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Property profile & analytics
OFF-MARKET
Estimated value
$630,000
Industrial properties
8 Frederick Pl Cedar Knolls, NJ 07927-1800
Entity Owned
27-yr Hold
~
Est. High Equity
Property ID
US59-1446091
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1975
Construction
CONCRETE BLOCKS
Lot
6.52 ac (284,011 SF)
Zoning code
I
APN
12 02104-0000-00007
UPID
US59-1446091
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
-
Locked In Baseball Gym & Fitness Center Sports School
-
AMA Fight Club Training Center Sports School
-
Iron Culture - Cedar Knolls Gym & Fitness Center
-
Shining Starz Dance Academy Training Center
-
Rossi Enterprises Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$630k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$630k
Owner & transaction history
8 East Frederick Place LLC · 27 yrs held
8 East Frederick Place LLC
since 1999
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
Method
Estimation
Statistic approach
by Request
ML approach
$630,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$630k
Range $567k – $693k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
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
$57,404
Tax year 2022
Assessed value
$2,823,600
Assessed 2023
Previous assessed
$2,823,600
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$1,534,500
Assessed improvement
$1,289,100
Land market value
$1,534,500
Improvement market value
$1,289,100
Total market value
$2,823,600
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
1975
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
6.52 ac (284,011 SF)
Zoning code
I
APN
12 02104-0000-00007
UPID
US59-1446091
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
1975
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
2
Lot
6.52 ac
Current owner
From public records · entity-resolved
8 East Frederick Place LLC
Entity
Mailing address
75 CLAREMONT RD STE #303, BERNARDSVILLE, NJ 07924-2271
Ownership since
1999
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
Dec 1, 2023
—
8 East Frederick Place LLC
—
Deed
related
$1,000,000 · Lakeland Bank
Sep 6, 2019
—
8 East Frederick Place L L C
—
Deed
related
$500,000 · Lakeland Bank
Jan 26, 1999
—
8 East Frederick Place LLC
Rossi,joseph
Grant Deed
$1,335,000 · United National Bank
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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