This Hospitality Property is no longer advertised on LoopNet.com.

2 Meadowlands Plz
East Rutherford, NJ 07073
World of Blue · Hospitality Property For Sale · 427 Rooms

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
Property Subtype Hotel
Building Class B
Lot Size 13.70 AC
Building Size 404,333 SF
No. Rooms 427
No. Stories 21
Year Built/Renovated 1986/2026
Parking Ratio 2.66/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • Room Service
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Convention Hotel
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 20 $634.00 -
Guest Room 407 $364.00 -

Property Taxes

Property Taxes

Parcel Number
12-00108-03-00001-02
Land Assessment
$23,058,000
Improvements Assessment
$14,369,000
Total Assessment
$37,427,000
  • Listing ID: 21017143

  • Date on Market: 9/21/2020

  • Last Updated:

  • Address: 2 Meadowlands Plz, East Rutherford, NJ 07073

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