CMBS properties in New Jersey
129 property records in 44 deals. Largest cities: Jersey City (12), Edison (6), Burlington (5), Piscataway Township (4), Trenton (4).
129Property records
$7.46BAppraised value (checked records)
44Deals
Median implied cap rate by property type
| Type | n | Median cap rate |
|---|---|---|
| Industrial | 24 | 5.6% |
| Office | 21 | 6.7% |
| Retail | 20 | 6.3% |
| Self Storage | 16 | 5.7% |
| Hotel | 15 | 8.1% |
| Multifamily | 7 | 5.4% |
Largest properties by appraised value
| Property | Type | City | Appraised | Occ. | Deal |
|---|---|---|---|---|---|
| Journal Squared Tower 2 | Multifamily | Jersey City | $483.1M | 98.4% | BANK 2022-BNK41 |
| Newport Centre | Retail | Jersey City | $436.8M | 92.5% | BANK 2024-BNK48 |
| Harborside 2-3 | Office | Jersey City | $396.0M | 75.1% | BMO 2023-C5 |
| Harborside 2-3 | Office | Jersey City | $396.0M | 75.1% | BMO 2023-5C1 |
| Bell Works | Office | Holmdel | $335.2M | 90.5% | BBCMS 2022-C16 |
| 70 Hudson Street | Office | Jersey City | $300.0M | 94.1% | BBCMS 2022-C16 |
| 70 Hudson Street | Office | Jersey City | $296.0M | 94.1% | BBCMS 2022-C18 |
| 70 Hudson Street | Office | Jersey City | $296.0M | 94.1% | BMO 2023-C4 |
| The Shops at Riverside | Retail | Hackensack | $255.0M | 90.4% | JPMCC 2013-C10 |
| Headquarters Plaza | Mixed Use | Morristown | $239.0M | 91.8% | CD 2017-CD6 |
| 90 Hudson | Office | Jersey City | $216.0M | 97.5% | BMARK 2018-B1 |
| Princeton Pike Corporate Center | Office | Lawrence Township | $199.0M | 87.5% | MSC 2016-UBS9 |
| Deptford Mall | Retail | Woodbury | $187.1M | 94.5% | BMO 2026-5C15 |
| 80 Park Plaza | Office | Newark | $177.4M | 85.8% | CD 2016-CD2 |
| The Showboat Hotel | Hotel | Atlantic City | $140.0M | 53.1% | BBCMS 2022-C18 |
| 175 Park Avenue | Office | Madison | $135.0M | 100.0% | CD 2018-CD7 |
| 309 Dulty's Lane | Industrial | Burlington | $107.9M | 100.0% | MSC 2022-L8 |
| 309 Dulty’s Lane | Industrial | Burlington | $107.9M | 100.0% | WFCM 2022-C62 |
| 309 Dulty's Lane | Industrial | Burlington | $107.9M | 100.0% | BANK 2022-BNK41 |
| 309 Dulty's Lane | Industrial | Burlington | $107.9M | 100.0% | BBCMS 2022-C16 |
| 584 US Highway 130 | Industrial | Trenton | $90.0M | 100.0% | BANK5 2026-5YR22 |
| 584 US Highway 130 | Industrial | Trenton | $90.0M | 100.0% | BMO 2026-5C15 |
| Centre Market Building | Office | Newark | $89.0M | 88.1% | JPMCC 2017-JP5 |
| New Jersey Logistics | Industrial | Howell | $80.3M | 100.0% | BBCMS 2024-5C29 |
| 50 Dey Street | Industrial | Jersey City | $75.5M | 100.0% | BBCMS 2022-C18 |
| Tice’s Corner Marketplace | Retail | Woodcliff Lake | $73.6M | 100.0% | JPMCC 2013-C10 |
| 200 Helen Street | Industrial | South Plainfield | $72.0M | 98.4% | BACM 2015-UBS7 |
| MO1 | Industrial | Mount Olive | $70.1M | 100.0% | BBCMS 2026-5C43 |
| Hamilton Commons | Retail | Mays Landing | $65.6M | 85.0% | BBCMS 2022-C16 |
| Briarcliff Commons | Retail | Morris Plains | $61.8M | 96.9% | BANK 2024-BNK48 |
