Journal Square

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  • 47 Journal Square Plaza Jersey City New Jersey 07306 United States
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1REC's Take
Pros

✔ Major transportation hub with PATH trains and bus connections ✔ Diverse retail options ✔ Close proximity to NYC

Cons

✘ Heavy traffic congestion ✘ High noise levels ✘ Limited parking

Shopper Profile

• Diverse Shoppers: Local residents and commuters • Preferences: Retail stores, dining, services

Successful Retail Uses:
Retail Stores, Dining, Services
About Location
Journal Square is a bustling hub primarily known for its major transportation center. It attracts a wide-ranging demographic from commuters to students. The retail scene is a mix of fast food, small-scale retailers, and convenience stores. Rents are moderate, and local landlords are common.
Household Income in Trade Area: $90,000
Retail Sales in Trade Area: $1.35 billion
Population in Trade Area: 200,000
Occupancy
Tenant Sales per Square Foot: $900
Occupancy Rate: 92%
Anchor Tenants: JSQ Mall, Hudson County Community College
Tenant Rent/Sales Ratio (%): 11.11%
Rent $ / Visitor (relative cost of the foot traffic): $22.5
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Preferred ISP(s)
Optimum, Verizon
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Low
Union Labor Disharmony Likelihood
Medium
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Primary Landlord: Street
Retail Type: Streets & Neighborhoods
Address: 47 Journal Square Plaza
Jersey City
New Jersey
07306
United States
MSA: New York-Newark-Jersey City NY-NJ-PA

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