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Property profile & analytics
OFF-MARKET Estimated value $1,510,000
Commercial real estate

470 Ridgedale Ave East Hanover, NJ 07936-3074

0.44 ac lot Built 1979
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US59-1951881
Property summary
AI-generated overview

This exceptional 1,000-square-foot office space is ideally located at 470 Ridgedale Avenue in East Hanover, New Jersey, within Morris County. The property is a single-tenant occupancy, offering a versatile layout suitable for various professional uses, including executive, medical, creative, or traditional office settings. Currently configured as a second-floor suite, the space features two distinct office areas, providing flexibility for individual workspaces or collaborative environments. A shared bathroom is conveniently located in the hallway. The address is easily accessible, situated at 470 Ridgedale Ave, East Hanover, NJ 07936, with precise coordinates at latitude 40.8275837 and longitude -74.3571394. This presents a fantastic opportunity for businesses seeking a well-appointed and conveniently located office in a thriving New Jersey community. The space is ready for immediate occupancy, offering a seamless transition for your operations. The building's location within Morris County provides easy access to major transportation routes, ensuring convenient commutes for employees and clients alike. This is a rare opportunity to secure a well-designed and functional office space in a desirable location. Don't miss out on this chance to establish your business in a prime East Hanover setting.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1979
Construction CONCRETE BLOCKS
Lot 0.44 ac (19,153 SF)
Zoning code B-1
APN 10 00068-0000-00003
UPID US59-1951881
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
  • Family Friendly Dental Dental Office
  • Farmers Insurance - Klajd Gazulli Insurance Agency
  • Right Click Advantage LLC Marketing & Advertising
  • Artim Beauty Salon (Bike/Boat/Book/etc) Store Cosmetic Store
  • Rebecca Logunovskiy Counselor Practitioner Service Location
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.64M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.51M
Owner & transaction history
Tdk Realty LLC · 3 yrs held
Tdk Realty LLC
since 2023
Last sale
$1.4M
1 recorded transaction
2023
$1.4M
Zoning & alternative use
B-1 · East Hanover, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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