Multifamily Rental
For Lease
$2,550/Mo
104 Ridgedale Ave, Cedar Knolls, NJ 07927
A multifamily rental in Hanover Township with lifestyle built around vehicle access rather than walking.
Space SizeContact for details
Days on Market102
Property Features for 104 Ridgedale Ave
General Information
Standard status
Active
Property subtype
Multi Family
Lease Term
1 to 2 years
Listed By:
JENNIFER PICKETT
(973) 417-8150
Source:
Elliman
Added: Jun 3
Changed: Sep 10
Last Checked: Sep 12 at 8:29AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JENNIFER PICKETT
Investment Insights
Based on property information with market context.
This is a multifamily rental property offered for lease, categorized as a residential income asset. While specific unit layouts and on-site amenities are not provided in the available materials, the property is positioned to support multiple household occupancy under one ownership structure.
Located in Hanover Township, New Jersey, the surrounding mobility profile is reflected in the reported Walk Score of 13 and Bike Score of 29. Taken together, these scores indicate a car-dependent environment, which can be important for tenants who prefer or require easier vehicle-based commuting rather than relying on walking or biking for everyday errands.
For prospective tenants, this type of property can appeal if you’re seeking a rental within a multi-unit building while operating primarily by car. For leasing agents and buyers, the asset aligns with residential income ownership and can be considered for portfolios focused on multifamily tenancy, subject to verification of current unit count, availability, and lease terms during due diligence.
Located in Hanover Township, New Jersey, the surrounding mobility profile is reflected in the reported Walk Score of 13 and Bike Score of 29. Taken together, these scores indicate a car-dependent environment, which can be important for tenants who prefer or require easier vehicle-based commuting rather than relying on walking or biking for everyday errands.
For prospective tenants, this type of property can appeal if you’re seeking a rental within a multi-unit building while operating primarily by car. For leasing agents and buyers, the asset aligns with residential income ownership and can be considered for portfolios focused on multifamily tenancy, subject to verification of current unit count, availability, and lease terms during due diligence.
Key Highlights
- Hanover Township multifamily rental
- BikeScore: 29 (Somewhat Bikeable)
- WalkScore: 13 (Car‑Dependent)
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
Explore this area
Business Placement
Demographics for 07927, NJ
4,120
Population
1,825
Households
2.3
Avg Household Size
44
Median Age
56%
College-Educated
91%
High-School Grad
2.1 sq mi
ZIP Area
1,962
Density / Sq Mi
$166,077
Median Household Income
$80,944
Median Earnings
$2,802
Median Rent
$610,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - A multifamily rental in Hanover Township with lifestyle built around vehicle access rather than walking.
Where is this multifamily property located?
The property is located at 104 Ridgedale Ave Cedar Knolls, NJ.
What is the lease rate?
The lease rate is $2,550/Mo.
What are key features of this property?
This property features: Hanover Township multifamily rental; BikeScore: 29 (Somewhat Bikeable); WalkScore: 13 (Car‑Dependent)
