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Property profile & analytics
OFF-MARKET
Estimated value
$3,625,000
Commercial real estate
210 Malapardis Rd Cedar Knolls, NJ 07927-1121
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US59-3126248
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1966
Construction
CONCRETE
Total area
31,000 SF
Lot
4.86 ac (211,702 SF)
Zoning code
IP
APN
12 01101-0000-00004- 01
UPID
US59-3126248
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
-
Telaurus Communications (Bike/Boat/Book/etc) Store Corporate Office
-
Nanda Muthusawmy, MD Physician
-
Dr. Merritt S. Hubsher, MD Physician
-
Joshua Shifrin, PhD, ABSNP, NCSP Physician Medical Clinic
-
HSR Investments Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.50M
Comparable Approach
Comparable
$4.70M
Blend (final)
Blend
$3.63M
Owner & transaction history
210 Malapardis Road LLC · 20 yrs held
210 Malapardis Road LLC
since 2005
3 recorded transactions
Zoning & alternative use
IP · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,795,000
6.5%
$3,500,000
7%
$3,250,000
Blend value · Realmo final
$3.63M
Range $3.26M – $3.99M · ±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
$117 / SF
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
$70,023
Tax year 2022
Assessed value
$3,144,000
Assessed 2023
Previous assessed
$3,444,300
-8.7% YoY
Effective rate
2.23%
On assessed value
Assessed land
$1,290,000
Assessed improvement
$1,854,000
Land market value
$1,290,000
Improvement market value
$1,854,000
Total market value
$3,144,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1966
Construction
CONCRETE
Heating
NONE
Stories
2
Total area
31,000 SF
Lot
4.86 ac (211,702 SF)
Zoning code
IP
APN
12 01101-0000-00004- 01
UPID
US59-3126248
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
IP · Cedar Knolls, NJZoning IP · permitted uses
IP · 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
Year built
1966
Construction
CONCRETE
Heating
NONE
Stories
2
Lot
4.86 ac
Current owner
From public records · entity-resolved
210 Malapardis Road LLC
Entity
Mailing address
8 WOODHOLLOW RD, PARSIPPANY, NJ 07054-2828
Ownership since
2005
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
Oct 28, 2022
—
210 Malapardis Road LLC
—
Deed
related
$2,000,000 · Peapack Gladstone Bank
Oct 19, 2005
$2,300,000
210 Malapardis Road LLC
Verizon New Jersey INC
Deed Of Trust
$2,600,000 · Atlantic Stewardship Bank
—
—
210 Malapardis Road LLC
—
Deed Of Trust
related
$3,300,000 · Peapack Gladstone Bank
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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