Walker House


Number of units

440,000 SF

Property size


Completion date

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 Downtown New Jersey Excellence Awards 2019 Smart Growth Award