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Retail-Office Redevelopment Property
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1016-1018 Broad Street, Newark, NJ 07102

Redevelopment opportunity featuring HVAC, wet sprinkler system, and approximately 14-foot ceilings within 13,280 SF.

Property Size13,280 SF
Lot Size0.32 Acres
Days on Market122

Property Features for 1016-1018 Broad Street

General Information

Standard status Active
Size 13,280 SF
Lot size 0.32 Acres
Property subtype Office
Zoning B-4

Warehouse & Industrial

Clear Height 14 ft
Sprinkler System Yes

Additional Details

Highway Access Yes
Listing Agency: The Blau & Berg Company
Listed By: Jason M. Crimmins · License #NJ 9694872
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 11:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Blau & Berg Company

Investment Insights

Based on property information with market context.

This retail-office redevelopment opportunity totals approximately 13,280 square feet on a 0.32-acre site. The building is equipped with HVAC service and a wet sprinkler system, with ceiling heights around 14 feet. Column spacing varies, which can affect layout planning and tenant buildout.

The property is located at 1016-1018 Broad Street in Newark, NJ, with area access that includes approximately 1.27 miles to I-78, I-280, and Newark Airport, and about 2.5 miles to the Garden State Parkway. Nearby destinations include The Prudential Center, NJ Performing Arts Center, NJ Historical Society, Newark Penn Station, and Newark Symphony Hall.

Zoning is listed as B-4. The combination of retail and office use characteristics, along with the existing building systems, supports a range of redevelopment and repositioning approaches subject to approvals.

Key Highlights

  • Redevelopment opportunity with 13,280 SF retail‑office building
  • 0.32 AC site (83’ x 170’ lot dimensions)
  • Approx. 14’ ceiling height

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Veterinary Clinic Nursing Home Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

14 ft
Clear height
Yes
Sprinkler system
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

6,355
Businesses Nearby

Demographics for 07102, NJ

15,047
Population
6,574
Households
2.3
Avg Household Size
34
Median Age
30%
College-Educated
82%
High-School Grad
1.1 sq mi
ZIP Area
13,679
Density / Sq Mi
$37,093
Median Household Income
$42,234
Median Earnings
$1,141
Median Rent
$293,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Redevelopment opportunity featuring HVAC, wet sprinkler system, and approximately 14-foot ceilings within 13,280 SF.
Where is this office building located?
The property is located at 1016-1018 Broad Street Newark, NJ.
What are key features of this property?
This property features: Redevelopment opportunity with 13,280 SF retail‑office building; 0.32 AC site (83’ x 170’ lot dimensions); Approx. 14’ ceiling height
(973) 379-6644 Call to check price and availability
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