ACREX · CALDWELL, NJ
Port Newark/Elizabeth Industrial Real Estate
Warehouse, IOS and port-related property in Newark and Elizabeth. Q3 2026 data.
The Port Newark-Elizabeth Marine Terminal sits in the cities of Newark and Elizabeth.
Market snapshot, Q3 2026
NAI James E. Hanson, 3Q 2026: Ports submarket vacancy 6.1%, more than 3.3 million SF leased year to date, Class A asking rents averaging $21.25/SF.
Newmark, 3Q 2026: Newark $18.37/SF NNN, 4.7% vacancy; Linden/Elizabeth $17.38/SF, 6.3% vacancy.
Real Estate NJ, Aug 2026: IOS sites near the port also need zoning that permits container stacking and storage.
Each firm draws its submarkets differently, so figures are not directly comparable. Asking rents are averages, not achieved rents.
What it means for owners
Class A port space carries some of the highest asking rents in northern NJ. Get a free rent and value estimate for your building.
Projects in the pipeline
The AcreX sheet tracks 12 commercial projects in these towns (7 warehouse, industrial or storage) and 57 mapped multifamily projects with 5,101 units, as of October 24, 2026. Commercial tab · Pipeline tab
Largest industrial projects
Seagis 58-108 Frontage Road warehouse/distribution building, Newark: 224,900 SF, approved.
Centerpoint Butler office/warehouse, 748-762 Spring St / 20-52 Butler St, Elizabeth: 207,800 SF, approved.
Garden State Cold Storage automated cold-storage warehouse, Newark: 156,000 SF, approved.
Extra Space Self Storage, 305 Wilson Ave (Ironbound), Newark: 135,728 SF, completed.
Seaport Self Storage, 165 Division St, Elizabeth: 124,310 SF, approved.
Extra Space Storage, 300-340 & 1880 Allen St, Elizabeth: 70,738 SF, approved.
Largest multifamily projects
Mulberry Pointe, Newark: 1,008 units, approved.
22 Fulton, Newark: 396 units, approved.
24-38 University Avenue, Newark: 350 units, approved.
Map
For owners
Owner questions
Which towns are in the Port Newark/Elizabeth?
Newark, Elizabeth. This is the town list AcreX uses; brokerage research firms draw their submarkets differently.
What do warehouses rent for in the Port Newark/Elizabeth?
Ports submarket vacancy 6.1%, more than 3.3 million SF leased year to date, Class A asking rents averaging $21.25/SF. Source: NAI James E. Hanson, 3Q 2026.
How many projects are planned here?
12 commercial projects and 57 mapped multifamily projects (5,101 units) in the AcreX sheet as of October 24, 2026.
Who pays the broker when I lease my building?
It depends on the listing agreement. In New Jersey a broker can only enforce a commission agreement that is in writing (N.J.S.A. 25:1-16), so the fee and who pays it should be agreed before marketing starts.
Related pages
Talk to AcreX
Book a consultation with Jonathan Libock · Call (201) 694-6463 · jon@acrex.co
Sources: NAI James E. Hanson 3Q 2026 Industrial Report (Oct 5, 2026); Newmark 3Q 2026 Northern NJ Industrial Market Report; Matthews Northern NJ Industrial Q3 2026 (Oct 30, 2026); AcreX pipeline sheet, Commercial and Pipeline tabs, rows marked for the map, as of October 24, 2026. Updated November 2, 2026.