NJ’s American Dream Mall Sees Value Drop by $800 Million in 2025

NJ’s American Dream Mall Sees Value Drop by $800 Million in 2025

The value of the American Dream mega mall and entertainment complex in New Jersey’s Meadowlands plummeted by $800 million — a blow to municipal bondholders whose debt is backed by payments in lieu of property taxes.

New Jersey’s American Dream Mall Sees Value Plummet by $800M

It’s been a bumpy ride for New Jersey’s American Dream mall since it opened in 2019, and not because of its five roller coasters — and it keeps getting bumpier. Triple Five Group’s 3.5 million-square-foot American Dream megamall in East Rutherford, N.J., has seen its value drop by $800 million, according to a revised tax bill posted Tuesday by the Municipal Securities Rulemaking Board. The massive entertainment complex, which features an amuseme…

American Dream Mall Valuation Slashed By $800M

The American Dream megamall across the Hudson River from New York City is worth just half of what it cost to build, according to a new property assessment.