Jersey City Industrial

Jersey City

Office Space Market Report

Number of Listings (last 90 days)
41
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
18,780
As of: February 20, 2017

Jersey City Rates

The typical asking rate per listing is in the $40's per square foot per year. The Jersey City region is experiencing a an increase in rates. In the last 3 months, the median rate rose $3 per sqft per year. That's a 6% rise in rent.

Jersey City Listing Supply

In the last 90 days, 42 listings have been made available, so you'll want to check back regularly for new listings. About 12% of the available space in the Jersey City are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 18,780 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are around 12 stories. Most buildings in this area were built in 1988 and are Class A.

Jersey City Community

Market Report

Trends and status of the commercial real estate market in Jersey City.
Market Report

Market Data

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