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Upscale Office Building in Cedar Knolls
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240 Cedar Knolls Rd, Cedar Knolls, NJ 07927

Premier office property with modern amenities and convenient highway access.

Space Size2,600 SF - 3,180 SF
Property Size118,605 SF
Days on Market794

Property Features for 240 Cedar Knolls Rd

General Information

Standard status Active
Size 2,600 SF - 3,180 SF
Class A
Total Parking Spaces 446
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 118,605 SF
Year Built 1980
Tenancy Multiple

Spaces For Lease

at 240 Cedar Knolls Rd Contact us

3rd Fl, Suite 309

Size
2,600 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us

3rd Fl Suite 308

Size
3,180 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Newmark Associates
Listed By: Helene Elbaum · License #NJ 0680414
Source: Crexi
Added: Jun 30, 2024 Changed: Aug 21 Last Checked: Aug 29 at 12:33AM

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

Investment Insights

Based on property information with market context.

This upscale office building in Cedar Knolls offers modern amenities and convenient access to major highways. The four-story building, constructed in 1980, features 118,605 square feet with a typical floor size of 29,651 square feet. It includes extensive upgrades and amenities such as a complimentary on-site fitness facility, conference room, and cafe. Tenants benefit from 24/7 controlled access, a marble entryway, and upscale finishes. Additional amenities include a conferencing facility, food service, on-site property management, and a security system. The property provides ample parking with 446 surface spaces.

Key Highlights

  • Convenient access to all major highways
  • Complimentary on‑site fitness facility, conference room, and cafe
  • 24/7 controlled access and security system

Property Analytics

Current Use

U.S. Bank-Joe Verdicchio-Mortgage ... Loan Service MacNeill, O'Neill & Riveles Law Firm Schnabel Engineering General Contractor Avalon Risk Construction Company JAG Physical Therapy Physician

Suggested Use

Top Pick Restaurant Real Estate Agency Auto Repair Shop Hair Salon Spa & Massage Center Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

555
Businesses Nearby

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

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Premier office property with modern amenities and convenient highway access.
Where is this office building located?
The property is located at 240 Cedar Knolls Rd Cedar Knolls, NJ.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Convenient access to all major highways; Complimentary on‑site fitness facility, conference room, and cafe; 24/7 controlled access and security system
More about this property
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