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    Hotel and Hospitality Property
    Updated: Jun 30
    Hotel and Hospitality Property

    37 Progress Street B2, Edison, NJ 08820

    $1,500,000
    5,815 sqft
    Commercial building area totals 5,815 SF
    Single‑story property built in 1984
    0.1335‑acre lot with parking for up to 80 vehicles
    On‑site and on‑street paved parking, plus a parking lot
    Public water supply
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    This listing looks promising.

    Here's a quick look at some key insights for

    37 Progress Street B2, Edison, NJ, NJ 08820

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    • Est. Cap Rate

      2.9%
      NOI ÷ price

    • Est. NOI

      $44K
      Annual

    • Price @ 7% Cap

      $625K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Edison, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Non-Union Hotel Investment
    Non-Union Hotel Investment

    130 DUANE ST, New York, NY 10013

    Contact for pricing
    17,452 sqft

    For sale as a fully leased, non-union hotel property at 130 Duane St.

    View details
    One-Story Retail with Mixed-Use Plans
    One-Story Retail with Mixed-Use Plans

    1275 Broadway, Brooklyn, NY 11221

    Contact for pricing
    0.26 AC lot

    Vacant one-story retail building with approved plans for a 14-story hotel and residential development.

    View details
    Five-Story La Quinta Hotel
    Five-Story La Quinta Hotel

    Brooklyn, NY 11201

    Contact for pricing

    Brand-new five-story hotel with 52 furnished rooms under a 20-year La Quinta franchise agreement.

    View details
    Nomad Development Opportunity on Sixth
    Nomad Development Opportunity on Sixth

    821 6th Ave, New York, NY 10001

    Contact for pricing
    7,832 sqft 0.04 AC lot

    Prime Nomad location with redevelopment and expansion potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Development Land
    Commercial Development Land

    812-822 US Highway 206, Hillsborough, NJ 08844

    $2,995,000
    7.88 AC lot

    Three-lot commercial development site with 631 feet of frontage on US Highway 206 in Hillsborough’s HS zone.

    View details

    Edison, NJ Hotels Market Trends and Statistics

    Explore 1 hotels for sale in Edison, NJ on our real estate platform. These investment opportunities span a total of 5,815 square feet of properties for sale, with an estimated market value of $1,500,000.

    Sale prices for resorts in Edison, NJ average $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Hotels 1

    Demographics Overview

    Population 107K
    Population Growth (5Y) +8.1%
    Median Household Income $130,965
    College Educated 41.8%

    High-Yield Neighborhoods for Investment

    Identify Edison submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    08820 $1.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Middlesex County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Middlesex County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Edison fall within the 100,000+ square foot range.

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    Popular Searches in Edison, NJ

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    Most Searched ZIP Codes in Edison, NJ

    • 08820

    Featured Edison Real Estate Agencies

    Realmo connects you with licensed Edison CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    On Track Realty
    186 Lincoln Highway Edison, NJ 08820
    Phone: 17324942211
    www.ontrackrealty.com
    Realty World America Agency, Inc.
    1604, Route 27 Edison, NJ 08817
    Phone: 17329857894
    [email protected]
    Fox & Foxx Realty LLC
    940 Amboy Avenue Edison, NJ 08837
    Phone: 17327387501

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