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    198 North Ave E Cranford, NJ 07016

    For Sale
    $1,900,000

    COMMERCIAL - Cranford, NJ

    Property size:
    5,352 SF
    Lot size:
    0.56 Acres
    Days on Market:
    15
    Last Refresh:
    Dec 13 at 6:06 pm

    Property Features for 198 North Ave E

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    03-00314-0000-00006
    Parking
    25
    Parking features
    Parking Lot, Open
    Fireplace
    1
    Basement
    Finished, Full, Walk-Out Access
    Size
    5,352 SF
    Lot size
    0.56 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1965
    Floors in Building
    2
    Flooring type
    Vinyl
    Building materials
    Brick

    Crossroads Realty Inc-Toms River (732) 920-5400

    Listing agent Karyn C Wejnert (732) 588-6444

    Listing date Nov 29, 2025

    Copyright © 2025 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property with Multiple Units

    This commercial property in Cranford, NJ, offers significant potential with three units. The first floor upper unit includes a reception/desk area and four exam rooms. The first floor rear unit features a reception/desk area, six exam rooms, two bathrooms, and a full shower room for handicapped accessibility. The rear side unit comprises a reception room/desk area, seven exam rooms, a bathroom, and a kitchen. The property offers ample parking and a large open lot next door. The interior has been renovated. The property size is 5352 square feet, situated on a 0.56-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Cranford Animal Hospital, Saul Zucker

    Location Insight

    • Map
    • Local Demand
    City
    Cranford
    County
    Union
    State
    New Jersey
    Longitude
    -74.298511
    Latitude
    40.656648

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    FAQs

    What type of property is this?
    Medical office - Commercial property featuring multiple units and ample parking.
    Where is this medical office located?
    The property is located at 198 North Ave E Cranford, NJ.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: - Three Units: Offers flexibility for various uses or rental income; - Ample Exam Rooms: A total of 17 exam rooms across the units, suitable for medical or professional offices; - Large Open Lot Next Door: Provides potential for expansion or additional parking
    (732) 588-6444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    198 North Ave E Cranford, NJ 07016
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