First Floor Office
222 Ridgedale Ave Cedar Knolls, NJ
222 Ridgedale Ave, Cedar Knolls, NJ, 00000
Contact for pricing
For Sale
Contact for pricing
1000 SF office condo with included utilities.
Property Size1,000 SF
Lot Size0.60 Acres
Price / SF$200
Days on Market313
Property Features for 222 Ridgedale Ave
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Lot size
- 0.60 Acres
- Property subtype
- OFFICE
Properties For Sale
at 222 Ridgedale Ave Contact us
Listing Agency
Newmark & Associates, Inc.
(973) 722-2979
Listed by
Marjorie Dorne Murphy
(973) 722-2979
Source
Moodyscre
Added: Sep 9, 2025 Checked: Jul 17 at 5:19 am
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 Newmark & Associates, Inc.
Investment Insights
Based on property information with market context.
This approximately 1000 square foot first-floor office condo includes maintenance fees, electricity, cleaning, and heat in the lease. The layout features a reception and waiting area, a conference room, two windowed offices, a galley kitchen, and a private restroom. The property offers 24/7/365 access.
Key Highlights
- All‑inclusive lease: Maintenance fees, electric, cleaning, and heat are all included.
- 24/7/365 Access
- Two windowed offices offer natural light.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.0k | $30.00 |
| − Vacancy | −$9.6k | −$9.60 |
| EGI | $20.4k | $20.40 |
| − OpEx | −$5.1k | −$5.10 |
| NOI | $15.3k | $15.30 |
1,000 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$218.6K
$191.3K – $255.0K
NOI $15,300 @ 7.0% cap · market cap 7.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.1K
$228.5K – $304.6K
NOI $18,278 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Law Offices of Marc ...
Law Firm
David Alan Ast, ...
Law Firm
Ast & Schmidt, PC
Law Firm
United Way of Northern ...
Charitable Organization
Clemente Mueller P.A.
Law Firm
FAQs
What type of property is this?
Office units - 1000 SF office condo with included utilities.
Where is this office units located?
The property is located at 222 Ridgedale Ave Cedar Knolls, NJ.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: All‑inclusive lease: Maintenance fees, electric, cleaning, and heat are all included.; 24/7/365 Access; Two windowed offices offer natural light.
