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 $747,008. Commercial real estate sale prices in New Jersey have a median of $381,835. The last 24 months of sales history has seen 43,843 sales, with 28,142 sales greater than $250,000, 7,581 sales valued at over $1,000,000, and 830 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 $161.
|Values and sold prices (last 24 months)||United States||New Jersey|
|Average sold price||$1,182,492||$1,388,053|
|Median sold price||$193,952||$381,835|
|Number of sales||3,924,050||43,843|
|Number of sales over $250k||1,648,089||28,142|
|Number of sales over $1m||393,899||7,581|
|Number of sales over $10m||59,129||830|
|Average total tax amount||$6,007||$21,250|
|Average assessed value||$308,479||$747,008|
|Average market value||$389,707||$863,499|
New Jersey commercial real estate property averages
The average lot size of commercial real estate properties in New Jersey is 14,504 sf. This is 51% below the United States average.
|Property averages||United States||New Jersey|
|Average lot size||818,720 sf||727,741 sf|
|Median lot size||24,562 sf||14,504 sf|
|Average building area||1,166 sf||3,065 sf|
|Median building area||74 sf||106 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 612,775 commercial real estate properties in New Jersey. This is 195% below the United States average. The total acerage is 11,109,632 acres and the aggregate building area for commercial real estate properties in New Jersey is 318,988,155 sf.
|Supply||United States||New Jersey|
|Number of parcels||57,574,886||612,775|
|Aggregate lot acerage||900,770,598||11,109,632|
|Aggregate building area||8,205,691,017 sf||318,988,155 sf|
New Jersey commercial real estate industrial mortgages
There are 645,354 mortgages for commercial real estate properties across New Jersey in the Reonomy database. The average value of those mortgages is $7,449,705. This is 35% above the United States average.
|Debt||United States||New Jersey|
|Number of mortgages||39,848,711||645,354|
|Average value of mortgages||$5,223,655||$7,449,705|