Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

15 Valley St LL1 South Orange, NJ 07079

FOR LEASE
Other commercial real estate
Property ID
US59-1082591
15,760 SF 0.17 ac lot
Last sale Sep 2021 · $1,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property located at 15 Valley Street in South Orange, New Jersey provides versatile multi-office space configured across two floors. On the first floor, the space includes an office area that can function as a reception space; the second floor includes two private offices and a conference room. The building offers office suites of varying size, with space typically ranging from approximately 325 to 1,587 square feet. It is positioned within walking distance of the South Orange Train…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$79k
Tax billed · 2022
Assessed value · 2023$2.25M
Assessed land$452k
Assessed improvement$1.80M
Effective rate3.51%

Value estimate

· Nov 2026
$2.39M
$2.15M – $2.63M
AI approach$2.44M
Submarket $/SF estimate$1.82M
NOI build-up
Gross scheduled income$61k
Vacancy & credit loss−$4k
Operating expenses−$23k
NOI · 526.86% cap applied$34k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$365/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$242 – $530
Qualifying comparables5

Cap rate analysis

How does the asset earn?
526.86%
$34k 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-A1
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply14.2
Realty agency13.8
Wholesale Shop12.2

Location

15 Valley St, Unit LL1 South Orange, NJ 07079
County assessor Recorded deeds · 6 transfers 5 qualifying comp sales 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
215 Vly, South Orange, NJ 07079-2859 $3,500,000 Dec 2025 7,898 SF
165 Ward, South Orange, NJ 07079 $380,000 Jun 2024 7,725 SF
391 Vly, South Orange, NJ 07079-2805 $4,000,000 Aug 2023 13,136 SF
68 Ws Orange, South Orange, NJ 07079-1730 $1,300,000 Jul 2023 7,447 SF
18 Orange, South Orange, NJ 07079-3701 $3,700,000 Jul 2022 10,492 SF
122 Orange, South Orange, NJ 07079-1902 $5,550,000 Aug 2021 28,885 SF
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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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