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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 Size2,733 SF
Days on Market359

Property Features for 540 Broad St

General Information

Standard status Active
Size 2,733 SF
Property subtype RETAIL

Spaces For Lease

at 540 Broad St Contact us

Walker House

Floor
1
Size
2,733 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 2 Last Checked: Sep 19 at 1:06PM

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

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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 Carpet & Flooring 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
115k
Monthly Visits Nearby

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
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Market

Lease Benchmarks for Newark, NJ

$21.56 /SF/Yr
Avg Asking Price
$2.49–$41.07 /SF/Yr
Price Range
6,914 SF
Avg Space Size

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
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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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