Bel Fuse Is Moving Headquarters To West Orange From Jersey City

WEST ORANGE, NJ — A global designer and manufacturer of electronic parts is moving its headquarters from Jersey City to West Orange, the company says.

Earlier this week, Bel Fuse Inc. announced it has closed on the sale of its building in Jersey City, New Jersey for $5.9 million.

Bel’s corporate headquarters have been based in Jersey City for over 60 years, with the building at 206 Van Vorst Street utilized as its corporate headquarters for the past 20 years, the company said.

Bel’s corporate office will transition to 300 Executive Drive in West Orange. It’s a move that president and CEO Dan Bernstein said will improve the work-life balance for most of the 25 associates physically based out of the office by reducing their commute.

“While we will certainly miss the city that we have called home for many decades, times are changing,” Bernstein said.

“The timing makes sense due to the current market value of the property and our expectation of lower annual operating costs,” Bernstein added. “This move supports our team and is in the best interest of our shareholders.”

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