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Two-Unit Duplex with Finished Basement
For Sale
$889,000

12 Carpenter Pl, Cranford, NJ 07016

MULTI_FAMILY - Cranford Twp., NJ

Property Size7,000 SF
Lot Size0.16 Acres
Price / SF$127
Days on Market10

Property Features for 12 Carpenter Pl

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI-FAMILY
Bedrooms 4
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 3, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 4, Bedroom 3, Basement
Parking 4
Patio and Porch features Deck
Interior features Carbon Monoxide Detector, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors
Exterior features Deck, Storm Door(s), Storm Window(s)
Directions Exit 137 Garden state parkway North avenue east left onto carpenter place house on left
Standard status Active
Size 7,000 SF
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 14119

Utilities

Sewer type Public Sewer
Heating system Baseboard, Electric (Heating)
Water source Public

Amenities

wood-burning fireplace
skylight
finished basement

Building Details

Year built 1907
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: PREMIER HOMES
Listed By: CONSTANTINO BOVINO
Added: Aug 4 Changed: Aug 13 Last Checked: Aug 13 at 1:06PM
MLS# 4044739

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1907 duplex contains two distinct residences within approximately 7,000 square feet. The larger unit has three bedrooms, two full bathrooms, an open living-and-kitchen area, and a wood-burning fireplace. The second offers one bedroom, one full bathroom, and an open living-and-kitchen layout with an oversized skylight. A finished two-level basement adds a full bathroom and potential for a separate entrance. The property also includes a two-car garage, a four-car driveway, a deck, and a secluded backyard on a 0.16-acre lot.

Located in Cranford Twp., the property is near downtown, major highways, and public transportation. Public water and public sewer serve the property, which is zoned MULTI-FAMILY.

Key Highlights

  • Two‑unit duplex with 3‑bedroom and 1‑bedroom residences
  • Finished two‑level basement with full bathroom and potential separate entrance
  • Approximately 7,000 square feet on a 0.16‑acre lot

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Spa & Massage Center Hair Salon Nail Salon Pharmacy Skin Care Clinic

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

853
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - MULTI-FAMILY zoning, private outdoor space, and convenient access to downtown and public transportation.
Where is this duplex located?
The property is located at 12 Carpenter Pl Cranford, NJ.
What is the asking price?
The asking price for this property is $889,000.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom and 1‑bedroom residences; Finished two‑level basement with full bathroom and potential separate entrance; Approximately 7,000 square feet on a 0.16‑acre lot
More about this property
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