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Two-Family Residential Income Property

241 North Ave Cranford, NJ 07016

241 North Ave, Cranford, NJ, 07016
$795,000
Pending
For Sale
$795,000
Pending

Oversized two-unit home with basement, attic expansion space, and off-street parking plus detached two-car garage.

Days on Market49

Property Features for 241 North Ave

General Information

Standard status
Pending
Property subtype
Multi Family

Building Details

Year Built
1900
Listing agency
Listed by GABRIELA ANDRADE
Source Elliman
Added: Jun 3 Updated: Jul 10 at 1:49PM Checked: Jul 21 at 6:49AM

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 GABRIELA ANDRADE


Investment Insights

Based on property information with market context.

This two-family residential income property sits on an oversized 8,800 square-foot lot and includes two separate apartments. The first-floor unit features two bedrooms and two full bathrooms, including a private bath in the primary bedroom, along with an eat-in kitchen, in-unit laundry, and access to a deck that overlooks the backyard. The second-floor apartment offers two bedrooms, one full bathroom, and an eat-in kitchen. Both units are part of a home with a full basement for storage and utility space, and there is also a large unfinished attic that could support future expansion or additional living area.

The property includes a newer detached two-car garage and a long driveway providing parking for approximately six vehicles. It is located just minutes from downtown Cranford, the train station, parks, restaurants, and top-rated schools.

The layout suits owner-occupant and investor scenarios, with the first-floor unit offering functional, move-in ready space while the second-floor apartment is described as needing renovation. With the attic and basement already built out for storage and potential growth, this “as-is” offering is positioned for buyers looking to personalize updates and improvements according to their plans.

Key Highlights

  • Two‑family home on an 8,800 SF lot, sold strictly as‑is
  • First‑floor unit: 2 bedrooms, 2 full bathrooms (primary with private bath), eat‑in kitchen, in‑unit laundry, deck access
  • Second‑floor unit: 2 bedrooms, 1 full bath, eat‑in kitchen; needs renovation

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center Computer & Electronic Repair Clothing & Fashion Store Pet Grooming Service Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Oversized two-unit home with basement, attic expansion space, and off-street parking plus detached two-car garage.
Where is this duplex located?
The property is located at 241 North Ave 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‑family home on an 8,800 SF lot, sold strictly as‑is; First‑floor unit: 2 bedrooms, 2 full bathrooms (primary with private bath), eat‑in kitchen, in‑unit laundry, deck access; Second‑floor unit: 2 bedrooms, 1 full bath, eat‑in kitchen; needs renovation
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