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Open-Layout Office Suite
New
For Lease
$7,999/Mo

972 Broad #Floor 3, Newark, NJ 07102

C2 zoning supports office or daycare use, subject to confirmation of additional uses.

Space SizeContact for details
Days on Market3

Property Features for 972 Broad #Floor 3

General Information

Standard status Active
Elevators Yes
Property subtype Commercial
Zoning C2

Space & Availability

Floor 4
Space Use Office
Condition Move-in Ready
Available From Immediate

Lease Terms

Lease Term 120 months
Flexible Term Yes

Additional Details

Public Transit Yes

Amenities

redesigned lobby
energy-efficient windows
updated mechanical systems
fastest 1GB internet
Central Air Heating
Gas Heating
Hot Air Heating
Listing Agency: KELLER WILLIAMS CITY VIEWS REALTY
Listed By: ROSA DAZA
Source: Corcoran
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 1 at 9:41AM

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 KELLER WILLIAMS CITY VIEWS REALTY

Investment Insights

Based on property information with market context.

The fourth-floor suite at 972 Broad Street offers an open layout with natural light and access by elevator or stairs. Building improvements include a redesigned lobby, two elevators, energy-efficient windows, updated mechanical systems, and wiring for 1GB internet. The property was renovated and was originally designed in the 1920s by William H. Lehman. Immediate occupancy is available, with lease terms ranging from 3–10 years.

The building is adjacent to USCIS, EOIR, and other federal agencies, and is near the Federal Courts, City Hall, and Newark Municipal Courts. Nearby transit options include PATH, Newark Broad Street Station, and Light Rail. Newark Liberty Airport is also listed among the nearby transportation options.

Key Highlights

  • Entire 4th floor available with an open‑layout suite
  • C2 zoning for office or daycare use; confirm additional uses
  • Building designed in the 1920s by William H. Lehman and renovated

Property Analytics

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Current Use

Joan O Pinnock ... Law Firm Public Defenders Law Firm Whitney Elliott Law ... Law Firm Empak Property Management Company Peter Rodino Federal ... Government Office

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service Nursing Home (Bike/Boat/Book/etc) Store Pet Store & Service Arcade & Gaming Center

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

5,081
Businesses Nearby

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

$29.66 /SF/Yr
Avg Asking Price
$13.64–$59.38 /SF/Yr
Price Range
10,319 SF
Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office units - C2 zoning supports office or daycare use, subject to confirmation of additional uses.
Where is this office units located?
The property is located at 972 Broad #Floor 3 Newark, NJ.
What is the lease rate?
The lease rate is $7,999/Mo.
What are key features of this property?
This property features: Entire 4th floor available with an open‑layout suite; C2 zoning for office or daycare use; confirm additional uses; Building designed in the 1920s by William H. Lehman and renovated
More about this property
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