Historic Downtown Office Space

Historic Downtown

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
600
As of: December 5, 2016

Historic Downtown Rates

Compared to the rest of the Jersey City market, the Historic Downtown submarket has greater rates, and you'll need to make a great offer to be in this hot region.

Historic Downtown Listing Supply

In the last 90 days, 5 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 20% of the office spaces in the Historic Downtown 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.

The standard measurement for office space in this area is around 600 sqft. Most buildings in this area are around 19 floors. Most buildings in this area were built in 1980 and are Class C.

Historic Downtown Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Historic Downtown occupants. Commuting around 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 Historic Downtown.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Historic Downtown.
Research