The Hilton Short Hills at 41 John F. Kennedy Parkway in Short Hills — Courtesy: JLL
By Joshua Burd
The 314-key Hilton Short Hills, a well-known property and business destination in one of the state’s top suburban locations for office space, is on the market for sale.
Brokers with JLL have listed the hotel on behalf of the would-be seller, touting an opportunity to “reaffirm the property as the premium offering” through a guestroom refresh and other steps to unlock new revenue streams. That includes reopening and securing a new operator for a nearly 9,000-square-foot spa that closed during the COVID-19 pandemic, while tapping into the strong business community in and around the Short Hills section of Millburn and upcoming events such as the 2026 FIFA World Cup matches at MetLife Stadium.
JLL’s Phil White, Ketan Patel, Vasilis Halakos, Daniel Peek, Jane Sidon and Jose Cruz lead the team marketing the property at 41 John F. Kennedy Parkway, which is attached to a seven-story office building under a condo structure.
“This offering presents a rare opportunity to acquire an institutionally owned, core Hilton-branded asset at pricing significantly below replacement with significant upside potential in a high-barriers-to-entry market less than 30 minutes from New York City,” JLL wrote in its marketing materials. “The Hilton Short Hills offers substantial value-add potential through operational enhancements, as it is available unencumbered by Hilton management as a franchise conversion, allowing investors to implement strategic cost controls and aggressive yield management strategies.”
The firm noted that the hotel, which opened in 1988, has 21,158 square feet of meeting space, several restaurants and amenities such as a fitness center, a business center, an executive lounge and tennis courts, among others. Guests are also minutes from mass transit and highways such as Interstate 78, Route 24 and the Garden State Parkway.
Just across the street is The Mall at Short Hills, while several high-end office buildings with blue-chip tenants and corporate headquarters surround the property.
“This combination of factors creates a robust business ecosystem, attracting a skilled workforce and fostering opportunities for professional services, finance and technology sectors,” JLL wrote in the offering memorandum. “The town’s prestige and economic stability make it an attractive location for businesses seeking a strategic foothold in the New York metropolitan area.”