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Property profile & analytics
OFF-MARKET
Commercial real estate
8 Ridgedale Ave Cedar Knolls, NJ 07927-1122
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US59-1450355
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1985
Construction
CONCRETE BLOCKS
Lot
9.5 ac (413,820 SF)
Zoning code
IP
APN
12 01101-0000-00005
UPID
US59-1450355
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
-
Clyne Eagan & Associates Accounting Firm Tax Preparation
-
Jersey 74 Wrestling School Gym & Fitness Center Sports Field & Court
-
FedEx Drop Box Postal Service Courier Service
-
EI Associates - Architects & Engineers Interior Designer Association / Organization
-
Law Offices of John M. Clyne, Jr. 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
Cedar Knolls Plz III Associate · 8 yrs held
Cedar Knolls Plz III Associate
since 2017
4 recorded transactions
Zoning & alternative use
IP · 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
$183,486
Tax year 2022
Assessed value
$9,025,400
Assessed 2023
Previous assessed
$9,025,400
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$2,450,000
Assessed improvement
$6,575,400
Land market value
$2,450,000
Improvement market value
$6,575,400
Total market value
$9,025,400
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1985
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
9.5 ac (413,820 SF)
Zoning code
IP
APN
12 01101-0000-00005
UPID
US59-1450355
Jurisdiction
MORRIS
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
IP · Cedar Knolls, NJZoning IP · permitted uses
IP · 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
1985
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Lot
9.5 ac
Current owner
From public records · entity-resolved
Cedar Knolls Plz III Associate
Individual
Mailing address
8 RIDGEDALE AVE, CEDAR KNOLLS, NJ 07927-1122
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2017
—
Cedar Knolls Plz III Associate
—
Deed
related
$2,000,000 · Millington Bk
—
—
Knolls Plaza Cedar III
—
Deed Of Trust
related
$1,950,000 · Valley National Bank
—
—
Cedar Knolls Plz III Associate
—
Deed Of Trust
related
$2,000,000 · Millington Bk
—
—
Knolls Plaza Cedar III
—
Deed Of Trust
related
$2,100,000 · Valley 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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