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    Cranford, NJ

    Cranford, NJ Commercial Real Estate for Sale

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    13 properties
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    Mixed-Use Medical Office Building
    Updated: Oct 10, 2025
    Mixed-Use Medical Office Building

    198 North Avenue Unit 198, Cranford, NJ 07016

    $1,790,000
    5,352 sqft 0.58 AC lot
    Over 5,000 SF mixed‑use property on a 140 x 180 lot with a three‑unit medical office setup
    Multiple reception/desk areas plus several exam rooms across the units for a medical office layout
    First‑floor unit includes reception/desk, 4 exam rooms, and a bath, plus an ADA‑focused full shower room
    Second/other spaces include reception/desk and 6 exam rooms with 2 baths, plus rear reception/desk, 7 exam rooms, and a kitchen
    On‑site parking for 25+ cars with open parking options
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    This listing looks promising.

    Here's a quick look at some key insights for

    198 North Avenue Unit 198, Cranford, NJ 07016

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $82K
      Annual

    • Price @ 7% Cap

      $1.17M
      Suggested
    View Property Analytics
    Medical Office with Three Suites
    Updated: Nov 29, 2025
    Medical Office with Three Suites

    198 North Avenue E, Cranford, NJ 07016

    $1,790,000
    5,352 sqft 0.56 AC lot
    Mixed‑use building on a 140 x 180 lot with 3 units and over 5,000 SF total
    Parking lot with parking for more than 25 cars
    First floor unit includes reception/desk plus 4 exam rooms and a first‑floor bath
    Additional first‑floor/leased spaces include multiple reception/desk areas, exam rooms, and kitchens, with handicap‑accessible bathroom features
    Built in 1965 with brick construction and vinyl flooring
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    Bank of America Ground Lease
    Bank of America Ground Lease

    101 South Ave, Cranford, NJ 07016

    $4,259,000
    4,050 sqft 0.47 AC lot

    Long-term Bank of America ground lease in Cranford Township.

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    European-Inspired Luxury Spa Property
    European-Inspired Luxury Spa Property

    105 South Ave, Cranford, NJ 07016

    $1,300,000
    3,800 sqft

    Luxury spa with multiple open wellness spaces and a multi-floor rear townhome with private separate entrances.

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    Bank of America Ground Lease
    Bank of America Ground Lease

    101 South Ave, Cranford, NJ 07016

    $3,990,000
    4,050 sqft 0.47 AC lot

    Long-term ground lease with renewal options in affluent Cranford Township.

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    Downtown Cranford Strip For Sale
    Downtown Cranford Strip For Sale

    8 Eastman St, Cranford, NJ

    $2,750,000
    8,734 sqft 0.22 AC lot

    Fully occupied 8,734 SF strip mall in downtown Cranford.

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    Drive-Thru Restaurant Opportunity
    Drive-Thru Restaurant Opportunity

    2 Springfield Avenue, Cranford, NJ 07016

    Contact for pricing
    375 sqft 0.22 AC lot

    Drive-thru restaurant on 0.22 acres near Garden State Parkway.

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    Specialty Commercial Property
    Specialty Commercial Property

    421 Brookside Pl, Cranford, NJ 07016

    $600,000

    Specialty commercial property offered for sale with a 78 Walk Score and a 61 Bike Score.

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    Turn-Key Deli Restaurant
    Turn-Key Deli Restaurant

    15 Walnut Avenue, Cranford, NJ 07016

    $420,000

    Turn-key deli operation offered with renovated interior, newer kitchen equipment, and an established income history.

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    Industrial Specialty Property
    Industrial Specialty Property

    455 & 380 Ludlow Ave, Cranford, NJ 07016

    Contact for pricing
    12,000 sqft

    Industrial specialty property offered for sale with 12,000 SF of space.

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    Office Building for Sale
    Office Building for Sale

    190 North Avenue East, Cranford, NJ 07016

    Contact for pricing
    2,015 sqft

    Office building offered for sale with 2,015 SF of space.

