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Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Office buildings
433 Main St East Orange, NJ 07018-3211
Individually Owned
5-yr Hold
Free & Clear
Property ID
US59-2055785
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Total area
475 SF
Lot
0.4 ac (17,576 SF)
APN
05 00386-0000-00004
UPID
US59-2055785
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
$2.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.32M
Owner & transaction history
Novus Landmark East Orange Urban Re · 5 yrs held
Novus Landmark East Orange Urban Re
since 2021
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 East Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East 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
$2,695,000
ML approach
$2,585,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±10% · vs last sale $2.00M (Jul 8 2021)
Last sale anchor
$2.00M
Jul 8 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
$4,884 / 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
$13,644
Tax year 2022
Assessed value
$469,500
Assessed 2023
Previous assessed
$469,500
+0.0% YoY
Effective rate
2.91%
On assessed value
Assessed land
$351,500
Assessed improvement
$118,000
Land market value
$351,500
Improvement market value
$118,000
Total market value
$469,500
Applied tax rate
5.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Heating
NONE
Stories
1
Units
1
Total area
475 SF
Lot
0.4 ac (17,576 SF)
APN
05 00386-0000-00004
UPID
US59-2055785
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
Building & site characteristics
From public records
Heating
NONE
Stories
1
Units
1
Lot
0.4 ac
Current owner
From public records · entity-resolved
Novus Landmark East Orange Urban Re
Individual
Free & Clear · 5 yrs held
Mailing address
50 UN AVE, IRVINGTON, NJ 07111-3262
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2021
—
Novus Landmark East Orange Urban Re
Novus Landmark East Orange Urban Re
Intrafamily Transfer
related
—
Jan 21, 2021
—
Novus Landmark E Orange Urban
Passaic Properties I LLC
Grant Deed
related
$470,000 · Monique Savickas
May 14, 2018
$2,000,000
Passaic Props I LLC
Ellops Realty LLC
Grant Deed
—
Aug 7, 2007
$300,000
Ellopos Realty LLC
Peliotis Dev LLC
Grant Deed
—
Oct 3, 2006
$300,000
Peliotis Dev LLC
Grigonis Ents LLC
Grant Deed
$200,000 · Grigonis Ents LLC
—
—
Ellopos Realty LLC
—
Deed Of Trust
related
$1,000,000 · Atlantic Stewardship Bk
—
—
Ellopos Realty LLC
—
Deed Of Trust
related
$1,000,000 · Atlantic Stewardship Bk
—
—
Ellopos INC
—
Deed Of Trust
related
$125,000 · Atlantic Stewardship 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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