- 0 BedroomBeds
- 0 BathroomBaths
- 0.28Acres
- CommercialType
- PendingStatus
- Sold On
-1 More Schedule
Property Description 104 Ridgedale Ave, Hanover Twp., NJ 07927
Highest and best Wednesday at 9am Welcome to an exceptional income-producing opportunity at 104 Ridgedale Avenue in Cedar Knolls, NJ. This versatile 4-unit commercial property is designed for the discerning investor seeking reliable returns. Featuring a generous lot size of 12,066 square feet, the property stands as a testament to quality and potential.The structure houses a mix of residential and commercial tenants ensuring a steady revenue stream, currently collecting just over $9,600 monthly and over 115,000 annually. On the second floor, a long-term tenant occupies a spacious 2-bedroom apartment for 1800/mo complemented by another 2-bedroom apartment recently renovated in 2023 at 2300 a month. This building has a large 15+ car parking lot, a newer roof, central air conditioning, separate utilities, and a prime location, enhancing tenant comfort and property value. The landlord pays a portion of heat and electric costs for the common areas.The ground floor boosts this property's commercial appeal with a rented hair salon (1800/mo) and a dentist office (3750/mo) each secured with a 5-year lease This unique blend of residential and commercial space, along with its modern amenities, presents an exceptional investment in a strategic location. Explore the possibilities and secure a property that promises both stability and growth.
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Property Details 104 Ridgedale Ave, Hanover Twp., NJ 07927
General
- County: Morris
- List Date: 11/17/2025
- Year Built: 9999
- Sq. Ft.: 9,999
- Lot Description: Corner
- Garage/Parking Spaces: 15.00
- Tax Amount.: $14,588
- Tax Year: 2024
- Basement: No
Interior Features
- Heating: 2 Units, Baseboard - Electric, See Remarks
- Cooling: 2 Units, Wall A/C Unit(s)
- Water: Public Water
- Sewer: Public Sewer
- Fuel Type: Gas-Natural
Exterior Features
- Parking: Blacktop, Parking Lot-Exclusive
- Zoning: B
- Roof Type: Asphalt Shingle
- Pool: NO
- Exterior Description: Brick, Vinyl Siding
Market Watch - Hanover Twp.
An overview of available properties in Hanover Twp., reflecting month-over-month change.