Hotel property in New Jersey

Search hotel property 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.

Popular searches around New Jersey

Reonomy operates the most comprehensive database for New Jersey Hotel Property 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 Hotel Property.

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New Jersey hotel property sold prices and values

The average assessed value of hotel properties in New Jersey is $6,581,698. Hotel property sale prices in New Jersey have a median of $2,045,000. The last 24 months of sales history has seen 32 sales, with 25 sales greater than $250,000, 17 sales valued at over $1,000,000, and 8 sales valued at over $10,000,000. The average price per square foot of hotel properties in New Jersey over the last 24 months is $117.

Values and sold prices (last 24 months) United States New Jersey
Average price/sqft $7,467 $276
Median price/sqft $113 $117
Average sold price $6,524,869 $7,870,493
Median sold price $1,099,194 $2,045,000
Number of sales 8,661 32
Number of sales over $250k 6,577 25
Number of sales over $1m 4,495 17
Number of sales over $10m 892 8
Average total tax amount $80,293 $137,873
Average assessed value $3,324,124 $6,581,698
Average market value $4,295,638 $7,255,959

New Jersey hotel property property averages

The average lot size of hotel properties in New Jersey is 99,607 sf. This is 71% above the United States average. The average building area is 94 sf and the median year built is 1966.

Property averages United States New Jersey
Average lot size 600,555 sf 320,124 sf
Median lot size 47,272 sf 99,607 sf
Average building area 6,730 sf 262 sf
Median building area 74 sf 94 sf
Median year built 1978 1966
Average number of units 51 4
Median number of units 16 --

New Jersey hotel property total supply

There are 297 hotel properties in New Jersey. This is 198% below the United States average. The total acerage is 1,896 acres and the aggregate building area for hotel properties in New Jersey is 22,014 sf.

Supply United States New Jersey
Number of parcels 92,381 297
Aggregate lot acerage 1,159,686 1,896
Aggregate building area 274,897,203 sf 22,014 sf
Aggregate units 1,366,877 559

New Jersey hotel property industrial mortgages

There are 1,014 mortgages for hotel properties across New Jersey in the Reonomy database. The average value of those mortgages is $40,791,835. This is 13% below the United States average.

Debt United States New Jersey
Number of mortgages 216,476 1,014
Average value of mortgages $46,836,937 $40,791,835

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