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Property profile & analytics
OFF-MARKET
Estimated value
$890,000
Commercial real estate
284 Orange Ave 86 Irvington, NJ 07111-2127
Trust Owned
Free & Clear
Property ID
US59-3060510
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Total area
7,167 SF
Lot
0.21 ac (9,361 SF)
APN
09 00066-0000-00010
UPID
US59-3060510
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$841k
Blend (final)
Blend
$890k
Owner & transaction history
The Spring Living Trust
The Spring Living Trust
since 2025
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.3M
+22.8%
Industrial (general)
$1.2M
+12.4%
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 Irvington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irvington 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
COMMERCIAL (GENERAL)
$1,045,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,285,000
Change: +23% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$1,175,000
Change: +12% · Conversion: Moderate
Blend value · Realmo final
$890k
Range $801k – $979k · ±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
$124 / 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
$24,774
Tax year 2022
Assessed value
$415,600
Assessed 2023
Previous assessed
$415,600
+0.0% YoY
Effective rate
5.96%
On assessed value
Assessed land
$21,600
Assessed improvement
$394,000
Land market value
$21,600
Improvement market value
$394,000
Total market value
$415,600
Applied tax rate
9.0000
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
Heating
NONE
Stories
1
Units
1
Total area
7,167 SF
Lot
0.21 ac (9,361 SF)
APN
09 00066-0000-00010
UPID
US59-3060510
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
COMMERCIAL (GENERAL) Current
Est. value
$1.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
INDUSTRIAL (GENERAL)
Est. value
$1.2M
COMMERCIAL (GENERAL) 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
Heating
NONE
Stories
1
Units
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
The Spring Living Trust
Trust
Free & Clear · 0 yrs held
Mailing address
368 S NEW HEMPSTEAD RD #10, NEW CITY, NY 10956-1900
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2025
—
The Spring Living Trust
Loretta Anderson Mathis
Deed
related
—
Mar 12, 2025
$13,580
Pl Acquisition Three LLC
County Of Essex
Deed
related
—
Jan 16, 2025
—
286 Orange LLC
280 286 Orange Ave Associates LLC
Deed
$1,820,000 · Churchill Funding I LLC
Jul 12, 2023
$2,035,000
280 286 Orange Ave Associates LLC
Pl Acquisition Three LLC
Bargain And Sale Deed
$1,545,000 · Abl Rpc Residential Credi Acquisition
May 21, 2019
$998,000
Pl Acquisition Three LLC
Adda Nj Props LLC
Grant Deed
$923,400 · Loan Funder LLC Series 6915
Jul 3, 2018
$660,000
Adda Nj Props LLC
Oradell Prop Mgmt LLC
Grant Deed
$495,000 · Bcb Cmnty Bk
Jul 17, 2017
—
Oradell Property Mgmt LLC
V & C Investment LLC
Grant Deed
related
—
Nov 25, 2013
$350,000
V & C Investments LLC
New Jersey Urban Pro
Grant Deed
—
Jul 17, 2012
—
Capital Stack LLC
Blu Financial Group INC
Deed In Lieu Of Foreclosure
related
—
May 28, 2009
—
Blu Financial Group INC
—
Trustees Deed
related
$5,833 · Capital Stack LLC
May 31, 2005
$265,000
Blu Financial Group INC
Citifinancial Mortgage Co INC
Grant Deed
related
$300,000 · Herzog Associate
—
—
Blu Financial Group INC
—
Deed Of Trust
related
$1,000,000 · Capital Stack Fund LLC
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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