Commercial real estate in New Jersey

    Search commercial real estate records in New Jersey to find the property data you need. Reonomy provides the most comprehensive commercial real estate information available through the aggregation of commercial property records and data. Search through New Jersey commercial property sales records, owner records and tax records. Signup for a free trial to uncover more information and search by filters including sales history, debt and owner.

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    Popular searches around New Jersey

    Reonomy operates the most comprehensive database for New Jersey Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of New Jersey commercial real estate professionals. Members from New Jersey include brokers, investors and service providers, many of whom specialize in New Jersey Commercial Real Estate.

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    New Jersey commercial real estate sold prices and values

    The average assessed value of commercial real estate properties in New Jersey is $689,056. Commercial real estate sale prices in New Jersey have a median of $350,041. The last 24 months of sales history has seen 34,395 sales, with 21,455 sales greater than $250,000, 5,322 sales valued at over $1,000,000, and 567 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in New Jersey over the last 24 months is $127.

    Values and sold prices (last 24 months) United States New Jersey
    Average price/sqft $1,504 $6,900
    Median price/sqft $101 $127
    Average sold price $1,208,179 $1,261,673
    Median sold price $192,594 $350,041
    Number of sales 2,773,382 34,395
    Number of sales over $250k 1,175,770 21,455
    Number of sales over $1m 307,158 5,322
    Number of sales over $10m 46,620 567
    Average total tax amount $6,485 $20,604
    Average assessed value $294,400 $689,056
    Average market value $346,195 $839,615

    New Jersey commercial real estate property averages

    The average lot size of commercial real estate properties in New Jersey is 10,570 sf. This is 82% below the United States average.

    Property averages United States New Jersey
    Average lot size 837,155 sf 683,496 sf
    Median lot size 25,565 sf 10,570 sf
    Average building area 1,314 sf 3,791 sf
    Median building area 60 sf 90 sf
    Median year built 1964 1950
    Average number of units 21 6
    Median number of units 2 --

    New Jersey commercial real estate total supply

    There are 608,061 commercial real estate properties in New Jersey. This is 195% below the United States average. The total acerage is 9,688,206 acres and the aggregate building area for commercial real estate properties in New Jersey is 344,919,992 sf.

    Supply United States New Jersey
    Number of parcels 51,649,673 608,061
    Aggregate lot acerage 684,407,114 9,688,206
    Aggregate building area 7,014,561,037 sf 344,919,992 sf
    Aggregate units 92,534,440 967,384

    New Jersey commercial real estate industrial mortgages

    There are 266,414 mortgages for commercial real estate properties across New Jersey in the Reonomy database. The average value of those mortgages is $7,496,917. This is 15% below the United States average.

    Debt United States New Jersey
    Number of mortgages 16,070,158 266,414
    Average value of mortgages $8,736,614 $7,496,917

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