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.

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 $771,561. Commercial real estate sale prices in New Jersey have a median of $380,224. The last 24 months of sales history has seen 45,485 sales, with 29,172 sales greater than $250,000, 7,830 sales valued at over $1,000,000, and 855 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 $163.

Values and sold prices (last 24 months) United States New Jersey
Average price/sqft $1,383 $1,859
Median price/sqft $117 $163
Average sold price $1,121,868 $1,392,101
Median sold price $194,935 $380,224
Number of sales 3,907,581 45,485
Number of sales over $250k 1,646,046 29,172
Number of sales over $1m 386,972 7,830
Number of sales over $10m 55,955 855
Average total tax amount $5,932 $20,641
Average assessed value $307,066 $771,561
Average market value $388,214 $892,449

New Jersey commercial real estate property averages

The average lot size of commercial real estate properties in New Jersey is 14,301 sf. This is 52% below the United States average.

Property averages United States New Jersey
Average lot size 816,882 sf 727,298 sf
Median lot size 24,485 sf 14,301 sf
Average building area 1,138 sf 2,952 sf
Median building area 75 sf 108 sf
Median year built 1970 1959
Average number of units 16 6
Median number of units 2 --

New Jersey commercial real estate total supply

There are 625,918 commercial real estate properties in New Jersey. This is 195% below the United States average. The total acerage is 11,218,679 acres and the aggregate building area for commercial real estate properties in New Jersey is 325,757,742 sf.

Supply United States New Jersey
Number of parcels 57,794,383 625,918
Aggregate lot acerage 958,750,430 11,218,679
Aggregate building area 8,137,456,057 sf 325,757,742 sf
Aggregate units 87,699,574 888,569

New Jersey commercial real estate industrial mortgages

There are 663,625 mortgages for commercial real estate properties across New Jersey in the Reonomy database. The average value of those mortgages is $7,269,575. This is 33% above the United States average.

Debt United States New Jersey
Number of mortgages 40,416,832 663,625
Average value of mortgages $5,210,150 $7,269,575

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