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Property profile & analytics
OFF-MARKET
Office Spaces
222 Ridgedale Ave Cedar Knolls, NJ 07927-2110
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US59-0477661
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1985
Total area
825 SF
Lot
0.09 ac (3,877 SF)
Zoning code
I
APN
12 01702-0000-00010-0000-C0002
UPID
US59-0477661
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
-
Law Offices of Marc J. Brenner Law Firm
-
David Alan Ast, PC Law Firm
-
Ast & Schmidt, PC Law Firm Financial Advisor
-
United Way of Northern New Jersey Charitable Organization Social Service Agency
-
Clemente Mueller P.A. Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Erica Metz Realty LLC · 1 yrs held
Erica Metz Realty LLC
since 2025
5 recorded transactions
Zoning & alternative use
I · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,643
Tax year 2022
Assessed value
$130,000
Assessed 2023
Previous assessed
$130,000
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$41,300
Assessed improvement
$88,700
Land market value
$41,300
Improvement market value
$88,700
Total market value
$130,000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1985
Heating
NONE
Total area
825 SF
Lot
0.09 ac (3,877 SF)
Zoning code
I
APN
12 01702-0000-00010-0000-C0002
UPID
US59-0477661
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
I · Cedar Knolls, NJ
Zoning I · permitted uses
I · Cedar Knolls, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cedar Knolls. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Lot
0.09 ac
Current owner
From public records · entity-resolved
Erica Metz Realty LLC
Entity
Free & Clear · 1 yrs held
Mailing address
3 MENDHAM RD, FAR HILLS, NJ 07931-2212
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2025
—
Erica Metz Realty LLC
Nancy Metz Realty LLC
Deed
—
May 11, 2022
$845,000
Court Appointed Special Advocates O
United Way Of Northern New Jersey I
Deed
—
May 5, 2022
$350,000
Robert L Schmidt
David A Ast
Deed
—
Oct 6, 2021
$299,999
Nancy Metz Realty LLC
Kai Property One LLC
Deed
—
Aug 1, 2017
$210,000
Kai Property One LLC
United Way Of Northern New Jer
Grant Deed
—
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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