What Newport does

Newport is a privately held master-planned waterfront community in Jersey City, New Jersey, operated by the Newport Property Owners Association. Established in 1986 with first residents moving in during 1987, the development comprises 22 luxury residential towers and 8 million square feet of Class-A commercial office space on the Hudson River waterfront, with direct PATH train access to Manhattan (approximately a 3-minute walk to the Newport PATH station). Supporting amenities include the Newport Centre Mall, Newport Green park, the Hudson River Waterfront Walkway, the Newport Racquet Club (pickleball and tennis), Newport Skates (seasonal ice rink), Newport Swim and Fitness, multiple off-leash dog runs, eight parking garages with EV charging, and public art including Jaume Plensa's 80-foot Water's Soul sculpture at the Ellipse Pier.

The business generates revenue across five interconnected streams: residential rental income through NewportRentals.com; commercial office leasing to enterprise tenants such as Wells Fargo, TD Bank, and Target; retail and dining tenant leases across Newport Centre Mall (Macy's, JCPenney, Best Buy, AMC Theatre and numerous restaurants); hospitality through on-site hotels (Courtyard by Marriott, The Westin Jersey City Newport); and community association/support arrangements administered by the POA. Commercial tenants are attracted through direct outreach and on-site presence, while residential prospects are funneled through the dedicated NewportRentals.com site with quote-based pricing not publicly disclosed. Newport runs no proprietary technology platform; the core 'product' is the integrated physical community and its amenity ecosystem, marketed via newportnj.com, Instagram (@newportpoa, @newportnjapts), email newsletters, and on-site directories.

Current development includes the 47-story 20 Long Slip tower on the northern waterfront, which will become Newport's tallest building and add new residences and retail space. The 40th anniversary (1986–2026) is being actively marketed. There is no evidence of venture capital funding, no subsidiaries, and no public listing; the entity is governed as a private property owners association with 11–50 employees.

Name

Newport

Legal name

Newport Property Owners Association

Website

https://newportnj.com

Company type

Private

Founded year

1986

Operating status

Operating

Headcount range

11–50 employees

Short description

Newport is a privately held master-planned waterfront community in Jersey City, NJ, operating 22 luxury residential towers and 8 million square feet of Class-A commercial office space alongside retail, dining, hospitality, and recreation amenities, serving urban professionals, commuters to Manhattan, commercial tenants, and visitors.

Ownership category

akta.pro rank

Product category

Master Planned Waterfront Community / Mixed-Use Real Estate

NAICS

Hotels (except Casino Hotels) and Motels (721110), Hotels (except Casino Hotels) and Motels (72111)

SIC

Hotels & Motels (7011), Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Marina & Waterfront Full-Service Hotels (THAGAAAK)

akta.pro secondary industry

Hotel & Resort Restaurants (THAFACAH)

Keywords

• Master planned community
• Luxury residential rentals
• Commercial office leasing
• Waterfront real estate
• Property owners association

Headquarters

HQ city

Jersey City

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Marketing or Sales, Others

Revenue model

1. Residential Rentals: Newport generates revenue through rental income from its 22 luxury residential towers. Residential units are managed through NewportRentals.com and offered to renters seeking waterfront living in Jersey City with Manhattan proximity.
2. Commercial Real Estate Leasing: Newport earns rental income from 8 million square feet of Class-A commercial office space leased to businesses and professional tenants.
3. Retail and Dining Tenant Leases: The community hosts numerous retail shops, restaurants, and entertainment venues including Newport Centre Mall, contributing to commercial ecosystem revenue through tenant relationships.
4. Hospitality: Hotels operating within Newport including Courtyard by Marriott and The Westin Jersey City Newport contribute to the hospitality ecosystem and community services.
5. Community Association Fees: The Newport Property Owners Association provides services to the community including maintenance, amenities, and events, supported by community membership/association arrangements.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Newport is a master planned waterfront community in Jersey City, NJ, operating 22 luxury residential towers and 8 million square feet of Class-A commercial office space, along with the Newport Centre shopping mall, on-site hotels, restaurants, parks, recreation facilities, parking garages, and community amenities. The community generates revenue primarily through residential and commercial leases, retail and dining tenant arrangements, hospitality partnerships, and community association services to residents, commercial tenants, and visitors.

