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Renovated Office Space in Newark
For Lease
$4,000/Mo

972 Broad #LL 1, Newark, NJ 07102

Premier downtown Newark office space with modern amenities and convenient location.

Space SizeContact for details
Days on Market253

Property Features for 972 Broad #LL 1

General Information

Standard status Active
Property subtype Commercial

Amenities

Central Air Heating
Gas Heating
Hot Air Heating
Listing Agency: KELLER WILLIAMS CITY VIEWS REALTY
Listed By: ROSA DAZA
Source: Corcoran
Added: Dec 11, 2025 Changed: Aug 8 Last Checked: Aug 8 at 2:44PM

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.

Located in downtown Newark, this office space is situated in a renovated landmark building originally designed in the 1920s. The building features a redesigned lobby, two modern elevators, energy-efficient windows, and updated mechanical systems. It is wired for 1GB internet. The available 1,920 square-foot suite has an open layout with abundant natural light and elevator and stair access. The space is suitable for law firms, creative agencies, nonprofits, or startups. The property is located in Newark’s government and cultural district, near the Federal Courts, City Hall, the Newark Municipal Courts, USCIS, and EOIR. It is also close to NJPAC, Newark Symphony Hall, Prudential Center, the Essex County Courthouse, and the Ironbound District, with access to PATH, Newark Broad Street Station, Light Rail, and Newark Liberty Airport. The zoning is C2 for office or daycare use. Lease terms are flexible, from 3 to 10 years, and immediate occupancy is available.

Key Highlights

  • Premier downtown Newark location, steps from Federal Courts, City Hall, and USCIS/EOIR.
  • Newly renovated landmark building with redesigned lobby, modern elevators, and energy‑efficient windows.
  • Wired for the fastest 1GB internet available.

Property Analytics

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 Nursing Home Pet Grooming Service (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
$3.75 /SF/Yr
CAM

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

Market

Lease Benchmarks for Newark, NJ

$27.45 /SF/Yr
Avg Asking Price
$8.09–$59.38 /SF/Yr
Price Range
8,041 SF
Avg Space Size

This space is priced 9% below the average of $27.45 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Premier downtown Newark office space with modern amenities and convenient location.
Where is this office units located?
The property is located at 972 Broad #LL 1 Newark, NJ.
What is the lease rate?
The lease rate is $4,000/Mo.
What are key features of this property?
This property features: Premier downtown Newark location, steps from Federal Courts, City Hall, and USCIS/EOIR.; Newly renovated landmark building with redesigned lobby, modern elevators, and energy‑efficient windows.; Wired for the fastest 1GB internet available.
More about this property
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