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.
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690 Bloomfield Ave, Montclair, NJ 07042
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9601 3rd Ave, Stone Harbor, NJ 08247
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70 Challenger Rd, Ridgefield Park, NJ 07660
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3737 Us Highway 46, Parsippany, NJ 07054
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743 Passaic Ave, Clifton, NJ 07012
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41 Broadway, Fair Lawn, NJ 07410
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555 Old Bridge Tpke, East Brunswick, NJ 08816
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4 Tower Center Blvd, East Brunswick, NJ 08816
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1925 Route 57, Hackettstown, NJ 07840
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4115 Church Rd, Mount Laurel, NJ 08054
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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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