Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

24 Franklin Ave Ridgewood, NJ 07450

OFF-MARKET
Commercial real estate
Property ID
US59-0553795
0.09 ac lot Built 2006
Last sale Apr 2001 · $175,750
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional commercial property at 24 Franklin Avenue, Unit 24, Ridgewood, NJ, presents a lucrative opportunity for a bakery or similar food-focused business. Priced at $2,000,000, this 0.09-acre property boasts a highly desirable location with excellent foot traffic and prominent street visibility, ensuring a steady stream of potential customers. The building's functional layout includes a welcoming storefront area designed to attract and engage patrons. Convenient on-site parking is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$53k
Tax billed · 2022
Assessed value · 2023$1.95M
Assessed land$360k
Assessed improvement$1.59M
Effective rate2.73%

Value estimate

· Nov 2026
$345k
$311k – $380k
AI approach$345k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$293/SF
County average, outlier-cleaned · 855 recorded sales of this use type
Observed band · Q1–Q3$197 – $418

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B2
JurisdictionBERGEN

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop10.2
Auto Parts Store9.3
Locksmith9.3

Location

24 Franklin Ave Ridgewood, NJ 07450-3204
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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
89 Maple, Ridgewood, NJ 07450-3235 $1,899,000 Dec 2025 No data
579 Franklin, Ridgewood, NJ 07450-1990 $2,350,000 Jul 2025 No data
55 Broad, Ridgewood, NJ 07450-3801 $2,500,000 Jul 2025 No data
209 Maple, Ridgewood, NJ 07450-5132 $800,000 Jul 2025 No data
9 Ridgewood, Ridgewood, NJ 07450-3807 $3,450,000 Jun 2025 No data
22 Prospect, Ridgewood, NJ 07450-4446 $1,160,000 May 2025 No data
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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 24 Franklin Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved