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Property profile

222 Ridgedale Ave Cedar Knolls, NJ 07927

FOR LEASE
Other office properties
Property ID
US59-0477661
825 SF 0.09 ac lot Built 1985
Last sale May 2022 · $845,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

An approximately 1,000-square-foot, first-floor office condominium configured with a reception and waiting area, a conference room, two windowed offices, a galley kitchen, and a private restroom. The space is designed for office use and provides 24/7/365 access.

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?
$3k
Tax billed · 2022
Assessed value · 2023$130k
Assessed land$41k
Assessed improvement$89k
Effective rate2.03%

Value estimate

· Oct 2026
$310k
$279k – $341k
NOI build-up
Gross scheduled income$30k
Vacancy & credit loss−$10k
Operating expenses−$5k
NOI · 827.03% cap applied$15k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?
827.03%
$15k 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
Restaurant14.5
Parking Facility13.9
Storage Facility13.4

Location

222 Ridgedale Ave Cedar Knolls, NJ 07927
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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