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    Commercial Land Parcel
    Commercial Land Parcel

    370 North Avenue East, Cranford, NJ 07016

    Contact for pricing
    2.00 AC lot

    For-sale commercial land parcel offered at 370 North Avenue East in Cranford, NJ.

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    Industrial Specialty Property
    Industrial Specialty Property

    24 South Ave West, Cranford, NJ 07016

    Contact for pricing
    28,000 sqft

    Industrial specialty property offered for sale with approximately 28,000 SF of space.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 13 Active listings in Cranford, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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.

    Freestanding Office with Truck Parking
    Freestanding Office with Truck Parking

    26 North Ave, Garwood, NJ 07027

    Contact for pricing
    775 sqft

    Single-story renovated office building on a deep lot, suited for service professionals needing truck parking.

    View details
    Functional Commercial Property with Roll-Up
    Functional Commercial Property with Roll-Up

    222 Valley Rd, Roselle Park, NJ 07204

    $499,900
    1,400 sqft

    Versatile commercial property with roll-up door, ideal for warehousing.

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    Small Land Parcel
    Small Land Parcel

    211 South Ave., Garwood, NJ 07027

    Contact for pricing
    0.15 AC lot

    Small land parcel measuring 0.15 acres, offered for sale.

    View details
    Retail Space For Sale
    Retail Space For Sale

    570 Westfield Avenue, Roselle Park, NJ 07090

    $595,000
    1,800 sqft

    Retail space available for purchase.

    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.

    332 Centennial Ave
    COMMERCIAL (GENERAL)

    332 Centennial Ave, Cranford, NJ 07016-6105

    $790,000
    Estimated value
    0.05 AC lot
    View details
    34 Nn W Ave
    COMMERCIAL (GENERAL)

    34 Nn W Ave, Cranford, NJ 07016-2183

    Value Estimation by Request
    0.10 AC lot
    View details
    547 Lexington Ave, Unit 549
    COMMERCIAL (GENERAL)

    547 Lexington Ave, Cranford, NJ 07016-2736

    Unit 549
    $1,400,000
    Estimated value
    1.56 AC lot
    View details
    4 Centennial Ave
    COMMERCIAL (GENERAL)

    4 Centennial Ave, Cranford, NJ 07016-3149

    Value Estimation by Request
    600 sqft 0.09 AC lot
    View details
    550 South Ave
    Commercial real estate

    550 South Ave, Cranford, NJ 07016

    Value Estimation by Request
    5,192 sqft 0.45 AC lot
    View details
    550 Ss E Ave
    COMMERCIAL (GENERAL)

    550 Ss E Ave, Cranford, NJ 07016-3208

    Value Estimation by Request
    5,192 sqft 0.45 AC lot
    View details
    1170 Raritan Rd
    COMMERCIAL (GENERAL)

    1170 Raritan Rd, Cranford, NJ 07016-3328

    $1,260,000
    Estimated value
    0.56 AC lot
    View details
    33 Ss W Ave
    COMMERCIAL (GENERAL)

    33 Ss W Ave, Cranford, NJ 07016-2660

    $650,000
    Estimated value
    0.23 AC lot
    View details
    10-12 Commerce Dr, Unit 12
    COMMERCIAL (GENERAL)

    10-12 Commerce Dr, Cranford, NJ 07016-3506

    Unit 12
    $14,000,000
    Estimated value
    6.20 AC lot
    View details
    108 Ss E Ave
    PARKING LOT

    108 Ss E Ave, Cranford, NJ 07016

    Value Estimation by Request
    0.11 AC lot
    View details
    8 Eastman St
    COMMERCIAL (GENERAL)

    8 Eastman St, Cranford, NJ 07016-2289

    Value Estimation by Request
    8,146 sqft 0.22 AC lot
    View details

    Cranford, NJ Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Cranford, NJ, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 73,728 square feet of properties for sale, with an estimated market value of $16,899,000.

    Sale prices for business properties in Cranford, NJ start at $420,000, averaging $2,112,375, 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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    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 $1.8M

    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 50,000 to 100,000 square foot range.

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