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    Property profile & analytics

    3 Wing Dr Hanover, NJ 07927

    • Office buildings
    • 65,400 SF
    • 5.46 lot acres
    For Lease
    View listing
    $17 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US59-0471938
    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.

    Current Use by Public Records

    • Schraft's 2.0 / Fertility Clinic / Pharmacy
    • Netline Corporation / Business Management Consultant
    • Pixel / Pharmaceutical Lab / Pharmacy
    • Panurgy IT Solutions / Computer Networking Service / Computer Security Service
    • Giblin Combs Cunningham & Masone / Legal Services

    Property Details for 3 Wing Dr

    Year built
    1980
    Lot size
    5.46 lot acres
    Property size
    65,400 SF
    Zone code
    IP
    Property type
    Office buildings
    APN
    12 01101-0000-00009
    APU
    1201101000000009

    Description

    This exceptional 5,327 square foot office suite, available September 1st, 2024, is located in a prestigious Cedar Knolls address with convenient access to major highways. The space features a sophisticated double glass door entry, a modern LVT reception area, four private perimeter offices, and two sizable conference rooms. A spacious eat-in kitchen and dedicated IT room add to the functionality. A large open bullpen area is ideal for cubicles, offering flexibility for various team configurations. The suite is fully built-out as a professional services office and is in excellent condition. Tenants are responsible for electricity usage. The building itself is a Class B, two-story structure built in 1980, encompassing 65,400 square feet. It offers ample natural light, drop ceilings, central heating and air conditioning, and a generous 328 surface parking spaces. The building is managed by a reputable Morris County landlord. The lease rate is $17.00 per square foot per year. This property presents a turnkey solution for businesses seeking a high-quality, well-appointed office space in a desirable location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Knolls
    County
    Morris
    State
    New Jersey
    Longitude
    -74.4472
    Latitude
    40.8311
    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
    2023
    $137,410
    $1,441,300
    $5,058,700
    $6,500,000
    -
    $1,441,300
    $5,058,700
    $6,500,000

    Comparable in this City

    • Value Estimation by Request
      4.54 Acres

      16 Wing Dr

      OFFICE BUILDING • 4.54 Acres
      16 Wing Dr, Cedar Knolls, NJ 07927-1023
      View Details
    • Value Estimation
      $500,000
      6.36 Acres

      7 Ridgedale Ave

      OFFICE BUILDING • 6.36 Acres
      7 Ridgedale Ave, Cedar Knolls, NJ 07927-1120
      View Details
    • Value Estimation by Request
      9.24 Acres

      Jefferson Rd

      OFFICE BUILDING • 9.24 Acres
      Jefferson Rd, Cedar Knolls, NJ 07927
      View Details
    • Value Estimation by Request
      26,300 SF

      185 Ridgedale Ave

      OFFICE BUILDING • 26,300 SF
      185 Ridgedale Ave, Cedar Knolls, NJ 07927-1812
      View Details
    • Value Estimation by Request
      5.41 Acres

      2 Ridgedale Ave

      OFFICE BUILDING • 5.41 Acres
      2 Ridgedale Ave, Cedar Knolls, NJ 07927-1108
      View Details
    • Value Estimation by Request
      50,400 SF

      14 Ridgedale Ave

      OFFICE BUILDING • 50,400 SF
      14 Ridgedale Ave, Cedar Knolls, NJ 07927-1107
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      3,000 SF

      Single Story Office Building

      Office building with on-site parking and convenient transportation access.
      7 E Frederick Pl, Cedar Knolls, NJ 07927
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      Renovated Office Space for Lease

      Class A office building with renovated common areas and ample space.
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      Three-Story Office Building For Rent

      70,400 SF office building with on-site bank branch.
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    • $23 SF/Yr
      5,967 SF

      Office Space on Saddle Road

      Office suites available for lease near Morristown Medical Center.
      2 Saddle Rd, Cedar Knolls, NJ 07927
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    • $22 SF/Yr
      118,605 SF

      Hanover, NJ Office Space Available

      Class B Office Building, Ample Parking, Modern Amenities
      240 Cedar Knl Rd, Hanover, NJ 07927
      View Details
    • Contact for pricing
      2,337 SF

      Cedar Knolls Plaza: Medical Office Space

      Prime Hanover, NJ medical office space available.
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    3 Wing Dr
    Hanover, NJ 07927
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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