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Property profile & analytics
OFF-MARKET
Estimated value
$2,745,000
Commercial real estate
164 Vly St South Orange, NJ 07079-2802
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US59-0498734
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1948
Construction
CONCRETE BLOCKS
Total area
6,930 SF
Lot
0.38 ac (16,640 SF)
Zoning code
B-B1
APN
19 02003-0000-00007
UPID
US59-0498734
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
-
Essex County Towing Auto Repair Shop
-
All Star Motors Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.51M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.37M
Blend (final)
Blend
$2.75M
Owner & transaction history
164 V So LLC · 5 yrs held
164 V So LLC
since 2021
Last sale
$2.8M
7 recorded transactions
Zoning & alternative use
B-B1 · South Orange, NJ
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 South Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South 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
$3,525,000
ML approach
$3,505,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.75M
Range $2.47M – $3.02M · ±10% · vs last sale $2.80M (Jul 16 2021)
Last sale anchor
$2.80M
Jul 16 2021
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
$396 / 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
$43,687
Tax year 2022
Assessed value
$1,245,700
Assessed 2023
Previous assessed
$1,245,700
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$582,400
Assessed improvement
$663,300
Land market value
$582,400
Improvement market value
$663,300
Total market value
$1,245,700
Applied tax rate
19.0000
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
1948
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Total area
6,930 SF
Lot
0.38 ac (16,640 SF)
Zoning code
B-B1
APN
19 02003-0000-00007
UPID
US59-0498734
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
B-B1 · South Orange, NJZoning B-B1 · permitted uses
B-B1 · South Orange, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Print Preview
Building & site characteristics
From public records
Year built
1948
Construction
CONCRETE BLOCKS
Heating
NONE
Stories
1
Units
1
Lot
0.38 ac
Current owner
From public records · entity-resolved
164 V So LLC
Entity
Mailing address
204 BELLEVUE AVE APT A, MONTCLAIR, NJ 07043-1827
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2021
$2,800,000
164 V So LLC
Russell And Alex Equities LLC
Deed
—
Feb 28, 2020
—
Russell & Alex Equities LLC
—
Deed
related
$1,269,143 · Crown Bk
Dec 12, 2019
—
Russell & Alex Equities LLC
—
Deed
related
$250,000 · Stolar Capital 8 LLC
Jan 18, 2007
—
Russell Lord
—
Trustees Deed
related
$45,000 · Frank Mustilli
Apr 22, 2005
—
Russell Lord
—
Trustees Deed
related
$54,500 · Lenny Salerno
—
—
Russell & Alex Equities LLC
—
Deed Of Trust
related
$200,000 · Citizens Community Bank
—
—
Russell & Alex Equities LLC
—
Deed Of Trust
related
$250,000 · Stolar Capital 8 LLC
—
—
Ral Realty LLC
—
Deed Of Trust
related
$200,000 · Citizens Community Bank
—
—
Russell & Alex Equities LLC
—
Loan Modification
related
$1,269,143 · Crown Bk
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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