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Property profile & analytics
FOR SALE
Office buildings
110 S Grove St East Orange, NJ 07018
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US59-0527088
For Sale
1 / 49
$3,995,000
110 S Grove St, East Orange, NJ 07018
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1979
Total area
23,154 SF
Lot
0.66 ac (28,562 SF)
APN
05 00020-0000-00019
UPID
US59-0527088
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
-
Fresenius Kidney Care East Orange Medical Clinic
-
Dr. Allison Barone, MD Physician
-
Dr. Sharon F. Gonzales, MD Physician Medical Clinic
-
Dr. Piotr S. Kisza, MD Physician Medical Clinic
-
King Imasuen Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.82M
Comparable Approach
Comparable
$2.93M
Blend (final)
Blend
$4.24M
Owner & transaction history
110 South Grove LLC · 6 yrs held
110 South Grove LLC
since 2019
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$6.3M
+30.3%
Industrial (general)
$5.2M
+7.6%
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%
$6,300,000
6.5%
$5,815,000
7%
$5,400,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,860,000
Current use
APARTMENT HOUSE (5+ UNITS)
$6,330,000
Change: +30% · Conversion: Easy
INDUSTRIAL (GENERAL)
$5,230,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$4.24M
Range $3.81M – $4.66M · ±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
$183 / 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
$132,508
Tax year 2022
Assessed value
$4,559,800
Assessed 2023
Previous assessed
$4,559,800
+0.0% YoY
Effective rate
2.91%
On assessed value
Assessed land
$457,000
Assessed improvement
$4,102,800
Land market value
$457,000
Improvement market value
$4,102,800
Total market value
$4,559,800
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
1979
Heating
NONE
Stories
3
Units
1
Total area
23,154 SF
Lot
0.66 ac (28,562 SF)
APN
05 00020-0000-00019
UPID
US59-0527088
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
OFFICE BUILDING Current
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.3M
INDUSTRIAL (GENERAL)
Est. value
$5.2M
OFFICE BUILDING Current
APARTMENT HOUSE (5+ UNITS)
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
1979
Heating
NONE
Stories
3
Units
1
Lot
0.66 ac
Current owner
From public records · entity-resolved
110 South Grove LLC
Entity
Mailing address
110 S GRV ST, EAST ORANGE, NJ 07018-4102
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
Mar 10, 2020
—
110 South Grove LLC
—
Deed
related
$867,939 · Pnc Bank NA
Dec 6, 2019
—
110 South Grove LLC
South Grove Invs Assocs LLP
Quit Claim Deed
related
—
Apr 2, 2019
—
South Grove Inv Assocs LLP
—
Deed
related
$118,000 · Pnc Bk Natl Assn
Jan 23, 2019
—
South Grove Inv Assocs LLP
—
Deed
related
$972,235 · Pnc Bk
—
—
South Grove Inv Assocs LLP
—
Deed Of Trust
related
$972,235 · Pnc Bk
—
—
South Grove Inv Assocs LLP
—
Deed Of Trust
related
$972,235 · Pnc Bk
—
—
South Grove Inv Assocs LLP
—
Deed Of Trust
related
$118,000 · Pnc Bk Natl Assn
—
—
South Grove Investment Assocs
—
Deed Of Trust
related
$288,000 · Wachovia Bank NA
—
—
110 South Grove LLC
—
Deed Of Trust
related
$867,939 · Pnc Bk
—
—
South Grove Investment Assocs
—
Deed Of Trust
related
$1,550,000 · Pnc Bank
—
—
Grove Investment Asscs L South
—
Deed Of Trust
related
$120,000 · Pnc Bank
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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