On average, listings lease in the $70's per square foot per year. The Hoboken submarket is going through a an increase in rates. In the last 3 months, the median rate rose $14 per sqft per year. That's a 24% rise in rent.
In the last 90 days, 8 listings have been made available, which means office spaces 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 available, so finding a space for a small business might be tough.
Even though the median size is 2,900 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this market are approximately 13 stories. Most buildings in this region were built in 1987 and are Class A.