Compared to the rest of the Jersey City market, the The Waterfront submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 20 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 25% 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 32,450 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 14 floors. Most buildings in this market were built in 1992 and are Class A.
A large portion of this region is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Most of the folk of The Waterfront work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.