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Cranford, NJ Banks for Sale

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Bank of America Ground Lease
Updated: Mar 5
Bank of America Ground Lease

101 South Ave, Cranford, NJ 07016

$3,990,000
4,050 sqft
Bank of America Long Term Ground Lease with A-/Stable Credit Rating
High Traffic Location: 30,000 Vehicles Per Day at Signalized Hard Corner
Strong Financial Performance: $67M+ Deposits at This Bank of America Location
Favorable Lease Terms: Four (4) Five (5) Year Renewal Options with 20% Rent Increases
Excellent Demographics: Affluent Cranford Township with High Population Density and Income
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Cranford, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Standalone Bank Building with Drive-Through
Standalone Bank Building with Drive-Through

257 New Dorp Lane, Staten Island, NY 10306

$2,100,000
5,600 sqft 0.14 AC lot

Former bank property with a lower level, rear drive-through infrastructure, and prominent New Dorp Lane frontage.

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Freestanding Bank Building
Freestanding Bank Building

36 Middlesex Avenue, Metuchen, NJ 08840

Contact for pricing
2,943 sqft 0.54 AC lot

Brick bank building with a partial basement, parking lot, public utilities, and existing carpeting and dropped-ceiling finishes.

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Bank Building with Parking
Bank Building with Parking

36 Middlesex Avenue, Metuchen, NJ 08840

Contact for pricing
2,943 sqft

Previously a bank and available for sale, with a partial basement and ample parking for a compliant retail or dining concept.

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Mixed-Use Building with Garages
Mixed-Use Building with Garages

2-4, Staten Island, NY 10301

Contact for pricing
8,232 sqft

Two-building package combines commercial occupancy, seven two-bedroom residences, and private garage facilities under C2-1 zoning.

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Off-Market Properties in Cranford, NJ

Consider similar Off-Market properties in Cranford, NJ. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

201 Nn W Ave
FINANCIAL BUILDING

201 Nn W Ave, Cranford, NJ 07016-2126

Estimated value:
$475,000
3,120 sqft 0.64 AC lot
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Cranford, NJ Banks Market Trends and Statistics

Explore 2 banks for sale in Cranford, NJ on our real estate platform. These investment opportunities span a total of 4,050 square feet of properties for sale, with an estimated market value of $3,990,000.

Sale prices for bank buildings in Cranford, NJ average $3,990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Banks 2
Storefront properties 1

Demographics Overview

Population 24K
Population Growth (5Y) -0.2%
Median Household Income $148,629
College Educated 91.9%

High-Yield Neighborhoods for Investment

Identify Cranford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07016 $4M

Taxes & Financing

Tax Rate (average for all types) 6.71%
Property Tax per SF $34.70 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Union County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Union County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Cranford fall within the 10,000 to 25,000 square foot range.

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