Financial
Distress signals
Property profile

71 Valley St South Orange, NJ 07079

FOR LEASE
Other commercial real estate
Property ID
US59-0402353
5,978 SF 0.19 ac lot Built 1965
Last sale Nov 2025 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a five-story commercial office building constructed in 1965, totaling 5,978 square feet, with second-floor office suites ranging from approximately 650 to 1,215 square feet. It provides central air conditioning and elevator service for professional and service-based use. The building is located on a corner lot at 71 Valley St in South Orange, New Jersey, within the Central Business District and designated B1. Parking includes garage parking on the lower level, along with

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$66k
Tax billed · 2022
Assessed value · 2023$1.88M
Assessed land$504k
Assessed improvement$1.37M
Effective rate3.51%

Value estimate

· Sep 2026
$1.12M
$1.01M – $1.23M
AI approach$700k
CAP approach$1.27M
Sales comparison$1.39M
NOI build-up
Gross scheduled income$179k
Vacancy & credit loss−$57k
Operating expenses−$30k
NOI · 2,858.22% cap applied$91k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$365/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$242 – $530
Qualifying comparables8

Cap rate analysis

How does the asset earn?
2,858.22%
$91k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-A1
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.9
Carpet & Flooring Store10.2
Building Supply9.6

Location

71 Valley St South Orange, NJ 07079
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
215 Vly, South Orange, NJ 07079-2859 $3,500,000 Dec 2025 7,898 SF
165 Ward, South Orange, NJ 07079 $380,000 Jun 2024 7,725 SF
68 Ws Orange, South Orange, NJ 07079-1730 $1,300,000 Jul 2023 7,447 SF
461 Irvington, South Orange, NJ 07079-2543 $190,000 Jun 2023 5,892 SF
400 Vly, South Orange, NJ 07079-2808 $3,000,000 Feb 2022 6,623 SF
164 Vly, South Orange, NJ 07079-2802 $2,800,000 Jul 2021 6,930 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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