Newport Industrial

We couldn't find any industrial spaces for Lease and Sublease


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Newport Rates

Most listings are in the $40's per square foot per year. The Newport region is seeing a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decrease in rent.

Compared to the rest of the Jersey City market, the Newport region has lower rates, so you should have no trouble finding a great deal in this discounted submarket.

Newport Listing Supply

In the last 90 days, 5 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to make an offer immediately. About 20% of the listings in the Newport are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 11,800 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 19 floors. Most buildings in this area were built in 1992 and are Class A.

Newport Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Newport residents. Commuting under 5 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Newport.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Newport.