| 1515 Broad Street | Office | Bloomfield | $61.1M | 100.0% | MSC 2018-L1 |
| 110 Allen Road | Office | Basking Ridge | $56.5M | 100.0% | MSC 2021-L7 |
| MO3 | Industrial | Mount Olive | $53.0M | 100.0% | BBCMS 2026-5C43 |
| 725 Darlington Avenue | Industrial | Mahwah | $51.4M | 100.0% | MSC 2022-L8 |
| 725 Darlington Avenue | Industrial | Mahwah | $51.4M | 100.0% | WFCM 2022-C62 |
| 725 Darlington Avenue | Industrial | Mahwah | $51.4M | 100.0% | BANK 2022-BNK41 |
| 725 Darlington Avenue | Industrial | Mahwah | $51.4M | 100.0% | BBCMS 2022-C16 |
| MO2 | Industrial | Mount Olive | $49.7M | 100.0% | BBCMS 2026-5C43 |
| Cherry Hill Business Park | Industrial | Cherry Hill | $44.1M | 87.4% | MSC 2018-H3 |
| Montreal Beach Resort | Hotel | Cape May | $42.5M | 54.4% | BMO 2023-C5 |
| Summit Orange Crossing | Multifamily | Orange | $40.0M | 94.9% | BBCMS 2026-M1 |
| FedEx Distribution Center | Industrial | Moonachie Borough | $39.3M | 100.0% | BANK 2025-BNK49 |
| Walmart Supercenter Teterboro | Other | Teterboro | $37.5M | CD 2018-CD7 | |
| Paramus | Other | Paramus | $35.2M | BMO 2026-5C14 | |
| Biotrial Medical Center | Office | Newark | $34.5M | 100.0% | BBCMS 2022-C16 |
| Pine Haven RV Park | Manufactured Housing | Ocean View | $33.4M | 92.7% | COMM 2014-UBS3 |
| 106 Allen Road | Office | Basking Ridge | $30.5M | 73.0% | MSC 2021-L7 |
| GRM South Brunswick | Industrial | South Brunswick | $29.4M | 100.0% | COMM 2014-CCRE15 |
| 121 Chanlon Road | Office | New Providence | $26.0M | 100.0% | MSC 2021-L7 |
| 100 Challenger | Office | Ridgefield Park | $24.7M | 81.7% | BANK5 2026-5YR22 |
| 180-186 Cedar Street | Multifamily | Paterson | $24.6M | 100.0% | BMO 2023-C4 |
| Hilton Garden Inn Mt Laurel | Hotel | Mount Laurel | $23.6M | 75.2% | MSC 2018-L1 |
| 140 Centennial Avenue | Industrial | Piscataway Township | $23.6M | 100.0% | MSC 2018-L1 |
| Prime Storage Roselle | Self Storage | Roselle | $23.6M | 94.3% | BANK5 2026-5YR22 |
| Courtyard by Marriott - Wall at Monmouth Shores | Hotel | Wall Township | $23.5M | 78.7% | JPMDB 2017-C7 |
| Courtyard by Marriott - Wall at Monmouth Shores | Hotel | Wall Township | $23.5M | 78.7% | BMARK 2018-B1 |
| 345 Tenth Street | Self Storage | Jersey City | $23.2M | 94.9% | BANK 2024-BNK48 |
| US StorageMart Portfolio - 250 Flanagan Way | Self Storage | Secaucus | $22.9M | 92.2% | MSBAM 2015-C23 |
| US StorageMart Portfolio - 6700 River Road | Self Storage | West New York | $22.9M | 86.8% | MSBAM 2015-C23 |
| Mini U Storage - Brick | Self Storage | Brick | $22.7M | 91.6% | BBCMS 2022-C18 |
Deals with the most New Jersey properties
| Deal | Filed | Records here |
|---|---|---|
| MSC 2018-L1 | 2018-10-23 | 9 |
| MSC 2022-L8 | 2022-04-07 | 8 |
| BANK 2022-BNK41 | 2022-05-05 | 8 |
| BBCMS 2022-C16 | 2022-06-28 | 6 |
| BANK5 2026-5YR20 | 2026-02-09 | 6 |
| JPMDB 2017-C7 | 2017-10-31 | 5 |
| BMARK 2018-B1 | 2018-01-31 | 5 |
| BMO 2024-5C6 | 2024-09-12 | 5 |
| BMO 2026-5C15 | 2026-06-16 | 5 |
| MSC 2012-C4 | 2012-03-26 | 4 |
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.