Commercial Real Estate Market in Newport, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
442 active listings and 4,785 off-market properties in Newport, NJ. Commercial property asks $1,233/SF to buy and $38.07/SF/Yr to lease.
Market Trends
Newport, NJ spans 28.5 square miles in Hudson County, New Jersey. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Newport, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail space in Newport, NJ asks $305/SF to buy. Vacancy runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Newport, NJ runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Newport, NJ asks $289/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Newport, NJ has 745 residents in 495 households. Density runs 26 people per square mile. Median household income here is $64,076 and median gross rent $1,594 a month.
745
Population
495
Households
1.5
Avg Household Size
45
Median Age
15%
College-Educated
85%
High-School Grad
28.5 sq mi
ZIP Area
26
Density / Sq Mi
$64,076
Median Household Income
$40,804
Median Earnings
$1,594
Median Rent
$196,700
Median Home Value
Tools
Lease vs Buy Breakeven
At $38.07/SF/Yr lease vs $1,233/SF buy → leasing stays cheaper across the full 30-year hold modeled here.
At a 3.1% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newport?
Commercial property in Newport, NJ asks an average of $1,233 per square foot. Retail carries the highest asking price at $305/SF.
How much does it cost to lease commercial space in Newport?
Asking lease rates in Newport, NJ average $38.07 per square foot per year.
Is it cheaper to lease or buy commercial space in Newport?
In Newport, NJ, leasing stays cheaper across the modelled hold period. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
Where does Realmo's Newport market data come from?
Realmo compiles Newport, NJ figures from 8 recent recorded sales, 334 active sale listings, 108 active lease listings, 4,785 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 334 active for-sale and 108 active for-lease listings in Newport, NJ. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
