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.
New Jersey commercial real estate sold prices and values
The average assessed value of commercial real estate properties in New Jersey is $688,741. Commercial real estate sale prices in New Jersey have a median of $350,486. The last 24 months of sales history has seen 37,289 sales, with 23,380 sales greater than $250,000, 5,880 sales valued at over $1,000,000, and 607 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 sold price||$1,190,870||$1,247,137|
|Median sold price||$190,251||$350,486|
|Number of sales||3,017,432||37,289|
|Number of sales over $250k||1,271,384||23,380|
|Number of sales over $1m||333,285||5,880|
|Number of sales over $10m||50,330||607|
|Average total tax amount||$6,485||$20,596|
|Average assessed value||$294,387||$688,741|
|Average market value||$346,180||$839,227|
New Jersey commercial real estate property averages
The average lot size of commercial real estate properties in New Jersey is 10,579 sf. This is 83% below the United States average.
|Property averages||United States||New Jersey|
|Average lot size||837,093 sf||683,291 sf|
|Median lot size||25,591 sf||10,579 sf|
|Average building area||1,314 sf||3,790 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 9,689,894 acres and the aggregate building area for commercial real estate properties in New Jersey is 344,920,509 sf.
|Supply||United States||New Jersey|
|Number of parcels||51,649,673||608,061|
|Aggregate lot acerage||684,518,718||9,689,894|
|Aggregate building area||7,014,588,098 sf||344,920,509 sf|
New Jersey commercial real estate industrial mortgages
There are 266,431 mortgages for commercial real estate properties across New Jersey in the Reonomy database. The average value of those mortgages is $7,496,450. This is 15% below the United States average.
|Debt||United States||New Jersey|
|Number of mortgages||16,072,153||266,431|
|Average value of mortgages||$8,735,955||$7,496,450|