Product overview

Newport is a master planned waterfront community in Jersey City, NJ, established in 1986, comprising 22 luxury residential towers, 8 million square feet of Class-A commercial office space, and the Newport Centre shopping mall. The community offers extensive amenities including the Newport Racquet Club for pickleball and tennis, Newport Skates ice rink (seasonal), Newport Swim And Fitness with pool and tennis facilities, multiple dog runs, Hudson River Waterfront Walkway, and Newport Green Park. Accommodations include The Westin Jersey City Newport and Courtyard by Marriott. Newport features public art installations including the iconic Water's Soul sculpture by Jaume Plensa, plus dining, retail, parking with EV charging, and event programming.

Differentiator

Problem solved

Functional benefit

Brands

• Newport Racquet Club: Pickleball and tennis courts operated by the Newport Property Owners Association, open seasonally for community play, leagues, and programming.
• Newport Centre Mall
• Newport Green
• Newport Skates
• Newport Parking
• Water's Soul

Products and services

• Newport Residential Rentals Luxury waterfront residential apartments for rent across 22 residential towers in Jersey City, NJ, with Manhattan skyline views and direct PATH transit access to Manhattan. Targeted at urban professionals and households seeking integrated luxury waterfront living.
• Newport Commercial Office Leasing Class-A commercial office space totaling 8 million square feet available for lease to businesses in need of premium waterfront workspace near Manhattan, including buildings at 100 Town Square Place, 111 Town Square Place, and 480-575 Washington Blvd. Tenants include financial services firms (Wells Fargo, TD Bank), retail anchors (Target), and other enterprise customers.
• Newport Centre Mall Shopping mall located within the Newport community in Jersey City, featuring major retail tenants (Macy's, JCPenney, Best Buy, Target), specialty shops, a food court, and the AMC Movie Theater as an entertainment anchor.
• Newport Racquet Club Pickleball and tennis facility within Newport offering court reservations, social play, leagues, and programming, open daily 9 AM - 8 PM seasonally. Target users are Newport residents, neighbors, and players of all skill levels.
• Newport Skates Seasonal outdoor ice skating rink located at River Market, open November through March, offering drop-in classes, group classes, private lessons, and birthday party hosting for residents and visitors.
• Newport Swim And Fitness Health club within Newport featuring a state-of-the-art fitness center, a five-lane indoor swimming pool with lifeguard, a private tennis court, and a soccer field, serving Newport residents and community members.
• Newport Parking Multiple public parking garages operated by Newport within the community—including Town Square Garage, North Garage, South Garage, Riverside Garage, Bisby Garage, River Market Garage, East Hampton Garage, and Parkside Garage—many equipped with EV charging stations, serving residents, commercial tenants, and visitors.
• Newport Green Park Four-acre landscaped public park within Newport featuring turf playing fields, open lawns, botanical garden paths, playgrounds, and the only sandy urban beach on the Hudson River, serving residents and visitors for outdoor recreation.
• Newport Dog Runs Four off-leash dog runs located near the Newport waterfront—River Drive Dog Run, North Dog Run, Newport Pier Dog Run, and Lighthouse Dog Run—providing dedicated pet recreation space for residents and their dogs.
• The Westin Jersey City Newport Manhattan-view hotel located within Newport, adjacent to the Newport PATH station, featuring Fire & Oak restaurant, modern rooms with 37-inch flat-screen TVs, The Half Moon Lobby, and walking-distance access to Manhattan. Targeted at business and leisure travelers visiting the Jersey City waterfront.
• Courtyard by Marriott Jersey City Marriott-operated hotel located within Newport, providing additional accommodations and hospitality capacity for visitors to the Jersey City waterfront community.
• Hudson River Waterfront Walkway (Newport section) Scenic waterfront walkway within Newport running along the Hudson River with Manhattan skyline views, popular for walking, running, and cycling; free to access and connects to broader Hudson River Waterfront Walkway infrastructure.
• Water's Soul Sculpture Approximately 80-foot monumental sculpture by international artist Jaume Plensa, installed at Newport's Ellipse Pier along the Hudson River, depicting a woman with finger pressed to her lips; serves as Newport's iconic public art landmark. Unveiled October 21, 2021.

