Newport Crossing

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  • 613 Washington Blvd Jersey City New Jersey 7310 United States
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1REC's Take
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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

Successful Retail Uses:
Retail Stores, Dining, Services
About Location
A modern shopping and dining destination attracting both New Jersey residents and New York City commuters.
Household Income in Trade Area: $100,000
Retail Sales in Trade Area: $950 million
Population in Trade Area: 250,000
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 (relative cost of the foot traffic): $25.71
Other Notes: Data sourced from public and private records.
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Destination Rents
Average Rent (psf): $100
Rent Range (psf): $90 – $280 (Net)
Other 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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Primary Landlord: Mall
Retail Type: Lifestyle Centers
Address: 613 Washington Blvd
Jersey City
New Jersey
7310
United States
MSA: New York-Newark-Jersey City NY-NJ-PA
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