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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Commercial real estate
1450 Pleasant Vly Way West Orange, NJ 07052-1305
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US59-1001647
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1972
Construction
METAL FRAME
Lot
4.22 ac (183,954 SF)
Zoning code
R-2
APN
22 00168-0000-00039
UPID
US59-1001647
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$585k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$585k
Owner & transaction history
Bernard Hastick
Bernard Hastick
1 recorded transaction
Zoning & alternative use
R-2 · West Orange, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
25-3.1 Zone Districts. [ Ord. No. 2549-18 ; Ord. No. 2357-12 § 25-3.1] For the purposes of this chapter the Township is divided into 24 districts as follows: R-1 District One-family dwellings on 80,000 square foot lots R-2 District One-family dwellings on 40,000 square foot lots R-3 District One-family dwellings on 20,000 square foot lots R-3AH District One-…
Zone name
One Family Dwellings On 40000 Square Foot Lots
General category
RESIDENTIAL
Zone area
1,134.66 ac
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 West Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West 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
$585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±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
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$171,036
Tax year 2023
Assessed value
$3,719,800
Assessed 2024
Previous assessed
$3,719,800
+0.0% YoY
Effective rate
4.60%
On assessed value
Assessed land
$1,435,800
Assessed improvement
$2,284,000
Land market value
$1,435,800
Improvement market value
$2,284,000
Total market value
$3,719,800
Applied tax rate
22.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1972
Construction
METAL FRAME
Heating
NONE
Stories
1
Units
1
Lot
4.22 ac (183,954 SF)
Zoning code
R-2
APN
22 00168-0000-00039
UPID
US59-1001647
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
R-2 · West Orange, NJZoning R-2 · permitted uses
R-2 · West Orange, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
25-3.1 Zone Districts. [ Ord. No. 2549-18 ; Ord. No. 2357-12 § 25-3.1] For the purposes of this chapter the Township is divided into 24 districts as follows: R-1 District One-family dwellings on 80,000 square foot lots R-2 District One-family dwellings on 40,000 square foot lots R-3 District One-family dwellings on 20,000 square foot lots R-3AH District One-family dwellings (See § 25-31 for size of lots) R-4 District One-family dwellings
Zone name
One Family Dwellings On 40000 Square Foot Lots
General category
RESIDENTIAL
Zone area
1,134.66 ac
Building & site characteristics
From public records
Year built
1972
Construction
METAL FRAME
Heating
NONE
Stories
1
Units
1
Lot
4.22 ac
Current owner
From public records · entity-resolved
Bernard Hastick
Individual
Mailing address
1448 PLEASANT VLY WAY, WEST ORANGE, NJ 07052-1305
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
—
—
Bernard Hastick
—
Deed Of Trust
related
$150,000 · Fleet National 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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