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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Commercial real estate
57 Orange Ave South Orange, NJ 07079-1715
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US59-0564963
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Construction
FRAME
Total area
2,925 SF
Lot
0.06 ac (2,831 SF)
Zoning code
CBRZ
APN
19 01904-0000-00012
UPID
US59-0564963
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
-
Noble Hungers Bookstore (Bike/Boat/Book/etc) Store
-
Grá Home Decor Store Department Store
-
The Co-Lab at South Orange Department Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$680k
CAP Approach
CAP
$620k
Comparable Approach
Comparable
$415k
Blend (final)
Blend
$640k
Owner & transaction history
Bonner Management LLC · 1 yrs held
Bonner Management LLC
since 2025
Last sale
$590,000
4 recorded transactions
Zoning & alternative use
CBRZ · 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
$725,000
ML approach
$680,000
CAP Approach
CAP Return
Estimation
6%
$675,000
6.5%
$620,000
7%
$575,000
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $590k (Sep 15 2022)
Last sale anchor
$590k
Sep 15 2022
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
$219 / 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
$18,026
Tax year 2022
Assessed value
$514,000
Assessed 2023
Previous assessed
$514,000
+0.0% YoY
Effective rate
3.51%
On assessed value
Assessed land
$169,900
Assessed improvement
$344,100
Land market value
$169,900
Improvement market value
$344,100
Total market value
$514,000
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
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Total area
2,925 SF
Lot
0.06 ac (2,831 SF)
Zoning code
CBRZ
APN
19 01904-0000-00012
UPID
US59-0564963
Jurisdiction
ESSEX
Metro division
NEWARK-UNION, NJ-PA METROPOLITAN DIVISION
Zoning & alternative use
CBRZ · South Orange, NJZoning CBRZ · permitted uses
CBRZ · 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
Construction
FRAME
Heating
NONE
Stories
2
Units
1
Lot
0.06 ac
Current owner
From public records · entity-resolved
Bonner Management LLC
Entity
Mailing address
57 WS ORANGE AVE, SOUTH ORANGE, NJ 07079-1727
Mailing matches property
Yes
Owner-occupied
Yes
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2025
$1,100,000
Bonner Management LLC
Spot On Property Management LLC
Deed
$459,000 · Apex Commercial Capital Corp
Jan 3, 2024
—
Spot On Property Management LLC
—
Deed
related
$460,000 · Livty Capital LLC
Jan 20, 2023
—
Spot On Property Management LLC
—
Deed
related
$250,000 · Liv Ty Capital LLC
Sep 15, 2022
$590,000
Spot On Property Management LLC
Gil & Esther Eagles Realty LLC
Deed
—
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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