The Waterfront Retail

The Waterfront

Office Space Market Report

Number of Listings (last 90 days)
20
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
6,200
As of: June 26, 2017

The Waterfront Rates

Most listings are in the $50's per square foot per year. The The Waterfront submarket is going through a a rise in rates. In the last 3 months, the median rate rose $51 per sqft per year.

Compared to the rest of the Jersey City market, the The Waterfront region has greater rates, and you'll need to pay a premium to be in this hot region.

The Waterfront Listing Supply

In the last 90 days, 20 listings have been posted online, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 150% of the available space 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 available, so finding a space for a small business might be tough.

Even though the median size is 6,200 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are close to 14 stories. Most buildings in this area were built in 1992 and are Class A.

The Waterfront Community

A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Most of the occupants of The Waterfront work from home. Commuting close to 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 The Waterfront.
Market Report

Market Data

Real time and historical data on commercial real estate listings in The Waterfront.
Research