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Property profile & analytics
OFF-MARKET
Estimated value
$4,235,000
Commercial real estate
391 Vly St 401 South Orange, NJ 07079-2805
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US59-1348086
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1950
Total area
13,136 SF
Lot
0.53 ac (23,261 SF)
Zoning code
B-B2
APN
19 02302-0000-00004
UPID
US59-1348086
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
$5.63M
CAP Approach
CAP
$2.79M
Comparable Approach
Comparable
$3.28M
Blend (final)
Blend
$4.24M
Owner & transaction history
Anaid Real Estate Agency LLC · 2 yrs held
Anaid Real Estate Agency LLC
since 2023
Last sale
$4.0M
5 recorded transactions
Zoning & alternative use
B-B2 · 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
$5,720,000
ML approach
$5,625,000
CAP Approach
CAP Return
Estimation
6%
$3,020,000
6.5%
$2,790,000
7%
$2,590,000
Blend value · Realmo final
$4.24M
Range $3.81M – $4.66M · ±10% · vs last sale $4.00M (Aug 22 2023)
Last sale anchor
$4.00M
Aug 22 2023
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
$322 / 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
$60,401
Tax year 2022
Assessed value
$1,722,300
Assessed 2023
Previous assessed
$1,722,300
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$814,100
Assessed improvement
$908,200
Land market value
$814,100
Improvement market value
$908,200
Total market value
$1,722,300
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
1950
Heating
NONE
Units
1
Total area
13,136 SF
Lot
0.53 ac (23,261 SF)
Zoning code
B-B2
APN
19 02302-0000-00004
UPID
US59-1348086
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
B-B2 · South Orange, NJZoning B-B2 · permitted uses
B-B2 · 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
1950
Heating
NONE
Units
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
Anaid Real Estate Agency LLC
Entity
Mailing address
401 VLY ST, ORANGE, NJ 07050-1320
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2023
—
Anaid Real Estate Agency LLC
—
Deed
related
$1,666,000 · Trenton Business Assistance Corporation
Aug 22, 2023
$4,000,000
Anaid Real Estate Agency LLC
Sfc Re LLC
Deed
$2,025,000 · Bank Of America NA
Aug 22, 2023
$22,258
Susan C Barr
County Of Essex
Redemption Deed
related
$1,620,000 · Bank Of America NA
Mar 17, 2006
$100
Sfc Re LLC
Sheriff Of Essex County
Trustees Deed
related
—
—
—
Sfc R E LLC
—
Deed Of Trust
related
$750,000 · Freedom 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.
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