Commercial Property Loans - NJ Office, Retail & Multifamily Financing

Local Lending Expertise for New Jersey Commercial Real Estate

Whether you're expanding your business or investing in income-producing property, Elias Mortgage helps you access the funding you need. Our commercial mortgage loans in New Jersey cover a wide range of properties-from retail centers and office space to mixed-use buildings and multifamily apartments. We broker solutions across banks, credit unions, and private lenders to secure competitive terms tailored to your project.

Flexible Financing for a Variety of Properties

Commercial real estate loans apply to properties that aren't 1-4 unit residential homes. This includes:

  • Office buildings & professional suites
  • Retail storefronts & strip malls
  • Mixed-use properties (residential + commercial)
  • Warehouses & light industrial buildings
  • Apartment buildings with 5+ units

Whether you're an investor purchasing a multifamily asset in Middlesex County or a business owner buying your own office space in Monmouth County, we help structure your commercial loan to fit the purpose-owner-occupied or pure investment.

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Loan Options Built Around Your Goals

We broker a range of commercial real estate loan programs in NJ, including:

  • Traditional Commercial Mortgages

    Often 20-30% down, with fixed rates for 5-10 years and amortization over 20-25 years. Some include balloon payments.

  • SBA 504 Loans

    For owner-users (like a doctor buying their practice space), with as little as 10% down using a combination of lender funds and SBA/CDC backing.

  • Commercial Bridge Loans

    Short-term financing used to acquire, renovate, or reposition a property before refinancing to long-term terms.

We'll help you navigate the full landscape of options to find the structure that matches your business plan and budget.

What Lenders Look For

Commercial property loans are evaluated differently from residential loans. Here's what matters:

  • Property Performance

    Lenders use the Debt Service Coverage Ratio (DSCR) to determine eligibility-your property's net income must exceed the loan's monthly cost (usually 1.20x or higher).

  • Borrower Experience

    First-time investors may face more scrutiny. Track record and business plan matter.

  • Personal Guarantees

    Many commercial lenders will require one, even if financing to an LLC.

  • Credit & Liquidity

    Strong credit and adequate reserves still play a key role, especially for non-bank and private lender options.

We'll work with your team to present a full financial picture, including rent rolls, expenses, and NOI, and support you throughout underwriting.

Hand holding buildings and coins.

Rooted in the New Jersey Market

From small storefronts in downtown Cranford to apartment buildings near Rutgers University, we understand local submarkets, commercial zoning, and the nuances of New Jersey property ownership. As a firm with both lending and legal experience, we can even coordinate with your attorney on title, LLC setup, and lease analysis to ensure everything is aligned for closing.

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Common Questions About NJ Commercial Mortgages

  • How much do I need for a down payment?

    For investment purchases, plan on 25-30% down. For owner-occupied spaces, SBA 504 options may allow as little as 10% down with government backing.

  • Are commercial loan interest rates higher than residential?

    Generally, yes. You may see shorter fixed-rate terms (5-10 years) and then adjustable rates or balloon payments. However, some multifamily programs offer longer terms-we'll advise what's available.

  • Can I get a 30-year fixed loan for a commercial property?

    Not typically through traditional banks. However, some agency or specialty lenders offer 25-30 year fixed options for certain multifamily properties. We'll help you explore those paths.

  • Do I need an LLC to buy commercial property?

    Not always. You can buy in your personal name, but many borrowers choose an LLC for liability reasons. We can work with your attorney to determine what's best and secure financing accordingly.

Let's Finance Your Next Commercial Move

Whether you're acquiring, refinancing, or repositioning a commercial property, Elias Mortgage delivers tailored solutions and trusted guidance. We help you move fast, negotiate smart, and borrow with confidence.