Crowne Plaza – 50 Kenny Place Saddle Brook, NJ 07663

October 3, 2024 by

In Conjunction With Mark H. von Dwingelo NJ License 2192202

Please contact Mumford Company for Pricing Guidelines

Subject to Land Lease

DEAL FEATURES

Excellent location in the New York MSA near the junction of Interstate 80 and the Garden State Parkway
High income producing property offered at a discount to replacement cost
Operate food & beverage as hotel department; potential to generate up to $1 million
Subject to Leasehold Agreement
A short drive to Met-Life Stadium and American Dream Meadowlands

BUILDING OVERVIEW

12 Stories, Interior Corridor
Concrete Construction
Stucco Façade
Flat Built-Up Roof
Asphalt Parking Lot—±175 Spaces

PROPERTY HIGHLIGHTS

148 Guest Rooms
Built in 1971
Wireless Internet
Sky Restaurant & Lounge
Meeting Space (±6,700 Square Feet)
Business Center
Fitness Center
Seasonal Outdoor Pool

Highly Impressed By His Knowledge And Integrity

I have worked with David Mumford and Mumford Company on several transactions over the last 13 years, and I’ve been highly impressed by his immense knowledge of the hospitality industry, specific brands and his integrity. I thank David and his group for their vast knowledge in this industry and look forward to working with them again!

Jay Patel

A Pleasure Working With You

"Dear Mr. Kirby ... Armen and I would like to thank you, Burton Brooks and your company for helping to sell our property. We would like to especially thank Mr. Brooks for his hard work and due diligence. We can honestly say that it was a pleasure working with both of you. ... Both you and Mr. Brooks made this an extremely positive experience. We will always highly recommend The Mumford Company and hope to continue to do future business with you. God Bless, Always."

Armen and Priti Grigorian

Beyond Normal Broker Expectations

Ed, You went beyond normal 'Broker" expectations and responsibilities with all your Best Western communications and planning for the transfer of the membership as well as working with the purchaser though the whole process. I have never seen a Broker do so many well done tasks to get a hotel sold. You are the man,

Harvey Moore

I truly appreciate it

"Thanks very much for your cooperation in this transaction. It was a pleasure working with you all. I truly appreciate it. It was also pleasure working with seller for their their understanding and full cooperation."

Pravin K. Patel

A “win / win” for every deal

I have worked with David and Mumford & Co - Hotel Brokers since 1991. I have used them numerous times as both a seller and a purchaser. David’s deep knowledge of the market and timeliness in working the "deal" is without question the best I have experienced in the hotel real estate brokerage. In these challenging times, I value David’s integrity and creative ideas in getting to a "win / win" for every deal we work on. My highest recommendation!

Michael L. Allen

New Albany Hampton Inn

"Dear Robert ... You recommended the Mumford Company two years ago, and I could not have been more pleased. As you know, the sale of the New Albany Hampton Inn was challenging. Steve Kirby and the rest of his team were very professional, gave me consistently good advice, was clearly on our side through the whole ordeal, I always felt very well represented by them and were a joy to work with from beginning to end."

Kevin S. McKenney