Journal Square Office Space

Journal Square

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Journal Square Rates

The typical asking rate per listing is in the $30's per square foot per year. The Journal Square submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 45% rise in rent.

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

Journal Square Listing Supply

In the last 90 days, 14 listings have been posted online, which means new listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,200 sqft. Most buildings in this region are around 3 stories. Most buildings in this region were built in 1974.

Journal Square Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by walking is the most popular way to get to work amongst Journal Square folk. 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 Journal Square.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Journal Square.