Mixed-Use Development with Class A
For Lease
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540 Broad Street, Newark, NJ 07102
Mixed-use project with 45,000 SF of retail, +/-80,000 SF Class A office space, and 265 residential units.
Space Size4,744 SF - 14,602 SF
Property Size436,000 SF
Days on Market74
Property Features for 540 Broad Street
General Information
Standard status
Active
Size
4,744 SF - 14,602 SF
Class
A
Property subtype
Office
Additional Details
Multifamily Units
265
Building Details
Building Size
436,000 SF
Spaces For Lease
at 540 Broad Street Contact us2nd Floor
Size
4,744 SF
Term
Negotiable
Rate
Contact for pricing
3rd Floor
Size
6,306 SF
Term
Negotiable
Rate
Contact for pricing
5th Floor
Size
14,602 SF
Term
Negotiable
Rate
Contact for pricing
Listing Agency:
Lee & Associates | Elmwood Park
Listed By:
Douglas Rowe
(646) 483-0501
Source:
Lee-associates
Added: Jul 24
Changed: Oct 4
Last Checked: Oct 5 at 5:05PM
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 Lee & Associates | Elmwood Park
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.
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
Lease Details
265
Residential units
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,396
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Northeast region
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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 Street 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
