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 $695,543. Commercial real estate sale prices in New Jersey have a median of $349,581. The last 24 months of sales history has seen 32,130 sales, with 19,960 sales greater than $250,000, 5,020 sales valued at over $1,000,000, and 554 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 $120.

    Values and sold prices (last 24 months) United States New Jersey
    Average price/sqft $1,569 $9,338
    Median price/sqft $101 $120
    Average sold price $1,215,213 $1,282,122
    Median sold price $186,304 $349,581
    Number of sales 2,886,754 32,130
    Number of sales over $250k 1,202,594 19,960
    Number of sales over $1m 323,569 5,020
    Number of sales over $10m 49,909 554
    Average total tax amount $6,520 $21,274
    Average assessed value $288,098 $695,543
    Average market value $329,971 $840,418

    New Jersey commercial real estate property averages

    The average lot size of commercial real estate properties in New Jersey is 10,770 sf. This is 81% below the United States average.

    Property averages United States New Jersey
    Average lot size 841,144 sf 724,622 sf
    Median lot size 25,552 sf 10,770 sf
    Average building area 1,521 sf 4,308 sf
    Median building area 59 sf 90 sf
    Median year built 1964 1949
    Average number of units 20 7
    Median number of units 2 --

    New Jersey commercial real estate total supply

    There are 584,402 commercial real estate properties in New Jersey. This is 195% below the United States average. The total acerage is 9,626,986 acres and the aggregate building area for commercial real estate properties in New Jersey is 341,287,829 sf.

    Supply United States New Jersey
    Number of parcels 51,092,560 584,402
    Aggregate lot acerage 616,568,166 9,626,986
    Aggregate building area 7,966,355,086 sf 341,287,829 sf
    Aggregate units 90,620,061 984,235

    New Jersey commercial real estate industrial mortgages

    There are 244,314 mortgages for commercial real estate properties across New Jersey in the Reonomy database. The average value of those mortgages is $8,024,594. This is 8% below the United States average.

    Debt United States New Jersey
    Number of mortgages 15,805,722 244,314
    Average value of mortgages $8,744,434 $8,024,594

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