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138 Pehle Ave
Saddle Brook, NJ 07663

Marriott Saddle Brook · Hospitality Property For Sale · 154,700 SF

Investment Highlights

  • The Marriott Saddle Brook is a 241-room hotel in Saddle Brook.
  • Given the opportunity for targeted rooms renovation and the lack of new supply in the market, there is notable RevPAR and NOI upside.
  • The MetLife Stadium is less than 15 minutes from the property, home to the New York Jets and the New York Giants football teams.
  • Part of the greater Saddle Brook Township, where two significant arteries, Garden State Parkway and I-80, cross.
  • Offered fee simple, free and clear of any ground lease obligations, and unencumbered of management and debt.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 5.39 AC
Building Size 154,700 SF
No. Stories 12
Year Built/Renovated 1966/2024
Parking Ratio 1.94/1,000 SF
Corridor Interior

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Wedding Venue
  • Public Access Wifi
  • Smoke-Free

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
57-01003-0000-00001
Land Assessment
$8,435,000
Improvements Assessment
$9,405,000
Total Assessment
$17,840,000

zoning

Zoning Code CH1
CH1
  • Listing ID: 26894117

  • Date on Market: 10/19/2022

  • Last Updated:

  • Address: 138 Pehle Ave, Saddle Brook, NJ 07663

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