Two-Space Corner Retail
869 Broad Street, Newark, NJ 07102
For Lease
Contact for pricing
Retail space occupies the base of a residential building at a downtown Newark intersection.
Space SizeContact for details
Days on Market55
Property Features for 869 Broad Street
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Listing Agency:
CBRE - Florham Park
Listed By:
Marta Villa · License #1538339
(973) 437-2040
Source:
Cbre
Added: Sep 16
Changed: Oct 29
Last Checked: Nov 8 at 4:57AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail offering includes two separate spaces totaling 4,560 SF within the lower portion of a larger residential property. The retail component is situated beneath 40 residential units, creating a direct relationship between the commercial space and the building’s residential population.
The property is located at the corner of Broad Street and Williams Street in Downtown Newark, with access from a central city intersection. Its position within a mixed residential and retail setting supports a range of commercial occupancy formats suited to the available spaces.
The property is located at the corner of Broad Street and Williams Street in Downtown Newark, with access from a central city intersection. Its position within a mixed residential and retail setting supports a range of commercial occupancy formats suited to the available spaces.
Key Highlights
- Two retail spaces totaling 4,560 SF
- Located at the corner of Broad Street and Williams Street
- Retail component positioned below 40 residential units
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,673
Businesses Nearby
208k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 44%
Shops & Services 36%
Hotels & Casinos 10%
Apparel 6%
McDonald's
Dining
45,223 visits/mo
0.5 miles
Exxon
Shops & Services
11,797 visits/mo
0.4 miles
Starbucks
Dining
11,346 visits/mo
0.4 miles
Bank of America
Shops & Services
11,294 visits/mo
0.3 miles
BP
Shops & Services
11,278 visits/mo
0.2 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
$25.72 /SF/Yr
Avg Asking Price
$2.49–$52.8 /SF/Yr
Price Range
6,149 SF
Avg Space Size
Properties on Market for Retail space in Newark
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space occupies the base of a residential building at a downtown Newark intersection.
Where is this retail space located?
The property is located at 869 Broad Street Newark, NJ.
What are key features of this property?
This property features: Two retail spaces totaling 4,560 SF; Located at the corner of Broad Street and Williams Street; Retail component positioned below 40 residential units
