Two-Family Residential Income
For Sale
$899,999
Pending
109 Centennial Ave, Cranford, NJ 07016
Two-unit home with separate utilities, central air, and forced-hot-air heating, plus a fenced private yard and off-street parking.
Property SizeContact for details
Lot Size0.22 Acres
Days on Market131
Property Features for 109 Centennial Ave
General Information
Standard status
Pending
Total Parking Spaces
6
Lot size
0.22 Acres
Property subtype
Multi Family
Additional Details
Fenced Yard
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$19,932
Amenities
hardwood floors
central air conditioning
forced hot air heating
fenced backyard
patio
attached 2-car garage
Building Details
Year Built
1973
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
GARDEN STATE REALTY GROUP, LLC
Listed By:
JASON DEMERA
(201) 653-3335
Source:
Elliman
Added: Jun 16
Changed: Oct 22
Last Checked: Oct 23 at 10:04AM
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 GARDEN STATE REALTY GROUP, LLC
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Investment Insights
Based on property information with market context.
This two-family residential income property was built in 1973 and offers two distinct units spread across two stories, for a total of 6 bedrooms and 2 bathrooms. Interior features include hardwood floors on the first floor and smart floor covering choices on the second floor, along with sunlit living spaces. The home also includes a full, partially finished walk-out basement. Mechanicals are fully separate for each unit, with two central air units and two natural gas forced-air furnaces.
Outside, the property sits on a level lot with a fully fenced private backyard, patio, and attached 2-car garage. Off-street parking is provided by a deep asphalt driveway with exclusive parking for up to 6 cars. Access is convenient to downtown Cranford, shopping plazas, and the NJ Transit train station, described as about a 9-minute walk (0.5 miles).
Outside, the property sits on a level lot with a fully fenced private backyard, patio, and attached 2-car garage. Off-street parking is provided by a deep asphalt driveway with exclusive parking for up to 6 cars. Access is convenient to downtown Cranford, shopping plazas, and the NJ Transit train station, described as about a 9-minute walk (0.5 miles).
Key Highlights
- Built in 1973, two‑family home with 2 units across 2 stories and a total of 6 bedrooms and 2 bathrooms
- Fully separate utilities with 2 central air units and 2 natural gas forced‑air furnaces
- 9,583 sq. ft. level lot with fully fenced private backyard plus patio
Property Analytics
Who owns this building?
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Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,746
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit home with separate utilities, central air, and forced-hot-air heating, plus a fenced private yard and off-street parking.
Where is this duplex located?
The property is located at 109 Centennial Ave Cranford, NJ.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: Built in 1973, two‑family home with 2 units across 2 stories and a total of 6 bedrooms and 2 bathrooms; Fully separate utilities with 2 central air units and 2 natural gas forced‑air furnaces; 9,583 sq. ft. level lot with fully fenced private backyard plus patio
