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    2 Ridgedale Ave Cedar Knolls, NJ 07927

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    2 Ridgedale Ave Cedar Knolls, NJ 07927


    • Office buildings
    • 5.41 lot acres
    Office Units Available For Rent For Lease
    $580,000

    Office Units Available For Rent

    Two office units for rent in Morris County, New Jersey.

    Cedar Knolls, NJ 7927
    View Listing
    Property ID
    US59-1205748
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $580,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Avenues in Motion / Charitable Organization / Social Service Agency
    • Fran J Garb Law Office / Law Firm / Insurance Agency
    • Health Mark Alliance / Public Health Department
    • PNC Bank ATM / Atm
    • Niraj Chhabra - Private Wealth Advisor, Ameriprise Financial Services, LLC / Financial Advisor

    Property Details for 2 Ridgedale Ave

    Year built
    1972
    Construction
    CONCRETE BLOCKS
    Lot size
    5.41 lot acres
    Zone code
    IP
    Property type
    Office buildings
    APN
    12 01101-0000-00002
    APU
    1201101000000002

    Description

    This exceptional three-story office building, located at 2 Ridgedale Ave, Hanover, NJ 07927, presents a below-market opportunity for discerning tenants. Boasting 70,000 square feet of Class B office space, this well-maintained property offers a blend of traditional and executive office suites, perfect for a variety of business needs. The building features ample parking with 400 spaces, ensuring convenient access for employees and clients. Two high-speed elevators efficiently service all three floors. Situated near Route 10 and with a cross street of Route 10, this location provides excellent accessibility and visibility. Built in 1975, the building benefits from ongoing maintenance and a motivated ownership. Two units are currently available for lease, offering flexible lease terms to accommodate individual business requirements. The asking rental rate is a competitive $17 per square foot, plus tenant-paid electricity. A significant advantage is the inclusion of cleaning services within the rental rate. This presents a truly compelling opportunity in Morris County's most valuable office space. Don't miss this chance to secure a prime location at an exceptional price point.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $580,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cedar Knolls
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4468
    Latitude
    40.8353
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $182,970
    $1,427,800
    $7,572,200
    $9,000,000
    -
    $1,427,800
    $7,572,200
    $9,000,000
    View Listing
    More about this property
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