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    Commercial Real Estate in New Jersey – Page 3

    Unlock property data on all 597,157 commercial properties in New Jersey. Search across 25 counties to find the New Jersey property records you need, and get in touch with Commercial Real Estate owners in any market. Discover off-market properties likely to sell, refinance, or renovate, or find recent buyers and sellers.

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    Reonomy attracts a large community of New Jersey commercial real estate professionals, including brokers, investors, roofers, contractors, appraisers, insurance providers, and more—many of which specialize in commercial properties.

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    New Jersey commercial real estate sold prices and values

    Values and sold prices (last 24 months) United States New Jersey
    Average price/sqft $1,075 $2,221
    Median price/sqft $120 $168
    Average sold price $1,044,280 $1,405,338
    Median sold price $197,180 $383,903
    Number of sales 3,896,619 44,469
    Number of sales over $250k 1,652,112 28,689
    Number of sales over $1m 376,992 7,748
    Number of sales over $10m 51,617 873
    Average total tax amount $9,270 $21,308
    Average assessed value $316,887 $768,875
    Average market value $436,999 $942,234

    New Jersey commercial real estate property averages

    Property averages United States New Jersey
    Average lot size 816,557 sf 734,537 sf
    Median lot size 24,453 sf 14,230 sf
    Average building area 1,077 sf 2,985 sf
    Median building area 77 sf 111 sf
    Median year built 1970 1959
    Average number of units 16 6
    Median number of units 2 --

    New Jersey commercial real estate total supply

    Supply United States New Jersey
    Number of parcels 58,466,290 629,258
    Aggregate lot acerage 1,006,458,749 11,571,955
    Aggregate building area 8,055,392,605 sf 338,564,648 sf
    Aggregate units 90,029,797 896,568

    New Jersey commercial real estate industrial mortgages

    Debt United States New Jersey
    Number of mortgages 41,928,927 683,305
    Average value of mortgages $5,197,766 $7,299,761

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