Historic Downtown Office Space

Historic Downtown

Market Report

Number of Listings
Posted in the last 90 days
2
Median Rate ($/sqft/yr)
$55
Median Size (sqft)
1,000

Compared to the rest of the Jersey City market, the Historic Downtown submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Historic Downtown Listing Supply

In the last 90 days, 36 listings have come on the market, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the listings in the Historic Downtown are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,000 sqft. Most properties in this market are around 4 floors. Most buildings in this market were built in 1980 and are Class C.

Historic Downtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Historic Downtown occupants. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Historic Downtown.
Research