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Two-Unit Duplex with Garage
New
For Sale
$795,000

120 Elm St, Cranford, NJ 07016

Separate apartments offer eat-in kitchens, formal dining rooms, and basement storage within a flexible residential income property.

Property SizeContact for details
Lot Size0.20 Acres
Days on Market4

Property Features for 120 Elm St

General Information

Standard status Active
Total Parking Spaces 8
Lot size 0.20 Acres
Property subtype Multi Family

Property Condition

Severity Minor
Evidence ready for your personal updates and improvements

Units

Unit Mix 2BR/1BA, 2BR+office/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $12,691

Building Details

Year Built 1915
Buildings 1
Units 2
Listing Agency:
Listed By: JOCELYNE HOLDEN
Source: Elliman
Added: Aug 14 Changed: Aug 15 Last Checked: Aug 16 at 5:51AM

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 JOCELYNE HOLDEN

Investment Insights

Based on property information with market context.

This two-unit duplex provides distinct apartments with practical layouts and room for updates. The first-floor residence includes 2 bedrooms, 1 full bathroom, an eat-in kitchen, living room, and formal dining room. Upstairs, the second apartment has 2 bedrooms, an office/bedroom, 1 full bathroom, an eat-in kitchen, living room, and formal dining room.

The 8,693 sq. ft. property also includes a full basement with storage and utility areas, along with an unfinished attic that may support future expansion or additional living space. A detached two-car garage and a long driveway with parking for approximately 6 vehicles add useful site improvements. The home was built in 1915 and is located near downtown Cranford, the train station, parks, restaurants, and schools. WalkScore is 78 and bikeScore is 61.

Key Highlights

  • Two separate apartments with 2 bedrooms and 1 full bathroom on the first floor
  • Second‑floor unit includes 2 bedrooms plus an office/bedroom
  • 8,693 sq. ft. property with full basement and unfinished attic

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Storage Facility Florist Furniture & Home Goods Locksmith Catering Service

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

Location Intelligence

Trade Area within ½ mile

1,613
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
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Frequently Asked Questions

What type of property is this?
Duplex - Separate apartments offer eat-in kitchens, formal dining rooms, and basement storage within a flexible residential income property.
Where is this duplex located?
The property is located at 120 Elm St Cranford, NJ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two separate apartments with 2 bedrooms and 1 full bathroom on the first floor; Second‑floor unit includes 2 bedrooms plus an office/bedroom; 8,693 sq. ft. property with full basement and unfinished attic
More about this property
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