Commercial Real Estate in New Jersey – Page 9 | Reonomy
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    Commercial Real Estate in New Jersey – Page 9

    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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