Compared to the rest of the Jersey City market, the The Waterfront region has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 20 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 40% 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 6,200 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 14 stories. Most buildings in this region 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 market. Most of the residents of The Waterfront work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.