350MW+ Opportunity
Located in the Heart of a Tier 1 New Jersey Data Center Market
CBRE Data Center Solutions is pleased to present a land opportunity for a flagship artificial intelligence data center in Secaucus, New Jersey. The project plans for a 775,000 sq foot building on the 53 developable acres, with power confirmation of 350MW+ from PSEG utility.
Prime Location
Spanning 53 usable acres, this site is located 3 miles from New York City in the heart of Secaucus, New Jersey. This property is a strategically located in the Tier 1 New Jersey data center market. This cluster of data centers in Secaucus hosts data from the largest financial institutions, healthcare, media, telecommunications, and cloud providers in the world.
Power Scalability
The property is located on major 230kV transmission line running alongside the property. PSEG has confirmed access to 350MW+ of power representing the largest block of power available to a data center in New Jersey. Power will be available upon substation buildout.
Rapid Growth in AI Data Centers in New Jersey
New Jersey is rapidly emerging as a key market for artificial intelligence data centers, bolstered by recent announcements of significant AI data center deployments including Coreweave, Amazon Web Services, Nebius, and the Princeton AI hub. In 2024, the state introduced tax incentives for data centers, offering
up to $250 million in investment credits, enhancing the financial attractiveness of this opportunity.
| Acreage | Zoning | Flood Plain | Building Specs | Proximity |
| 138 acres with 53 usable | To be obtained | 138 acres with 53 usable located out of floo plain | Plan for 700,000 SF building | 9.6 miles to EWR, 19.4 miles to JFK, 12.7 miles to LGA |
Tax Detail
Next Jersey Program: AI
Signed into law in July 2024, this program offers up to $250 million in transferable
tax credits for large-scale AI data centers and AI businesses.
Eligibility
- Minimum $100 million capital investment.
- Mandatory collaboration with a New Jersey university or research center, valued at 10% of the award
- At least 100 new full-time jobs in New Jersey, paid at least 120% of the county median wage
- 10-year commitment to the state
- At least 50% of business activity must be AI-related