Jersey City Commercial Real Estate

Jersey City

Market Report

Number of Listings
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
4,270

Jersey City Rates

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.

Jersey City Listing Supply

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.

Jersey City Community

Market Data

Real time and historical data on commercial real estate listings in Jersey City.
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