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Property profile & analytics
OFF-MARKET
Industrial properties
6 Saddle Rd Cedar Knolls, NJ 07927-1901
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US59-0509849
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1967
Construction
CONCRETE BLOCKS
Lot
2.23 ac (97,095 SF)
Zoning code
I
APN
12 00701-0000-00014
UPID
US59-0509849
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
-
Outpatient Rehabilitation Services Medical Clinic
-
Robert Klecz, MD - Atlantic Medical Group Physical Medicine and Rehabilitation Rehabilitation Center Doctor
-
Sandia Padavan, MD Rehabilitation Center Doctor
-
Gregory Mulford, MD Rehabilitation Center Doctor
-
Jason Smith, MD Physician
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
Greater Morristown Young Mens · 8 yrs held
Greater Morristown Young Mens
since 2017
3 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
$16,921
Tax year 2022
Assessed value
$832,300
Assessed 2023
Previous assessed
$832,300
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$632,300
Assessed improvement
$200,000
Land market value
$632,300
Improvement market value
$200,000
Total market value
$832,300
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1967
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
2.23 ac (97,095 SF)
Zoning code
I
APN
12 00701-0000-00014
UPID
US59-0509849
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
I · Cedar Knolls, NJZoning 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
Building & site characteristics
From public records
Year built
1967
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
2.23 ac
Current owner
From public records · entity-resolved
Greater Morristown Young Mens
Individual
Mailing address
79 HORSEHILL RD, CEDAR KNOLLS, NJ 07927-2003
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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
Feb 22, 2022
—
Greater Morristown Young Mens Crstn
—
Deed
related
$6,000,000 · Lakeland Bank
Mar 6, 2018
—
Greater Morritwon Young Mens Christ
—
Deed
related
—
Nov 13, 2017
$3,100,000
Greater Morristown Young Mens
Rsv Properties INC
Grant Deed
related
$3,100,000 · Capital One NA
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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