McGinley Square Industrial

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McGinley Square

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

McGinley Square Rates

The typical asking rate per listing is in the $30's per square foot per year. The McGinley Square region is seeing a a rise in rates. In the last 3 months, the median rate rose $40 per sqft per year. That's a Inf% rise in rent.

Compared to the rest of the Jersey City market, the McGinley Square submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.

McGinley Square Listing Supply

In the last 90 days, 2 listings have been listed, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 500 sqft.

McGinley Square Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst McGinley Square occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.