On average, listings lease in the $40's per square foot per year. The Jersey City submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 4% decrease in rent.
In the last 90 days, 515 listings have come on the market, so you'll want to check back regularly for new listings. About 6% of the available leases in the Jersey City are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 4,270 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 12 stories. Most buildings in this area were built in 1988 and are Class A.
Real time and historical data on commercial real estate listings in Jersey City.
Get email notifications when new listings are posted that match your requirements.