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 discounted region.
In the last 90 days, 20 listings have been made available, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. About 40% of the listings in the The Waterfront 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 on the market, so finding a space for a small business might be tough.
Even though the median size is 6,200 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this region are around 14 stories. Most buildings in this market were built in 1992 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Most of the occupants 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.