Cranford, NJ Medical Office Space for sale

Updated: Oct 10, 2025

Mixed-Use Medical Office Building

198 North Avenue Unit 198, Cranford, NJ 07016

$1,790,000

5,352 sqft 0.58 AC lot

Over 5,000 SF mixed‑use property on a 140 x 180 lot with a three‑unit medical office setup
Multiple reception/desk areas plus several exam rooms across the units for a medical office layout
First‑floor unit includes reception/desk, 4 exam rooms, and a bath, plus an ADA‑focused full shower room
Second/other spaces include reception/desk and 6 exam rooms with 2 baths, plus rear reception/desk, 7 exam rooms, and a kitchen
On‑site parking for 25+ cars with open parking options

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This listing looks promising.

Here's a quick look at some key insights for

198 North Avenue Unit 198, Cranford, NJ 07016

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Est. Cap Rate

4.6%
NOI ÷ price
Est. NOI

$82K
Annual
Price @ 7% Cap

$1.17M
Suggested

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Updated: Nov 29, 2025

Medical Office with Three Suites

198 North Avenue E, Cranford, NJ 07016

$1,790,000

5,352 sqft 0.56 AC lot

Mixed‑use building on a 140 x 180 lot with 3 units and over 5,000 SF total
Parking lot with parking for more than 25 cars
First floor unit includes reception/desk plus 4 exam rooms and a first‑floor bath
Additional first‑floor/leased spaces include multiple reception/desk areas, exam rooms, and kitchens, with handicap‑accessible bathroom features
Built in 1965 with brick construction and vinyl flooring

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Cranford, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Building in Westfield

228 Saint Paul St, Westfield, NJ 07090

$1,099,000

3,000 sqft 0.23 AC lot

Mixed-use building with dental practice and apartment in Westfield.

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Three-Story Medical Office Building

114 S EUCLID AVE Unit 1, Westfield, NJ 07090

$1,250,000

3,200 sqft 0.25 AC lot

Three-story professional building with a full basement and parking lot on a quarter-acre lot.

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Mixed-Use Office and Residential Building

441-443 E Westfield Avenue, Roselle Park, NJ 07204

$999,999

5,272 sqft

Two-level building with office/medical flexibility, ample on-site parking, and zoning that allows up to three residential units.

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First-Floor Medical Office Suite

744 GALLOPING HILL RD Unit 3, Roselle Park, NJ 07204

Contact for pricing

Renovated first-floor suite with reception, multiple rooms, two private lavatories, and front-and-back entrances.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

B-B Zoned Commercial Land

729 Mountain Blvd, Watchung, NJ 07069

$449,000

Commercial land in a B-B zoning district with all utilities available in the street and multiple professional/medical permitted uses.

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Kensington Commercial Condo For Sale

428 E 9th Street, Brooklyn, NY 11218

$699,000

1,416 sqft 0.29 AC lot

New construction commercial condo in prime Kensington area.

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Commercial Land for Medical Use

351 Doctors Way, Hillsborough, NJ 08844

$2,500,000

3.29 AC lot

3.29-acre commercial land zoned for medical offices and other site-approved services.

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Harlem Development Opportunity

New York City, NY 10027

Contact for pricing

20,780 sqft 0.07 AC lot

Vacant lot in Central Harlem, ideal for community facility.

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Cranford, NJ Medical Office Space Market Trends and Statistics

Explore 2 medical office space for sale in Cranford, NJ on our real estate platform. These investment opportunities span a total of 10,704 square feet of properties for sale, with an estimated market value of $3,580,000.

Sale prices for medical spaces in Cranford, NJ average $1,790,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
07016	$1.8M

Neighborhood

Average Price

07016

$1.8M