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Retail Space Near Transit
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540 Broad St, Newark, NJ 07102

Retail space within a mixed-use project combining residential, office, educational, and open-space components.

Space SizeContact for details
Property Size2,733 SF
Days on Market314

Property Features for 540 Broad St

General Information

Standard status Active
Size 2,733 SF
Property subtype RETAIL
Listing Agency: Pierson Commercial Real Estate
Listed By: Ryan Starkman, MBA
Source: Moodyscre
Added: Sep 26, 2025 Changed: Jul 31 Last Checked: Aug 5 at 2:00PM

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.

This 2,733-square-foot retail space is part of a mixed-use project incorporating residential, office, retail, educational, and open-space components. The broader project includes over 45,000 SF of retail space, 265 residential units, and approximately 80,000 SF of Class “A” office space.

The property is approximately 8 miles from lower Manhattan, with an easy walk to the train station and a less-than-20-minute ride to New York Penn Station. A Newark Light Rail station immediately fronts Washington Park, providing transportation throughout the downtown. The surrounding central business district contains over 14.5 million square feet of office space and includes major corporate and professional users.

Key Highlights

  • 2,733‑square‑foot retail space within a mixed‑use project
  • Project includes over 45,000 SF of retail space
  • Mixed‑use environment includes 265 residential units and +/- 80,000 SF of Class “A” office space

Property 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

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

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?
Retail space - Retail space within a mixed-use project combining residential, office, educational, and open-space components.
Where is this retail space located?
The property is located at 540 Broad St Newark, NJ.
What are key features of this property?
This property features: 2,733‑square‑foot retail space within a mixed‑use project; Project includes over 45,000 SF of retail space; Mixed‑use environment includes 265 residential units and +/- 80,000 SF of Class “A” office space
(732) 707-6900 Call to check price and availability
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