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About Us
Otteau Group, Inc.
Bringing Clarity to Real Estate

The lightning strike speed of today's information flow has accelerated the pace of change for real estate markets. As a result, trends that previously took years to develop can now unfold in a few short months. Our mission is to assist our clients in keeping pace with that change by providing insightful analysis and cutting edge pricing skills. To accomplish this we have assembled a team of skilled professionals specializing in the complex field of real estate market analysis. With a broad based exposure in real estate valuation and consultation, our firm engages in a diversified practice encompassing all property types. Appraisal and consulting services are provided to financial & lending institutions, developers & builders, attorneys, investors, relocation management service companies, governmental agencies, corporations and the public. Our Consulting Group provides a wide array of services to developers and builders with respect to market analysis, project feasibility, demographic trends, project valuation and municipal project approval proceedings. Litigation support is provided for matters requiring the valuation and corresponding expert testimony for eminent domain proceedings, contractual disputes, bankruptcy, tax appeals, equitable distribution, estate valuation and stigma related issues..

JEFFREY G. OTTEAU President

Mr. Otteau manages all facets of the firm's business and has been actively engaged in real estate consultation and valuation since 1974. He holds the State Certified General Real Estate Appraiser certification which is the highest level offered. Frequently quoted in the New York Times and Wall Street Journal, and having made television appearances on CNBC, Bloomberg and NBC News, Mr. Otteau is widely respected for his knowledge and insight into real estate trends. His attention to detail and comprehensive fact finding has made him the go-to person for industry professionals seeking to enhance their competitive position in the marketplace. Jeffrey has provided testimony as an expert witness at the municipal, county and state levels, authored several texts on property valuation techniques and has lectured throughout the United States and in Canada. He served on the Appraisal Standards Advisory Council, which consulted with the Appraisal Foundation in Washington, D.C. on its agenda of projects and major technical issues. Mr. Otteau served as a past Chairman of the Employee Relocation Council's Appraisal Standards Council and was inducted into their distinguished Hall of Leaders in 1995.

Jeffrey can be reached directly at 800.458.7161 or jeffrey.otteau@otteau.com.

PROFESSIONAL LICENSING

  • State Certified General Real Estate Appraiser in the State of New Jersey (License #42RG00094100)
  • State Certified General Real Estate Appraiser in the State of Pennsylvania (License #GA003481)
  • State Certified General Real Estate Appraiser in the State of New York (License #46000045325)
  • Member, National Association of Independent Fee Appraisers (IFA Designation)
  • FHA/HUD Approved Appraiser – NJ, PA, NY
AFFILIATIONS & HONORS
  • Member, National Association of Independent Fee Appraisers: IFA Designation
  • Licensed Real Estate Broker in the State of New Jersey
  • Member, Client Advisory Council, Homearnings Reverse Mortgage, Louisville, Kentucky - 1992,1993,1994
  • National Review Appraiser, United Parcel Service, Atlanta, Georgia 1989- 1999
  • President's Award, Employee Relocation Council (E-R-C), Washington, D.C. - 1992 & 1995
  • Co-Author, The Relocation Appraisal Guide, published by Employee Relocation Council – 1991, 1994 & 2001
  • Co-Designer, E-R-C Appraisal Report Form, 1991,1994 and 2001 versions
  • Past Member, Executive Board of Directors, The Relocation Appraisers Consortium (RAC), Washington, DC
  • Member, Editorial Advisory Committee, Mobility Magazine, 1992
  • Member, National Relocation Conference Planning Committee, 1991
  • Member, Appraisal Standards Council, Washington, D.C., 1991-2000
  • Member, Industry Practices Committee, Washington, D.C., 1990, 1991
  • Member, Appraisal Standards Advisory Council which consults with the Appraisal Foundation Washington, D.C. on its agenda of projects and major technical issues - 1992-1994

Heather Esposito Vice President

Heather has been employed by the firm since 2000 and holds the State Certified General Real Estate Appraiser license. She has wide ranging experience in the valuation of all property types including income producing commercial property, subdivision development analysis, industrial property and residential valuation.

Heather is a graduate of George Washington University in Washington, DC and has been qualified as an expert in providing testimony in ad valorem taxation matters. She has extensive experience providing complex valuation services involving abstraction analysis, feasibility study and stigma analysis for single-use and mixed-use development projects.

Heather can be reached directly at 800.458.7161 x 2570 or heather.esposito@otteau.com.

PROFESSIONAL LICENSING

  • State Certified General Real Estate Appraiser in the State of NJ (#42RG00218800)
  • Licensed Real Estate Sales Person in the State of New Jersey
  • FHA/HUD Approved Appraiser – NJ
EDUCATION
  • Bachelor of Arts Degree - George Washington University (1998)
AFFILIATIONS
  • National Association of Realtors (NAR) Member, 2004 – Present

Christopher J. Otteau Vice President

Christopher has been employed by the firm since 2001 and holds the State Certified General Real Estate Appraiser license. He is also a member of Relocation Appraisers & Consultants (RAC) and an associate member of The Appraisal Institute. He has wide ranging experience in the valuation of all property types including income producing commercial property, subdivision development analysis, industrial property and residential valuation.

Christopher is a graduate of Rutgers University and has been qualified as an expert witness in development entitlement proceedings and ad valorem taxation. He also has extensive experience in urban redevelopment, abstraction analysis, feasibility study and stigma analysis.

Christopher also serves as the principal reviewer for work completed by firm’s staff-level appraisers.

Christopher can be reached at 800.458.7161 x 2580 or christopher.otteau@otteau.com.

PROFESSIONAL LICENSING

  • State Certified General Real Estate Appraiser in the State of NJ (#42RG00219400)
  • State Certified General Real Estate Appraiser in the State of NY (#46000049674)
  • State Certified General Real Estate Appraiser in the State of PA (#GA003794)
  • Licensed Real Estate Sales Person in the State of New Jersey
  • FHA/HUD Approved Appraiser – NJ, NY, PA
EDUCATION
  • Bachelor of Arts Degree – Rutgers University (2002)
AFFILIATIONS & HONORS
  • Member, Editorial Advisory Committee, Mobility Magazine, 2009-2010
  • Member, New Member Council, Relocation Appraisers and Consultants, 2008- Present
  • Appraisal Institute (AI) General Associate Member, 2008 - Present
  • Worldwide Employee Relocation Council (ERC) Member, 2008 – Present
  • Relocation Appraisers and Consultants (RAC) Member, 2007 – Present
  • National Association of Realtors (NAR) Member, 2004 – Present
  • NJ League of Municipalities – Speaker on Transit Oriented Redevelopment

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