Commercial Real Estate Market in Jersey City, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
433 active listings and 4,785 off-market properties in Jersey City, NJ. Commercial property asks $317/SF to buy and $30.00/SF/Yr to lease.
Market Trends
Jersey City, NJ spans 14.7 square miles in Hudson County, New Jersey. Figures below refresh monthly; last updated 31 October 2026.
Office
Office vacancy in Jersey City, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Retail
Across Hudson County, retail space asks $305/SF to buy. Retail vacancy in Jersey City, NJ runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Industrial
Industrial vacancy in Jersey City, NJ runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Multifamily
Across Hudson County, multifamily space asks $284/SF to buy. Multifamily vacancy in Jersey City, NJ runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Market overview
Demographics & Economy
Jersey City, NJ has 292,390 residents in 132,636 households. Density runs 19,836 people per square mile. Median household income here is $99,800 and median gross rent $2,005 a month.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Hoboken | $514 | $60.69 |
| Union City | $350 | $28.24 |
| Kearny | $94 | $23.95 |
Commercial property in Jersey City, NJ asks $317/SF. The 3 bordering markets run from $94/SF in Kearny to $514/SF in Hoboken, and the city sits below their $350/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Jersey City?
How much does it cost to lease commercial space in Jersey City?
How does Jersey City compare to nearby markets on price?
Where does Realmo's Jersey City market data come from?
Methodology & data sources
- Asking prices and medians
- There are 314 active for-sale and 119 active for-lease listings in Jersey City, NJ. The medians are based on 41 of the for-sale and 21 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue
