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Two-Unit Duplex with Finished Basement
New
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 Market6

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 Bedroom 3, Bedroom 2, Basement, Bathroom 2, Bedroom 1, Bathroom 3, Bedroom 4, Bathroom 4, Bathroom 1
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 Electric (Heating), Baseboard
Water source Public

Amenities

wood-burning fireplace
oversized skylight
finished basement
oversized backyard

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 8 Last Checked: Aug 9 at 10:06AM
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 two-unit duplex, built in 1907, combines distinct residential layouts with additional finished space. The larger residence includes three bedrooms, two full bathrooms, an open living and kitchen area, and a wood-burning fireplace. The second unit has one bedroom, one full bathroom, and an open living and kitchen area with an oversized skylight. A finished two-level basement adds a full bathroom and may accommodate a separate entrance.

The property sits on 0.16 acres and includes a two-car garage, a four-car driveway, a deck, and a private backyard. Public water and public sewer serve the property, which is zoned MULTI-FAMILY. Downtown Cranford is a short distance away, while major highways and public transportation provide regional access.

Key Highlights

  • Two‑unit duplex with three‑bedroom and one‑bedroom residences
  • Finished two‑level basement with a full bathroom and potential separate entrance
  • 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, public utilities, and a secluded backyard complement the two-residence layout.
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 three‑bedroom and one‑bedroom residences; Finished two‑level basement with a full bathroom and potential separate entrance; 7,000 square feet on a 0.16‑acre lot
More about this property
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