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Restaurant Space with Full Kitchen

1085 Broad St., Newark, NJ 07102

For Lease
$2,500/Mo

Former restaurant space with a full kitchen, two bathrooms, and flexible lower-level area for additional seating or storage.

Space SizeContact for details
Days on Market53

Property Features for 1085 Broad St.

General Information

Standard status Active
Property subtype Commercial

Site & Location

Neighborhood Springfield

Additional Details

Space Use Restaurant

Taxes and HOA fees

Annual Taxes $38,694
Listing Agency: PG REALTY GROUP
Listed By: DANIELA ALZATE
Source: Elliman
Added: Sep 19 Changed: Oct 30 Last Checked: Nov 8 at 6:22AM

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 PG REALTY GROUP

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Investment Insights

Based on property information with market context.

Former restaurant space at 1085 Broad St. in Newark, NJ, offering a full kitchen, two bathrooms, and a lower-level area that can support additional seating. A separate room provides space for cold storage or a potential freezer, adding functional flexibility for food-service operations.

The property is positioned on Broad St. with strong pedestrian, transit, and bicycle access. Walk Score is 98, Transit Score is 95, and Bike Score is 56. The existing restaurant configuration and kitchen infrastructure provide a practical starting point for a food-service user seeking space in Newark’s 07102 ZIP code.

Key Highlights

  • Full kitchen in former restaurant space
  • Two bathrooms included
  • Lower‑level area can accommodate additional seating

Property Analytics

Current Use

Family Restaurant Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Nursing Home Tanning Salon Pet Store & Service Florist

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,572
Businesses Nearby
146k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 44% Groceries 7%
McDonald's Dining
45,223 visits/mo 0.3 miles
Dollar Tree Shops & Services
18,019 visits/mo 0.0 miles
Dunkin' Donuts Dining
15,034 visits/mo 0.1 miles
Bank of America Shops & Services
10,383 visits/mo 0.4 miles
Superfresh Groceries
10,331 visits/mo 0.2 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant space with a full kitchen, two bathrooms, and flexible lower-level area for additional seating or storage.
Where is this conventional restaurant located?
The property is located at 1085 Broad St. Newark, NJ.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: Full kitchen in former restaurant space; Two bathrooms included; Lower‑level area can accommodate additional seating
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