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    367 Centennial Ave Cranford, NJ 07016

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    For Lease
    Contact for pricing

    Retail space available at a high-traffic intersection in Cranford.

    Property size:
    1,700 SF
    Lot size:
    0.31 Acres

    Property Features for 367 Centennial Ave

    General Information

    Size
    1,700 SF
    Lot size
    0.31 Acres

    Source: Gibraltar Management Company, Inc. Agent Scott Zelekowitz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Cranford, NJ

    This retail space is located at the intersection of Centennial Avenue and Myrtle Street. The one-story brick building includes three bays and two islands. The property is situated on a lot of approximately 0.2046 acres. Traffic counts at the intersection of Centennial Avenue and Myrtle Street reach 14,000 vehicles per day. At the intersection of Centennial Avenue and North Avenue, traffic counts are 19,500 vehicles per day. The property is located approximately 1/2 mile from the Garden State Parkway, where traffic counts at the intersection of Garden State Parkway and Centennial Avenue reach 177,673 vehicles per day. The property offers a total space of 1700 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Martinez Tire Shop ... Used Tire Shop

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Cranford
    County
    Union
    State
    New Jersey
    Longitude
    -74.2929214
    Latitude
    40.6476368

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    FAQs

    What type of property is this?
    Retail space - Retail space available at a high-traffic intersection in Cranford.
    Where is this retail space located?
    The property is located at 367 Centennial Ave Cranford, NJ.
    What are key features of this property?
    This property features: - High traffic counts: 177,673 vehicles per day at Garden State Parkway and Centennial Avenue.; - High traffic counts: 19,500 vehicles per day at the intersection of Centennial Avenue and North Avenue.; - High traffic counts: 14,000 vehicles per day at the intersection of Centennial Avenue and Myrtle Street.
    (914) 631-6200
    Request Owner's contact information
    367 Centennial Ave Cranford, NJ 07016
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    Cranford, NJ 07016
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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
    367 Centennial Ave Cranford, NJ 07016
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