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Renovated Third-Floor Office Space
New
For Lease
$1,800/Mo

107 South Ave, Cranford, NJ 07016

The office occupies a downtown building near shops, restaurants, and transportation, with rear parking for tenants and visitors.

Space Size1,100 SF
Days on Market2

Property Features for 107 South Ave

General Information

Standard status Active
Size 1,100 SF
Net Rentable 1,100 SF
Property subtype Commercial

Space & Availability

Available Space 1,100 SF
Contiguous Space 1,100 SF
Floor 3
Space Use Office
Condition Renovated

Taxes and HOA fees

Annual Taxes $29,476

Amenities

rear parking

Building Details

Year Built 1966
Listed By: CHRISTIAN COBO
Source: Elliman
Added: Nov 1 Last Checked: Nov 1 at 3:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CHRISTIAN COBO

Rey
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Investment Insights

Based on property information with market context.

This 1,100-square-foot office suite is located on the third floor of a building constructed in 1966. The space has been renovated and includes rear parking for tenants and visitors.

The property is at 107 South Ave in Downtown Cranford, near shops, restaurants, and transportation. Its third-floor position and on-site rear parking are practical features for office occupants and their clients.

Key Highlights

  • 1,100‑square‑foot third‑floor office suite
  • Renovated office space in a building constructed in 1966
  • Rear parking available for tenants and clients

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Procura Management Inc Physician Faller Co Llc Bank

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Grocery & Convenience Store Daycare Center Garden Center Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.95 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,443
Businesses Nearby

Demographics for 07016, NJ

23,827
Population
9,619
Households
2.5
Avg Household Size
42
Median Age
65%
College-Educated
97%
High-School Grad
4.7 sq mi
ZIP Area
5,070
Density / Sq Mi
$148,629
Median Household Income
$84,980
Median Earnings
$2,116
Median Rent
$635,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Cranford, NJ

$26.75 /SF/Yr
Avg Asking Price
$21.82–$33 /SF/Yr
Price Range
4,343 SF
Avg Space Size

This space is priced 27% below the average of $26.75 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - The office occupies a downtown building near shops, restaurants, and transportation, with rear parking for tenants and visitors.
Where is this office unit located?
The property is located at 107 South Ave Cranford, NJ.
What is the lease rate?
The lease rate is $1,800/Mo.
What are key features of this property?
This property features: 1,100‑square‑foot third‑floor office suite; Renovated office space in a building constructed in 1966; Rear parking available for tenants and clients
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