Walker House

540 Broad Street, Newark, NJ 07102

Number of Units:


Property Size:

440,000 SF

Completion Year:


As part of L+M’s continued investment in Newark, L+M acquired the 440,000 square foot building, and historic home to NJ Bell (subsequently, Verizon) at 540 Broad Street. Built in the 1920’s and a great representative design of architect Ralph Walker, this building, with its grand lobby and distinctive façade, has been adaptively reused to support 264 mixed-income apartments, offices and ground floor retail spaces. L+M acquired the property in May 2016 in a partnership with Prudential Financial.


New Jersey Historic Preservation Award

Walker House wins the 29th Annual New Jersey Historic Preservation Award.

Downtown New Jersey Excellence Awards

Walker House is the winner of the 2019 Excellence in Community Development Award.

2019 Smart Growth Award

Walker House wins the New Jersey Future 2019 Smart Growth Award.


Boutique Men’s Grooming Company Leases Office Space at Walker House

Scotch Porter has leased nearly 5,000 square feet in the historic Newark property.

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Scotch Porter Signs 3 Year Lease at Historic Walker House

The boutique men's grooming company has leased almost 5,000 square feet of Class A office space.

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Walker House Apartments Top 90% Leased Milestone

The 211-unit building in downtown Newark is on the verge of being fully occupied just over a year after its unveiling.

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Walker House: First Choice for Couple on the Hunt

After comparing recent Newark developments, the historic building proved most suitable to become their new home.

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Walker House Apartments More Than Half Leased

The downtown location, amenities and upcoming retail and entertainment offerings are drawing residents to the historic Newark tower.

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Leasing Surpasses 50 Percent for Luxury Residences at Downtown Newark’s Historic Walker House

The building will house an exciting array of tenants including a craft brewery and Newark’s first indoor rock-climbing gym.

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Walker House and Hahne’s Transform for the Newark Arts Festival

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Office Space Unveiled at Walker House

There is now more than 50,000 square feet of office space inside one of downtown Newark’s most iconic buildings.

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Craft Brewery, Taproom Opening At Walker House

A new craft brewery and taproom plans to open in the spring of 2020 at 540 Broad Street in Newark.

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L+M Joins Newark Arts to Transform Storefronts into Art Exhibits

Walker House and Hahne's will transform into temporary art exhibits that showcase local arts and culture during the Newark Arts Festival.

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Newark Local Beer, a Micro-Brewery, Will Open Inside the Renovated Walker House

The brewery will open in early 2020 and will bring unique and local flavors to downtown Newark.

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The First Photographs of Exterior, Lobby and Amenity Spaces at Walker House are Released

Photographs provide first look at the building’s landmarked Art Deco exterior and lobby, along with state-of-the-art resident amenities.

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Get a Peek Inside the Fully Restored Walker House

The Art Deco masterpiece at 540 Broad Street officially opened in June.

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Art Deco Buildings Turned Newark into a Place of Refinement

L+M’s Walker House is one of only three landmarked buildings erected during the Art Deco architectural movement that began in the late 1920s.

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L+M Development Partners, Prudential Financial and Goldman Sachs Announce First Rock Climbing Gym in Newark, Method Climbing, to Open in Walker House Early 2020

Gym is to debut in the recently opened historic NJ Bell Building in Downtown Newark.

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Rock Climbing Gym Comes to Newark

Method Climbing is expected to open to the public in early 2020 on the lower floors of Walker House.

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Historic Walker House Opens in Newark

The restored building, originally built in 1929 as the Bell Telephone Building, includes affordable housing, tech classrooms and office space.

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Leasing Launches at Highly-Anticipated Walker House in Downtown Newark as Restoration of Art Deco Masterpiece Nears Completion

The team behind nearby Hahne & Co redevelopment’s latest offering includes high-end finishes, fully amenitized top floor with sweeping views, porte-cochere and unique art deco motifs paying homage to history of Newark.

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Newark’s Historic Walker House Launches Leasing

View photos of the landmarked 21-story building as renovations near completion.

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Leasing At Newark's Walker House Set to Begin May 1

L+M’s newest development will include 64 apartments, with 20% set aside for affordable housing, commercial space, and ground-floor retail.

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5 Newark Development Projects to Watch in 2019

The art deco tower at 540 Broad Street will feature 265 units, including about 50 affordable residences and over 80,000 SF of office space.

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High Rise Redevelopment in Newark Launches Teaser Website

The name of the historic 540 Broad Street building is finally revealed.

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Newark’s Revival is Finally Real

L+M’s contribution to the city’s resurgence include development of Hahne & Co., restoration of the former NJ Bell building and renovations to Georgia King Village.

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Tech Nonprofit to Train Newark Residents in Sustainable Careers

Per Scholas will offer free courses at classrooms located in the historic New Jersey Bell Building at 540 Broad Street.

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Art Deco N.J. Tower Getting a Makeover

Designed by famed architect Ralph Thomas Walker and known for its majestic lobby and brick-and-sandstone exterior, the building is being renovated by L+M Development in Newark.

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Groundbreaking Ceremony Held at Newark's Historic 540 Broad Street Building

The renovation will bring mixed-income housing and more than 80,000 square feet of Class A office and retail space to the landmark 21-story building.


Groundbreaking Ceremony held at Newark's Historic 540 Broad Street Building

The 21-story building will include mixed-income housing and more than 80,000 square feet of Class A office and retail space.

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Mayor Baraka and 540 Broad Street Owners LLC Break Ground on Historic NJ Bell Building Restoration

Landmarked Ralph Walker-Designed building is Development Team’s latest investment in Downtown Newark’s revitalization.

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L+M Development Partners and Prudential Financial Secure Financing to Transform Newark’s Historic New Jersey Bell Building into New Mixed-Use Project

Citi Community Capital and Goldman Sachs Urban Investment Group Will Provide Construction Financing.

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N.J. Bell Building in Newark to Be Redeveloped for Housing

L+M Development will convert 540 Broad St. into a mixed-use tower with office and retail space.

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Development in Newark's Verizon Building to Include Affordable Housing

A local office building that will be converted into apartments is slated to contain affordable housing.

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