2 Meadowlands Plz | East Rutherford, NJ 07073
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2 Meadowlands Plz
East Rutherford, NJ 07073
The Park Hotel at Meadowlands · Hospitality Property For Sale
·
319,876 SF
INVESTMENT HIGHLIGHTS
- Adjacent to Triple Five’s newest experiential, lifestyle development, which is becoming a landmark destination in the Eastern United States.
- Presents prospective buyers with multiple value-add opportunities, including potential conversion to residential use.
- Undergone more than $14.2 million in aggregate capital expenditures since 2014, including a $7.7 million, 240-room renovation in 2019.
- area is home to a large ecosystem of wetlands, including Walden Marsh, causing a limited supply of residential assets proximate to the Hotel.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 21 |
| Property Subtype | Hotel | Year Built/Renovated | 1986/2013 |
| Building Class | B | Parking Ratio | 3.21/1,000 SF |
| Lot Size | 13.70 AC | Corridor | Interior |
| Building Size | 319,876 SF | ||
| Zoning | N/AV,East Rutherford | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 13.70 AC |
| Building Size | 319,876 SF |
| No. Stories | 21 |
| Year Built/Renovated | 1986/2013 |
| Parking Ratio | 3.21/1,000 SF |
| Corridor | Interior |
| Zoning | N/AV,East Rutherford |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Retail
- High Speed Internet Access
- On-Site Bar
- Convention Hotel
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 12-00108-03-00001-02 | Improvements Assessment | $14,369,000 |
| Land Assessment | $23,058,000 | Total Assessment | $37,427,000 |
PROPERTY TAXES
Parcel Number
12-00108-03-00001-02
Land Assessment
$23,058,000
Improvements Assessment
$14,369,000
Total Assessment
$37,427,000
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