Technical
Financial
Distress signals
Property profile

61 Central Ave East Orange, NJ 07018

OFF-MARKET
Commercial real estate
Property ID
US59-3154235
3,390 SF 0.1 ac lot Built 1940
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1940
Total area 3,390 SF
Lot 0.1 ac (4,500 SF)
Zoning code R-O
APN 05 00012-0000-00011
UPID US59-3154235

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Cosmetic Store
  • Barber Shop
  • Hardware & Home Improvement Production Facility
  • (Bike/Boat/Book/etc) Store

Location

61 Central Ave East Orange, NJ 07018-3908
East Orange metro Census 10900 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$425k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

since 2021
Last sale
$300,000
3 recorded transactions
2022
Price N/A
2021
$300,000
2007
$175,000

Zoning & alternative use

R-O · East Orange, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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