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Retail Space in Urban Market
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787 Broad Street, Newark, NJ 07102

Retail space available in New Jersey's most dense urban market.

Space Size2,000 SF
Property Size104,580 SF
Days on Market1694

Property Features for 787 Broad Street

General Information

Standard status Active
Size 2,000 SF
Property subtype Retail

Building Details

Building Size 104,580 SF
Tenancy Multiple

Spaces For Lease

at 787 Broad Street Contact us

Space A

Size
2,000 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: CBRE - Florham Park
Listed By: Marta Villa · License #NJ 1538339
Source: Crexi
Added: Jan 1, 2022 Changed: Aug 8 Last Checked: Aug 21 at 9:56AM

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 CBRE - Florham Park

Investment Insights

Based on property information with market context.

Retail space is available in a high-density urban market. The location is at the intersection of Broad and Market Streets, an area recorded as New Jersey’s busiest intersection, with pedestrian counts exceeding 37,000 people per day. The storefronts offer visibility on Broad Street, attracting shoppers from various consumer groups, including residents, the daytime workforce, and the college population. The area features strong co-tenancy with retailers such as GAP, Snipes, Foot Locker, T-Mobile, Chase, Starbucks, and Nike.

Key Highlights

  • Located at Broad and Market, NJ's busiest intersection with over 37,000 pedestrians daily.
  • High visibility storefront on Broad Street.
  • Strong co‑tenancy with national retailers (GAP, Snipes, Foot Locker, T‑Mobile, Chase, Starbucks, Nike).

Property Analytics

Current Use

Roshow beauty salon Hair Salon T-Mobile Mobile Phone Store

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Nursing Home Pet Store & Service Carpet & Flooring Store Buffet

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

6,355
Businesses Nearby
151k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 32% Dining 30% Hotels & Casinos 24% Apparel 8%
DoubleTree by Hilton Newark Penn Station Hotels & Casinos
16,051 visits/mo 0.3 miles
Starbucks Dining
11,346 visits/mo 0.2 miles
Bank of America Shops & Services
11,294 visits/mo 0.3 miles
BP Shops & Services
11,278 visits/mo 0.5 miles
Robert Treat Hotel Hotels & Casinos
10,442 visits/mo 0.3 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

Market

Lease Benchmarks for Newark, NJ

$18.76 /SF/Yr
Avg Asking Price
$2.49–$41.07 /SF/Yr
Price Range
6,735 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 available in New Jersey's most dense urban market.
Where is this retail space located?
The property is located at 787 Broad Street Newark, NJ.
What are key features of this property?
This property features: Located at Broad and Market, NJ's busiest intersection with over 37,000 pedestrians daily.; High visibility storefront on Broad Street.; Strong co‑tenancy with national retailers (GAP, Snipes, Foot Locker, T‑Mobile, Chase, Starbucks, Nike).
More about this property
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