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Property profile & analytics
OFF-MARKET
Estimated value
$3,280,000
Residential income homes
10 Grv St East Orange, NJ 07018-4154
Entity Owned
2-yr Hold
Free & Clear
Property ID
US59-3037601
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1923
Construction
WOOD
Total area
21,484 SF
Lot
0.34 ac (14,658 SF)
APN
05 00180-0000-00015- 01
UPID
US59-3037601
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
-
10 South Grove Street Parking Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.28M
Owner & transaction history
10 S Grove Urban Renewal LLC · 2 yrs held
10 S Grove Urban Renewal LLC
since 2024
7 recorded transactions
Zoning & alternative use
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 East Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East Orange 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,850,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$3.28M
Range $2.95M – $3.61M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$153 / SF
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
$63,421
Tax year 2022
Assessed value
$2,182,400
Assessed 2023
Previous assessed
$2,182,400
+0.0% YoY
Effective rate
2.91%
On assessed value
Assessed land
$650,000
Assessed improvement
$1,532,400
Land market value
$650,000
Improvement market value
$1,532,400
Total market value
$2,182,400
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1923
Construction
WOOD
Heating
NONE
Stories
4
Units
2
Total area
21,484 SF
Lot
0.34 ac (14,658 SF)
APN
05 00180-0000-00015- 01
UPID
US59-3037601
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$4.9M
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1923
Construction
WOOD
Heating
NONE
Stories
4
Units
2
Lot
0.34 ac
Current owner
From public records · entity-resolved
10 S Grove Urban Renewal LLC
Entity
Free & Clear · 2 yrs held
Mailing address
20 WASHINGTON ST #403, CRESSKILL, NJ 07626-2145
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2024
—
10 S Grove Urban Renewal LLC
10 S Groive Investments LLC
Correction Deed
related
—
Apr 23, 2024
—
10 S Grove Investments LLC
10s Grove Investments LLC
Deed
—
Aug 29, 2022
$3,500,000
10 S Grove Investments LLC
10 South Grove Eo LLC
Deed
$2,600,000 · Tristate Capital Bank
Aug 29, 2022
$750,000
10 S Grove Urban Renewal LLC
10 South Grove Eo LLC
Deed
—
Aug 23, 2022
—
10 South Grove Eo LLC
10 South Grove Eo LLC
Intrafamily Transfer
related
—
Jan 7, 2016
$1,700,000
10 South Grove Eo LLC
Summit House LLC
Trustees Deed
$1,275,000 · Boiling Sprgs Svgs Bk
Dec 12, 2011
$1,175,000
Summit House LLC
Oraton Grove Realty 2010 Limited Li
Deed
$822,500 · Investors Bank
Dec 12, 2011
—
Oraton Grove Realty-2010 LLC
North South Holdings LLC
Grant Deed
related
—
Nov 8, 2010
$10,000
242 North Oraton Parkway LLC
North South Holdings LLC
Grant Deed
—
Jun 7, 2005
$955,000
North South Holdings LLC
Grove Yard LLC
Grant Deed
related
—
—
—
10 South Grove Eo LLC
—
Deed Of Trust
related
$87,000,000 · Morgan Stanley Pvt Bk NA
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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