On average, listings lease in the $70's per square foot per year. The Hoboken submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $6 per sqft per year. That's a 8% increase in rent.
In the last 90 days, 9 listings have been made available, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 7,300 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are around 13 stories. Most buildings in this market were built in 1987 and are Class A.