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and major.

• Jaume Plensa / Water's SoulcoreStrategic or Co-development Partner · 21 October 2021International artist Jaume Plensa created 'Water's Soul,' an 80-foot monumental sculpture installed at Newport's Ellipse Pier along the Hudson River. This is the first public art installation by an international artist in the Newport neighborhood. The sculpture represents a woman with finger pressed to lips, symbolizing water drops as individuals coming together to form a community. The installation was unveiled on October 21, 2021.
• Marriott International (Courtyard by Marriott, The Westin)majorChannel Partner/ Reseller/ DistributorHotels operated by Marriott International including Courtyard by Marriott Jersey City and The Westin Jersey City Newport are located within Newport. These hotels serve visitors to the waterfront community and contribute to Newport's hospitality ecosystem. The Westin offers Manhattan views with Fire & Oak restaurant and The Half Moon Lobby.
• AMC TheatresmajorChannel Partner/ Reseller/ DistributorAMC Movie Theater is located at Newport Centre Mall, providing entertainment options for residents and visitors. The theater offers a premium movie viewing experience within the Newport community.
• Newport Centre Mall RetailersmajorChannel Partner/ Reseller/ DistributorMajor retail tenants including Macy's, JCPenney, Target, Best Buy, and numerous other shops operate within Newport Centre Mall, the primary shopping destination in the community.
• PATH (Port Authority Trans-Hudson)coreOthersThe Newport PATH station, located steps from Newport, provides direct rail access to Manhattan in approximately 3 minutes. The PATH system connects Newport to New York City's mass transit network, making Newport a highly accessible waterfront community for commuters.
• Hudson River Waterfront WalkwaycoreOthersNewport features extensive sections of the Hudson River Waterfront Walkway, a scenic pathway running along the river with views of the Manhattan skyline. The walkway connects to the George Washington Bridge and is free to visit at any time.

Scale indicators7 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Mueller (Catellus / City of Austin): Austin master-planned redevelopment (former airport) combining residential, office, retail, and parks. Comparable master-planned mixed-use community with mixed residential/office signature.
• CityCenterDC (CBSRG / CIDQ): Washington D.C. master-planned mixed-use district combining Class-A office, luxury residences, retail, dining, and public plazas — analogous to Newport's scale and tenant mix strategy.
• LeFrak: Family-owned NJ/NYC real estate developer behind major mixed-use communities including Newport-adjacent Jersey City holdings. Highly relevant comparison given geography and master-planned multifamily/office mix.
• Battery Park City Authority: Manages Battery Park City, the comparable master-planned waterfront residential/commercial district on the Hudson in Lower Manhattan. Direct competing model: mixed-use waterfront, residential towers, commercial space, and waterfront parks run by a quasi-public authority.
• Hudson Yards (Related Companies): Manhattan master-planned mixed-use district combining Class-A office, luxury residences, retail, and public amenities. Closest comparable by scale, mix, and Manhattan-adjacent waterfront positioning.
• Seaport District NYC (Howard Hughes Holdings): Lower Manhattan waterfront mixed-use redevelopment operated by Howard Hughes Holdings combining retail, office, residential, and hospitality. Closely comparable waterfront live-work-play positioning.
• Mission Rock (TIA / San Francisco Giants): San Francisco waterfront master-planned mixed-use district combining residential, commercial, retail, and parks. Comparable multi-phase waterfront community building approach with public-private partnership flavor.
• The Wharf (Hoffman-Madison Waterfront): Washington D.C. master-planned waterfront district mixing residential, office, retail, hotels, and marina. Comparable multi-decade phasing, waterfront recreational amenity strategy, and integrated hospitality.

Broad incumbents

• Vornado Realty Trust: NYC-focused REIT with substantial Class-A office and retail portfolio in Manhattan, including assets adjacent to Penn Station. Broad incumbent in the same Hudson waterfront/Midtown office leasing market Newport competes in.
• Brookfield Properties: Large-scale operator of mixed-use and Class-A office districts (Brookfield Place NYC, Manhattan West). Comparable business model across office leasing and amenitized public realm.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks4 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/newportpoa
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/newport

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Newport