Hotel Properties in Somerset | Reonomy
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    Hotel Properties in Somerset

    Unlock property data on 18 hotel properties in Somerset. Search through Somerset property records and access full owner contact information to find off-market properties likely to sell, refinance, or renovate. Find recent buyers and sellers.

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    Popular searches around Somerset

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

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    Somerset hotel property sold prices and values

    Values and sold prices (last 24 months) United States New Jersey Somerset
    Average price/sqft -- -- --
    Average sold price $3,692,851 $4,116,913 $6,875,000
    Median sold price $383,787 $550,000 $6,875,000
    Number of sales 12,999 129 2
    Number of sales over $250k 7,255 82 2
    Number of sales over $1m 4,718 49 --
    Number of sales over $10m 858 16 --
    Average total tax amount $64,403 $122,576 $221,117
    Average assessed value $2,650,838 $4,469,962 $9,766,666
    Average market value $3,585,371 $5,346,594 $9,955,827

    Somerset hotel property property averages

    Property averages United States New Jersey Somerset
    Average lot size 526,827 sf 1,202,541 sf 284,145 sf
    Median lot size 47,920 sf 55,529 sf 185,566 sf
    Average building area -- -- --
    Median building area -- -- --
    Median year built 1984 1970 2006
    Average number of units 65 34 75
    Median number of units 24 -- --

    Somerset hotel property total supply

    Supply United States New Jersey Somerset
    Number of parcels 125,490 1,429 18
    Aggregate lot acerage 1,616,227 35,226 97
    Aggregate building area -- -- --
    Aggregate units 2,897,699 26,985 1,207

    Somerset hotel property industrial mortgages

    Debt United States New Jersey Somerset
    Number of mortgages 274,653 4,624 89
    Average value of mortgages $57,975,919 $54,777,756 $211,152,378

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