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Historically Designated Mixed-Use Building
For Sale
Contact for pricing
Pending

16 North Avenue, Cranford, NJ 07016

Retail storefront with two apartments and a finished basement.

Property SizeContact for details
Days on Market143

Property Features for 16 North Avenue

General Information

Standard status Pending
Property subtype Land, Retail

Additional Details

Public Transit Yes
Multifamily Units 2

Building Details

Buildings 1
Listing Agency: COLDWELL BANKER REALTY
Listed By: Janice Good Piga
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:49PM

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 historically designated mixed-use property combines a first-floor retail storefront with two apartments on the levels above. The retail space is currently occupied by a barber shop, while the finished basement has both interior and separate exterior access. Its layout may allow the basement to serve as office or storage space connected to the retail or service operation.

The building is located at 16 North Avenue in Cranford, directly across from the Cranford train station. Restaurants and retail stores surround the property, placing the storefront within an established commercial setting. An adjacent parking lot with 21 spaces may also be available, subject to separate terms.

Key Highlights

  • Historically designated mixed‑use building
  • First‑floor retail space currently operating as a barber shop
  • Two apartments positioned above the retail storefront

Property Analytics

Current Use

Storefront properties

Suggested Use

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

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

1,635
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?
Mixed-use property - Retail storefront with two apartments and a finished basement.
Where is this mixed-use property located?
The property is located at 16 North Avenue Cranford, NJ.
What are key features of this property?
This property features: Historically designated mixed‑use building; First‑floor retail space currently operating as a barber shop; Two apartments positioned above the retail storefront
(908) 233-5555 Call to check price and availability
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