Newport Crossing

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  • 613 Washington Blvd Jersey City New Jersey 7310 United States
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1REC's Take
About
Occupancy
Rents
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Vendors
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1REC's Take
Pros

✔ Proximity to Newport PATH station ✔ Variety of retail options ✔ Clean and well-maintained

Cons

✘ Can be crowded during rush hours ✘ Limited parking ✘ Higher rent prices

Shopper Profile

✦ Young Professionals: Working in nearby offices ✦ Families: Local residents ✦ Preferences: Retail stores, dining, services

About Location
A modern shopping and dining destination attracting both New Jersey residents and New York City commuters.
Trade Area Summary

Basic Demographics

Median Household Income: $97,901
Consumer Expenditure: $23,791,535,040
Population: 678,089
Daytime Population: 945,052
Source Notes: Data reflects 20 minute drive times as of Q3 2023 (Experian) and is provided by Dallimore & Co, a boutique advisory firm specializing in growth strategy, real estate solutions, and M&A for specialty retail and consumer brands.

Household Segment Breakdown

Segment #1: G – Educated Urbanites (83%)
Segment #2: A – Ultra Wealthy Families (11%)
Segment #3: E – Near-Urban Diverse Families (6%)
All Other Segments: 0%

Source Notes: Segment data reflects 0.25mi radius and is provided by Spatial.ai, an AI-Powered segmentation platform for retail marketers.

Occupancy
Tenant Sales per Square Foot: $950
Occupancy Rate: 94%
Anchor Tenants: Target, Best Buy, Kohl’s
Tenant Rent/Sales Ratio (%): 9.47% – 29.47%
Rent $ / Visitor: $25.71
Source Notes: Data sourced from public and private records.
Destination Rents
Average Rent (psf): $100
Rent Range (psf): $90 – $280 (Net)
Source Notes: Data sourced from public and private records.
Know Before You Go
Preferred ISP(s)
Optimum, Verizon
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Low
Union Labor Disharmony Likelihood
Medium
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MSA: New York-Newark-Jersey City NY-NJ-PA
Address: 613 Washington Blvd
Jersey City
New Jersey
7310
United States
Place Tags: Mall
Website
Retail Type: Lifestyle Centers
Documents:
Retail-101-Clicks-to-Bricks-Basics-Free-Preview-1.pdf

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