Commercial Real Estate in New Jersey – Page 7 | Reonomy

Commercial Real Estate in New Jersey – Page 7

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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New Jersey commercial real estate sold prices and values

Values and sold prices (last 24 months) United States New Jersey
Average price/sqft $909 $579
Average sold price $1,037,796 $1,403,247
Median sold price $196,975 $387,145
Number of sales 3,594,235 40,600
Number of sales over $250k 1,522,457 26,215
Number of sales over $1m 344,082 7,154
Number of sales over $10m 46,755 798
Average total tax amount $7,065 $16,944
Average assessed value $252,208 $601,836
Average market value $356,366 $735,595

New Jersey commercial real estate property averages

Property averages United States New Jersey
Average lot size 816,546 sf 735,019 sf
Median lot size 24,460 sf 14,227 sf
Average building area 1,078 sf 2,986 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 1,006,250,046 11,571,407
Aggregate building area 8,055,341,670 sf 338,563,837 sf
Aggregate units 90,014,181 896,415

New Jersey commercial real estate industrial mortgages

Debt United States New Jersey
Number of mortgages 41,925,990 683,247
Average value of mortgages $5,197,811 $7,300,359

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