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Mixed-Use Development with Class A Office
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540 Broad St, Newark, NJ 07102

Mixed-use project with 45,000 SF of retail, +/-80,000 SF Class A office space, and 265 residential units.

Space Size4,500 SF
Days on Market349

Property Features for 540 Broad St

General Information

Standard status Active
Size 4,500 SF
Class A
Property subtype RETAIL

Additional Details

Multifamily Units 265

Spaces For Lease

at 540 Broad St Contact us

Walker House

Floor
1
Size
4,500 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
• Project consists of a transformative mixed-use environment that blends residential,...
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Listing Agency: Pierson Commercial Real Estate
Listed By: Ryan Starkman, MBA
Source: Moodyscre
Added: Sep 26, 2025 Changed: Sep 5 Last Checked: Sep 9 at 7:40AM

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 Pierson Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 540 Broad St in Newark, this mixed-use project combines substantial retail and office space with apartment residences. The development includes over 45,000 SF of retail space, approximately +/-80,000 SF of Class “A” office space, and 265 residential units, along with educational and open space components described as part of the overall environment.

The property is noted as having immediate access to Newark Light Rail, with the station fronting Washington Park. It is also described as an easy walk to the train station, with travel time under 20 minutes to New York Penn Station.

For leasing in a dense downtown employment market, the project is positioned within a central business district environment supported by a large office base, with the remarks listing major corporations and ongoing downtown residential and student activity.

Key Highlights

  • Mixed‑use project with over 45,000 SF of retail space
  • +/- 80,000 SF of Class A office space
  • 265 residential units

Property Analytics

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Open Analytics

Current Use

Walker House Home 😍💖 Apartment Complex Sefia Tutors Tutoring Service Body Kulture Big Box & Wholesale Store Fox Construction Civil Engineer Farrell Brothers Pest ... Garden Center

Suggested Use

Top Pick Veterinary Clinic Building Supply Garden Center Pet Grooming Service Kitchen & Bath Showroom Pet Store

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

265
Residential units
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,396
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use project with 45,000 SF of retail, +/-80,000 SF Class A office space, and 265 residential units.
Where is this mixed-use property located?
The property is located at 540 Broad St Newark, NJ.
What are key features of this property?
This property features: Mixed‑use project with over 45,000 SF of retail space; +/- 80,000 SF of Class A office space; 265 residential units
(732) 707-6900 Call to check price and availability
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