The Waterfront Industrial

We couldn't find any industrial spaces for Lease and Sublease

The Waterfront

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
6,200
As of: June 23, 2017

The Waterfront Rates

On average, listings lease in the $40's per square foot per year. The The Waterfront region is going through a an increase in rates. In the last 3 months, the median rate went up $48 per sqft per year.

Compared to the rest of the Jersey City market, the The Waterfront submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

The Waterfront Listing Supply

In the last 90 days, 20 listings have come on the market, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 130% of the available leases in the The Waterfront are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,200 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are close to 14 stories. Most buildings in this region were built in 1992 and are Class A.

The Waterfront Community

A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this area. Most of the residents of The Waterfront work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in The Waterfront.
Market Report

Market Data

Real time and historical data on commercial real estate listings in The Waterfront.
Research