Retail Space Near
For Lease
Contact for pricing
540 Broad St, Newark, NJ 07102
Retail space within a mixed-use project combining residential, office, educational, and open-space components.
Space Size2,733 SF
Days on Market405
Property Features for 540 Broad St
General Information
Standard status
Active
Size
2,733 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Central Business District
Spaces For Lease
at 540 Broad St
Walker House
AVAILABLE, Now
Floor
1
Size
2,733 SF
Type
RETAIL
Rate
Contact for pricing
Sublease
No
• Project consists of a transformative mixed-use environment that blends residential, office, retail, educational and open space:
• Over 45,000 SF of retail space
• 265 residential units
• +/- 80,000 SF of Class “A” office space
• Located in the largest city within the state of New Jersey, with a living population of nearly 300,000 people, ranking it one of the most populous municipalities in the country
• The project is approximately 8 miles from lower Manhattan with an easy walk to the train station and less than a 20-minute ride to New York Penn Station
• The market consists of a large office population with over 14.5 million square feet of office space in the
downtown central business district and is home to several major corporations including Prudential, PSE&G,
Audible.com, Panasonic, IDT and significant east coast law and tech firms
• Residential pipeline of 3,700+ rental units is currently in development in the immediate downtown area along with 35,000+ college students within the market
• Newark Light Rail station immediately fronting Washington Park with transportation throughout the downtown
Contact us
Listing Agency:
Pierson Commercial Real Estate
(732) 707-6900
Listed By:
Ryan Starkman, MBA
Source:
Moodyscre
Added: Sep 26, 2025
Changed: Oct 25
Last Checked: Nov 3 at 8:17AM
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
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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.
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
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,396
Businesses Nearby
115k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 35%
Hotels & Casinos 14%
Home Improvements & Furnishings 3%
Speedway
Shops & Services
15,735 visits/mo
0.3 miles
AutoZone
Shops & Services
13,201 visits/mo
0.5 miles
Popeyes Louisiana Kitchen
Dining
12,235 visits/mo
0.3 miles
Burger King
Dining
11,362 visits/mo
0.5 miles
Starbucks
Dining
11,346 visits/mo
0.4 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Newark, NJ
$25.72 /SF/Yr
Avg Asking Price
$2.49–$52.8 /SF/Yr
Price Range
6,149 SF
Avg Space Size
Vacancy Rate% for Retail in Northeast region
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
