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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Office buildings
100 Hanover Ave Cedar Knolls, NJ 07927-2020
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US59-2006474
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
1.62 ac (70,393 SF)
Zoning code
I-B3
APN
12 01801-0000-00005
UPID
US59-2006474
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ann E. Rhatican, RN Physician
-
Lumber Covers Protect! Big Box & Wholesale Store
-
Webber McGill, LLC Law Firm
-
Britcher, Leone & Sergio, LLC Law Firm
-
St Clare Behavioral Health Center Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$530k
Owner & transaction history
100 Hanover Ave LLC · 14 yrs held
100 Hanover Ave LLC
since 2012
3 recorded transactions
Zoning & alternative use
I-B3 · Cedar Knolls, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Cedar Knolls submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cedar Knolls submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$60,990
Tax year 2022
Assessed value
$3,000,000
Assessed 2023
Previous assessed
$3,000,000
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$646,400
Assessed improvement
$2,353,600
Land market value
$646,400
Improvement market value
$2,353,600
Total market value
$3,000,000
Applied tax rate
12.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Lot
1.62 ac (70,393 SF)
Zoning code
I-B3
APN
12 01801-0000-00005
UPID
US59-2006474
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
I-B3 · Cedar Knolls, NJZoning I-B3 · permitted uses
I-B3 · Cedar Knolls, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Lot
1.62 ac
Current owner
From public records · entity-resolved
100 Hanover Ave LLC
Entity
Mailing address
8 WOODHOLLOW RD, PARSIPPANY, NJ 07054-2828
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2016
—
100 Hanover Ave LLC
—
Deed
related
$700,000 · Atlantic Stewardship Bank
Apr 30, 2012
$2,200,000
100 Hanover Ave LLC
100 Hanover Associates LLC
Grant Deed
$2,500,000 · Atlantic Stewardship Bank
—
—
100 Hanover LP
—
Deed Of Trust
related
$1,170,537 · Vnb Capital Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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