104 Ridgedale Ave, Cedar Knolls, NJ 07927

Local realty services provided by:ERA Central Realty Group
104 Ridgedale Ave,Hanover Twp., NJ 07927
$1,200,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: erica travis, jennifer pickett
Office: compass new jersey, llc.
MLS#:3998184
Source:NJ_GSMLS

Price summary

  • Price:$1,200,000

About this home

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

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Home facts

  • Year built:9999
  • Listing ID #:3998184
  • Added:1 day(s) ago
  • Updated:November 18, 2025 at 06:49 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Half bathrooms:4

Heating and cooling

  • Cooling:2 Units, Central Air, Wall A/C Unit(s)
  • Heating:2 Units, Baseboard - Electric

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:9999
  • Lot area:0.28 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,200,000
  • Tax amount:$14,588 (2024)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated November 18, 2025

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