Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

2 Saddle Rd Cedar Knolls, NJ 07927

FOR LEASE
Office buildings
Property ID
US59-1881749
14,765 SF 2.09 ac lot Built 1965
Last sale Mar 2018 · $2,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
2 Saddle Rd, Cedar Knolls, NJ 07927 For Lease
$23.50 SF/Yr 5,967 SF available
2 Saddle Rd, Cedar Knolls, NJ 07927
View Listing

Property summary

AI-generated overview

The property consists of a commercial office building configured with multiple office suites, including approximately 6,200 square feet for Suite 100 and approximately 2,223 square feet for Suite 201, while Suite 204 is leased. The building is located at the corner of Saddle Road and Horsehill Road, providing access to Routes 10, 24, and I-287, and is located less than 3 miles from Morristown Medical Center. Utilities are separately metered for gas and electric.

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 · 2022

What does the county charge?
$38k
Tax billed · 2022
Assessed value · 2023$1.88M
Assessed land$596k
Assessed improvement$1.28M
Effective rate2.03%

Value estimate

· Nov 2026
$2.94M
$2.64M – $3.23M
CAP approach$3.71M
Submarket $/SF estimate$2.78M
NOI build-up
Gross scheduled income$179k
Vacancy & credit loss−$57k
Operating expenses−$30k
NOI · 388,489.36% cap applied$91k

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?
388,489.36%
$91k 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?
I
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant17.8
Storage Facility14.0
Parking Facility13.3

Location

2 Saddle Rd Cedar Knolls, NJ 07927
County assessor Recorded deeds · 4 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 · 9 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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