minute walk away)
101 Hudson Street, Jersey City
101 Hudson Street is an iconic city building in Jersey City. As one of the largest finance and banking centers in the U.S., many refer to the area as “Wall Street West.” Businesses in the finance and banking sectors may strategically position themselves here.
Highlights include:
● 24-hour surveillance monitoring
● Business lounge
● On-site lunch restaurant
● Sandwich service
● Secure underground parking
Information about 101 Hudson Street
● Location: 101 Hudson Street, Jersey City, NJ, 07302
● Starting costs: Business addresses from $89 per month
● Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members
● Nearby stations: Exchange Place Light Rail Station (a one-minute walk away), Exchange Place Station (a three-minute walk away), Essex Street Light Rail Station (a five-minute walk away)
221 River Street, Hoboken
221 River Street is within easy reach of Hoboken’s vibrant culture. This locale appeals to businesses looking for a diverse environment. Here, they can enjoy the city’s street fairs, sidewalk cafés, and period buildings.
This virtual office in New Jersey is also only 15 minutes from Midtown Manhattan.
Highlights include:
● 24-hour surveillance monitoring
● Break-out areas
● Bicycle storage
● Business lounge
● Disabled facilities
● Parking
Information about River Street
● Location: 221 River Street, Hoboken, NJ, 07030
● Starting costs: Business addresses from $65 per month
● Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members
● Nearby stations: Hoboken Station (a five-minute walk away), Hoboken Light Rail Station (a 12-minute walk away), 2nd Street Light Rail Station (a 19-minute walk away)
Raritan Plaza I, Edison
Raritan Plaza I offers virtual office services in Edison, a suburb just outside New York City. While access to the city is easy, Edison’s commercial hub is also appealing to businesses of all sizes.
Highlights include:
● Break-out areas
● Meeting rooms
●On-site cafeteria
Information about Raritan Plaza I
● Location: 110 Fieldcrest Avenue, Edison, NJ, 08837
● Starting costs: Business addresses from $99 per month
● Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members
● Nearby bus stops: Fieldcrest Ave 200’s of Raritan Center Parkway Bus Stop (a five-minute walk away), Raritan Center Parkway at Mcgaw Dr Bus Stop (a five-minute walk away), Fieldcrest Ave 1000 S of Raritan Center Parkway Bus Stop (an eight-minute walk away)
Towne Place at Garden State Park, Cherry Hill
Towne Place at Garden State Park is a prime virtual office location for tech companies. The office space is on the edge of one of Southern New Jersey’s most affluent regions. As a result, a business address here certainly contributes to a company’s image.
Highlights include:
● Break-out areas
● Meeting rooms
● Business lounge
● Outside seating area/terrace
Information about Towne Place at Garden State Park
● Location: 923 Haddonfield Rd, Cherry Hill, NJ, 08002
● Starting costs: Business addresses from $129 per month
● Opening hours: 24/7 for Private Office and Dedicated Desk members, reception hours for other members
● Nearby stations: Cherry Hill Station (a 25-minute walk away)
Establish a business presence with a Regus virtual office space in New Jersey
Whatever your sector or size, there’s a virtual office in New Jersey that meets your business needs.
With our business addresses, you also get the extra benefit of mail forwarding services.
Our virtual office plan also welcomes you to our global business lounge network. Benefit from our call answering service, where a friendly representative will take all of your business calls.
If you need physical office space, our Virtual Office Plus plan could be the solution. This package teams your virtual office with access to meeting rooms and five days of office or desk space every month.
With Regus, you can find a virtual office plan that allows you to work your way.
