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    Cranford, NJ Banks for Sale

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    Bank of America Ground Lease
    Updated: Mar 11
    Bank of America Ground Lease

    101 South Ave, Cranford, NJ 07016

    $4,259,000
    4,050 sqft 0.47 AC lot
    Bank of America Long Term Ground Lease with A-/Stable Credit Rating
    $319,440 NOI with a 7.50% Cap Rate
    High Traffic Location: 30,000 Vehicles Per Day at Signalized Intersection
    Strong Demographics: Over 461,000 People Within 5 Miles and $167K+ Average Household Income
    Double Drive‑Through Lanes
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    Bank of America Ground Lease
    Updated: Sep 25, 2025
    Bank of America Ground Lease

    101 South Ave, Cranford, NJ 07016

    $3,990,000
    4,050 sqft 0.47 AC lot
    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 7 Potential Opportunities for your consideration. Besides 2 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 Commercial Asset with Drive-Thru
    Standalone Commercial Asset with Drive-Thru

    257 New Dorp Ln, Staten Island, NY 10306

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

    Former bank building in Staten Island's New Dorp business corridor.

    View details
    Freestanding Bank Building with Parking
    Freestanding Bank Building with Parking

    36 Middlesex Avenue, Metuchen, NJ 08840

    Contact for pricing
    2,943 sqft 0.54 AC lot

    Brick bank building with central air and flat roof, featuring a partial basement and on-site parking lot.

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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.

    View details
    Former Flagstar Bank Building
    Former Flagstar Bank Building

    1214 Castleton Ave, Staten Island, NY 10310

    Contact for pricing
    12,000 sqft 0.85 AC lot

    Vacant two-story former Flagstar Bank on two adjacent lots with substantial rear parking.

    View details

    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

    $475,000
    Estimated value
    3,120 sqft 0.64 AC lot
    View details

    Cranford, NJ Banks Market Trends and Statistics

    Explore 3 banks for sale in Cranford, NJ on our real estate platform. These investment opportunities span a total of 8,100 square feet of properties for sale, with an estimated market value of $8,249,000.

    Sale prices for bank buildings in Cranford, NJ start at $3,990,000, averaging $4,124,500, and reaching up to $4,259,000 — 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 2
    Shopping centers 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 $4.1M

    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)

    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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