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Property profile

14 Ridgedale Ave Cedar Knolls, NJ 07927

FOR LEASE
Office buildings
Property ID
US59-0217109
50,400 SF 4.38 ac lot Built 1975
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional two-story office building, constructed in 1975, offers 50,400 square feet of space, with a currently available 1,025-square-foot suite ideal for executive or medical office use. The building features a passenger elevator, providing convenient access to both floors. Each floor encompasses approximately 25,200 square feet, with generous 12-foot unfinished ceiling heights. Ample surface parking is available with 300 spaces. The property is zoned IP and enjoys a highly…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$119k
Tax billed · 2023
Assessed value · 2024$5.62M
Assessed land$1.17M
Assessed improvement$4.45M
Effective rate2.11%

Value estimate

· Oct 2026
$7.37M
$6.63M – $8.11M
Submarket $/SF estimate$8.55M
NOI build-up
Gross scheduled income$78k
Vacancy & credit loss−$25k
Operating expenses−$13k
NOI · 221,000.00% cap applied$40k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$209/SF
County average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$170 – $267

Cap rate analysis

How does the asset earn?
221,000.00%
$40k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IP
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office13.9
Hair Salon13.5
Spa & Massage11.3

Location

14 Ridgedale Ave Cedar Knolls, NJ 07927
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 11 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
7 Ridgedale, Cedar Knolls, NJ 07927-1120 $400,000 Mar 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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