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Property profile & analytics
OFF-MARKET
Turn key restaurants
158 Franklin Ave Ridgewood, NJ 07450-3206
Entity Owned
35-yr Hold
Free & Clear
Property ID
US59-0983589
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1997
Lot
0.34 ac (14,985 SF)
Zoning code
B2
APN
51 03702-0000-00003
UPID
US59-0983589
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
-
Baumgart's Café Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
K C W INC % Steven Wu · 35 yrs held
K C W INC % Steven Wu
since 1990
6 recorded transactions
Zoning & alternative use
B2 · Ridgewood, NJ
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 Ridgewood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Ridgewood 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2023Property tax & assessments
Tax year 2023
Tax billed
$59,122
Tax year 2023
Assessed value
$2,108,500
Assessed 2024
Previous assessed
$2,108,500
+0.0% YoY
Effective rate
2.80%
On assessed value
Assessed land
$850,000
Assessed improvement
$1,258,500
Land market value
$850,000
Improvement market value
$1,258,500
Total market value
$2,108,500
Applied tax rate
51.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1997
Heating
NONE
Lot
0.34 ac (14,985 SF)
Zoning code
B2
APN
51 03702-0000-00003
UPID
US59-0983589
Jurisdiction
BERGEN
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
B2 · Ridgewood, NJ
Zoning B2 · permitted uses
B2 · Ridgewood, NJ
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Ridgewood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Lot
0.34 ac
Current owner
From public records · entity-resolved
K C W INC % Steven Wu
Entity
Free & Clear · 35 yrs held
Mailing address
158 FRANKLIN AVE, RIDGEWOOD, NJ 07450-3206
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1990
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 1990
$750,000
K C W INC % Steven Wu
Unknown
Grant Deed
—
—
—
Kcw INC
—
Deed Of Trust
related
$253,923 · United Commercial Bank
—
—
Kcw INC
—
Deed Of Trust
related
$300,000 · Chinese American Bank
—
—
Kcw INC
—
Deed Of Trust
related
$750,000 · Chinese American Bank
—
—
Kcw INC
—
Deed Of Trust
related
$130,000 · East West Bank
—
—
Kcw INC
—
Deed Of Trust
related
$299,726 · United Commercial Bank
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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