124 Bay Street — Lease in Jersey City, NJ

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Jersey City, NJ 97451

Description

Located in the heart of the Powerhouse Arts District across the street from the future 550-seat Provost Square Performing Arts Theater and public plaza, and directly between the future Whole Foods Market and Simon’s Newport Centre Mall

Market Context

This retail in Jersey City, NJ is listed for lease. It has been on the market for 53 days. Compare it against other retail listings for lease in Jersey City, NJ — view the full market.

As of Q1 2026, the New Jersey retail market showed average asking rents near $54.00/SF/yr, and cap rates around 8.0%. Source: multiple brokerage reports, Q1 2026.

Retail market FAQ

What is the typical cap rate for retail in New Jersey?
About 8.0% as of Q1 2026, per multiple brokerage reports.

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