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Property profile & analytics
FOR SALE
Commercial real estate
930 E Grand St, Elizabeth, NJ 07201
Entity Owned
~
Est. High Equity
Property ID
US59-0545393
For Sale
1 / 19
$950,000
930 E Grand St, Elizabeth, NJ 07201
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Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1909
Total area
3,885 SF
Lot
0.06 ac (2,500 SF)
APN
04 00557-0000-00012
UPID
US59-0545393
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
-
Elizabeth Grocery Grocery & Convenience Store Food Market
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$725k
CAP Approach
CAP
$825k
Comparable Approach
Comparable
$658k
Blend (final)
Blend
$735k
Owner & transaction history
Jobimperial LLC
Jobimperial LLC
since 2026
Last sale
$950,000
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 Elizabeth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Elizabeth 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
$725,000
CAP Approach
CAP Return
Estimation
6%
$895,000
6.5%
$825,000
7%
$765,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$875,000
Current use
OFFICE BUILDING
$740,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$735k
Range $662k – $809k · ±10% · vs last sale $950k (Jan 9 2026)
Last sale anchor
$950k
Jan 9 2026
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
$189 / 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
$12,690
Tax year 2022
Assessed value
$41,500
Assessed 2023
Previous assessed
$41,500
+0.0% YoY
Effective rate
30.58%
On assessed value
Assessed land
$8,200
Assessed improvement
$33,300
Land market value
$8,200
Improvement market value
$33,300
Total market value
$41,500
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Sale
Year built
1909
Heating
NONE
Total area
3,885 SF
Lot
0.06 ac (2,500 SF)
APN
04 00557-0000-00012
UPID
US59-0545393
Jurisdiction
UNION
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
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$875,000
OFFICE BUILDING
Est. value
$740,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1909
Heating
NONE
Lot
0.06 ac
Current owner
From public records · entity-resolved
Jobimperial LLC
Entity
Mailing address
930 E GRAND ST, ELIZABETH, NJ 07201-4706
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2026
$950,000
Jobimperial LLC
Erika C Collazos
Deed
$617,000 · Collins Funing LLC
Feb 6, 2024
$725,000
Ruben D Ocampo
Media One Corp
Deed
$542,900 · Nqm Funding LLC
Aug 31, 2023
—
Media One Corp
—
Deed
related
$50,000 · First Hope Bank
Mar 22, 2022
—
Media One Corp
—
Deed
related
$315,000 · First Hope Bank
Feb 27, 2018
$275,000
Media On Corporation
Johnnie Polen
Deed
—
Feb 10, 2006
—
Johnnie Polen
Leonard Polen
Deed
related
$350,000 · Chase Bank USA N A
Apr 19, 2001
—
Johnny Polen
Polen,isaac & Leonard
Quit Claim Deed
related
—
Apr 12, 2000
$153,000
Isaac Polen
Sampson,stephen
Grant Deed
$164,400 · First Union Mortgage
—
—
Isaac Polen
—
Deed Of Trust
related
$164,400 · Interbay Funding LLC
—
—
Johnnie Polen
—
Deed Of Trust
related
$215,000 · Chase Manhattan Mortgage Corp
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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