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Financial
Distress signals
Property profile

90 Ridgedale Ave East Hanover, NJ 07936

OFF-MARKET
Other industrial properties
Property ID
US59-3139518
1.95 ac lot Built 1985
Last sale Apr 2021 · $1,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a multi-level commercial space within a well-maintained mixed-use building, consisting of approximately 2,050 sq. ft. of retail space on the lower level and approximately 4,000 sq. ft. on the upper level, for a combined total of about 6,050 sq. ft. The building accommodates flexible occupancy, with the space designed to be leased independently or combined, including the ability to close off areas for separate use with separate code compliance. There are separate entrances,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$26k
Tax billed · 2022
Assessed value · 2023$1.06M
Assessed land$684k
Assessed improvement$375k
Effective rate2.50%

Value estimate

· Oct 2026
$2.07M
$1.86M – $2.27M
AI approach$2.05M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$179/SF
County average, outlier-cleaned · 85 recorded sales of this use type
Observed band · Q1–Q3$134 – $250

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-3
JurisdictionMORRIS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.5
Parking Facility10.5
Tailor Shop9.1

Location

90 Ridgedale Ave East Hanover, NJ 07936-1209
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
15th Melanie, East Hanover, NJ 07936-1103 $8,650,000 Oct 2025 No data
11 Melanie, East Hanover, NJ 07936-1100 $21,950,000 Oct 2025 No data
9 Melanie, East Hanover, NJ 07936-1101 $14,150,000 Jul 2025 No data
23 Faranella, East Hanover, NJ 07936-2001 $18,050,000 Aug 2024 No data
17 Faranella, East Hanover, NJ 07936-2002 $18,050,000 Aug 2024 No data
733 Ridgedale, East Hanover, NJ 07936-3157 $2,550,000 Dec 2023 44,633 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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