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Downtown Cranford Landmark Office Space
For Lease
$25 SF/Yr

2 North Avenue, Cranford, NJ 07016

Office space for lease in downtown Cranford landmark building.

Space Size500 SF - 2,500 SF
Property Size15,000 SF
Days on Market201

Property Features for 2 North Avenue

General Information

Standard status Active
Size 500 SF - 2,500 SF
Class B
Property subtype Office
Lease Term Gross

Building Details

Building Size 15,000 SF

Spaces For Lease

at 2 North Avenue Contact us

Suite 203 ±2,500 SF $25/SF/Yr

Size
2,500 SF
Term
Negotiable
Contact us

±500 SF on Second Floor $25/SF/Yr

Size
500 SF
Term
Negotiable
Contact us
Listing Agency: Sitar Realty Company - Corporate
Listed By: William Sitar Jr.
Source: Sitarcompany
Added: Jan 27 Changed: Aug 16 Last Checked: Aug 16 at 4:44AM

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 Sitar Realty Company - Corporate

Investment Insights

Based on property information with market context.

Office space is available for lease in a landmark building situated in downtown Cranford, at the corner of North Avenue West (Route 28) and North Union Avenue. Located in the heart of the downtown area, the property is directly across the street from the Cranford train station, offering convenient access to the Garden State Parkway. The building features hardwood floors, exposed brick, and an open plan layout, and is elevatored. Wells Fargo is located on the ground floor. The property is zoned B-1 and is adjacent to a municipal parking lot. The rental rate does not include tenant electric, which is estimated to be $2.00 per square foot. The property has a size of 15000 square feet. Tenant is responsible for utilities.

Key Highlights

  • Premier location directly across from Cranford train station in the heart of downtown.
  • Landmark 'trophy' building.
  • Open plan with hardwood floors and exposed brick.

Property Analytics

Current Use

Office Units

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

NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

943
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

Lease Benchmarks for Cranford, NJ

$23.75 /SF/Yr
Avg Asking Price
$14–$33 /SF/Yr
Price Range
5,857 SF
Avg Space Size

This space is priced 5% above the average of $23.75 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space for lease in downtown Cranford landmark building.
Where is this office units located?
The property is located at 2 North Avenue Cranford, NJ.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Premier location directly across from Cranford train station in the heart of downtown.; Landmark 'trophy' building.; Open plan with hardwood floors and exposed brick.
More about this property
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