Financial
Distress signals
Property profile

555 Northfield Ave West Orange, NJ 07052

FOR LEASE
Other commercial real estate
Property ID
US59-2091584
1.99 ac lot Built 1965
Last sale Nov 2025 · $40,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The Altius is a multi-unit rental residential community in West Orange, New Jersey, located at 555 Northfield Avenue with frontage and access along Northfield Avenue. The residences are configured with open-concept layouts and oversized windows, and feature quartz countertops, stainless steel kitchen appliances, full-size in-unit washer and dryer, spacious closets, and contemporary designer finishes. Community amenities are provided on site, including three rooftop decks, a fitness center, a

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$117k
Tax billed · 2022
Assessed value · 2023$2.64M
Assessed land$2.64M
Assessed improvement$100
Effective rate4.44%

Value estimate

· Sep 2026
$585k
$527k – $644k
AI approach$585k
NOI build-up
Gross scheduled income$43k
Vacancy & credit loss−$2k
Operating expenses−$12k
NOI · 95,156.67% cap applied$29k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$222/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$158 – $327

Cap rate analysis

How does the asset earn?
95,156.67%
$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-2
Block 155, Lot 40.04: rezone from P-C to B-2. District boundary lines follow the center lines of streets and similar rights-of-way, or lo...
General categoryCOMMERCIAL
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant29.6
Realty agency29.1
Building Supply26.0

Location

555 Northfield Ave West Orange, NJ 07052
County assessor Recorded deeds · 10 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Llewellyn, West Orange, NJ 07052 $1,300,000 Nov 2025 No data
262 Main, West Orange, NJ 07052-5617 $1,825,000 Jul 2025 No data
263 Main, West Orange, NJ 07052-5615 $650,000 Jun 2025 2,211 SF
277 Main, West Orange, NJ 07052-5643 $1,650,000 Apr 2025 No data
525 Northfield, West Orange, NJ 07052-2425 $400,000 Mar 2025 No data
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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