Compared to the rest of the Jersey City market, the Colgate Center submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 16 listings have been listed, which means listings might be going fast. You'll want to be prepared to make an offer immediately. About 38% of the available space in the Colgate Center are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 35,640 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 15 floors. Most buildings in this market were built in 1992 and are Class A.
Wholesale trade is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Colgate Center folk. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.