City of Newark
One of the Most Dynamic Cities
Newark is one of the fastest growing and most dynamic cities in the Northeast with nearly $2 billion in commercial and residential development underway, including more than 1,500 apartment units under construction and another 4,000 units planned. Newark’s CBD is progressively transitioning into a 24-hour live/work/play destination. New residential and mixed-use buildings, art galleries, boutiques, clubs, bars, cafes, supermarkets, and restaurants are making the downtown area a vibrant place to be after work.
Largest Employment Center
100,000 people commute to Newark each workday, making it the state’s largest employment center with many white-collar jobs in insurance, finance, import-export, health-care, and government. As a major courthouse venue including federal, state, and county facilities, it is home to more than 1,000 law firms. The city is also a “college town”, with nearly 50,000 students attending the city’s universities. Its airport, maritime port, rail facilities, and highway network make Newark the busiest transshipment hub on the East Coast in terms of volume.
Transportation & Access
Newark is located at the center of New Jersey’s main roadway infrastructure, with I-80 and I-280 to the north, I-78 and Route 24 to the south, I-95 to the east, and the Garden State Parkway to the west. Newark is the main hub on the East Coast for air, ship and rail freight, making it the primary gateway into the New York Metropolitan area and the Northeastern United States. This transportation network offers direct routes to locations throughout New Jersey and to major cities including Boston, New York, Philadelphia, and Washington.