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Updated Four-Unit Multifamily Property
For Sale
$1,050,000

11 Grove St, Cranford, NJ 07016

Remodeled interiors with private storage and dedicated laundry serving each residence.

Property SizeContact for details
Days on Market11

Property Features for 11 Grove St

General Information

Standard status Active
Total Parking Spaces 6
Property subtype Multi-Family
Occupancy 75%

Site & Location

Public Transit Yes
Utilities to Site Yes

Additional Details

Multifamily Units 4

Amenities

remodeled kitchens
remodeled bathrooms
generous closet space
dedicated washer and dryer
private basement storage
new attic HVAC systems
central air
separate gas, electric, and water meters
covered front porch
rear porch

Building Details

Year Built 1926
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: COLDWELL BANKER REALTY
Listed By: THOMAS JAMES BIANCO · License #407649
Source: Luminancerealty
Added: Aug 18 Changed: Aug 28 Last Checked: Aug 28 at 12:52PM

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 COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

This 1926 two-story quadplex contains four residential units, with three currently occupied and one available for an owner-occupant or additional rental use. Each unit includes a remodeled kitchen and bathroom, ample closet space, dedicated washer and dryer, and private basement storage. Two attic HVAC systems provide heating and central air, while separate gas, electric, and water meters serve each unit.

The property is located at 11 Grove St in Cranford Township, three blocks from downtown shops, restaurants, and NYC transit. Exterior features include a covered front porch, a new rear porch, and a recently repaved blacktop parking area with six off-street spaces. Additional on-street parking is also available.

Key Highlights

  • Four‑unit, two‑story multifamily property built in 1926
  • Three of four units are tenant‑occupied; the fourth is available for owner use or rental
  • Remodeled kitchens and bathrooms in every unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Furniture & Home Goods Hotel & Motel Grocery & Convenience Store Clothing & Fashion Store

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

4
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,610
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Remodeled interiors with private storage and dedicated laundry serving each residence.
Where is this quadplex located?
The property is located at 11 Grove St Cranford, NJ.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Four‑unit, two‑story multifamily property built in 1926; Three of four units are tenant‑occupied; the fourth is available for owner use or rental; Remodeled kitchens and bathrooms in every unit
More about this property
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