Newport Plaza

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  • 125 18th St Jersey City New Jersey 7310 United States
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1REC's Take
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Occupancy Information
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1REC's Take
Pros

✔ Conveniently located ✔ Strong anchor tenants like Best Buy ✔ Easy access to public transport

Cons

✘ Smaller size compared to nearby malls ✘ Limited upscale shopping options ✘ Can get busy

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
Nestled in the dynamic Jersey City, this plaza pulls in young professionals and urban families. It has a blend of retail and dining, with rents that are more affordable than neighboring Manhattan.
Household Income in Trade Area: $90,000
Retail Sales in Trade Area: $750 million
Population in Trade Area: 150,000
Occupancy Information
Tenant Sales per Square Foot: $750
Occupancy Rate: 93%
Anchor Tenants: Newport Centre, Various retail stores
Tenant Rent/Sales Ratio (%): 13.33% – 26.67%
Rent $ / Visitor (relative cost of the foot traffic): $14.29
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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Get Directions
Primary Landlord: Mall
Retail Type: Lifestyle Centers
Address: 125 18th St
Jersey City
New Jersey
7310
United States
MSA: New York-Newark-Jersey City NY-NJ-PA
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