Most listings are in the $30's per square foot per year. The Jersey City submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 7% decline in rent.
In the last 90 days, 41 listings have been posted online, so you'll want to check back regularly for new listings. About 22% of the listings in the Jersey City 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 23,570 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 12 stories. Most buildings in this area were built in 1988 and are Class A.