Multifamily

Cranford, NJ Multifamily Properties for Sale

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Garwood, NJ Roselle Park, NJ Roselle, NJ Kenilworth, NJ Linden, NJ Westfield, NJ Union, NJ Clark, NJ
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Duplex with Flexible Workspace
Updated: Sep 16
Duplex with Flexible Workspace

327 North Ave E, Cranford, NJ 07016

$799,900
0.14 AC lot
Two‑family duplex with 12 rooms and 4 bedrooms
Four finished levels with a finished basement and separate meters
Roof approximately 2 years old; new fire escape
Mixed‑use/commercial zoning subject to municipal approvals
Rear off‑street parking and access toward Elizabeth Ave. via paper road
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Duplex with Two-Car Garage
Updated: Sep 8
Duplex with Two-Car Garage

314 Lincoln Ave E, Cranford, NJ 07016

$699,000
0.19 AC lot
Two residential units: a 2‑bedroom, 1‑bath lower apartment and a 1‑bedroom, 1‑bath upper apartment
Lower unit is vacant; upper unit is rented
0.19‑acre lot with a large basement, yard, and patio
Two‑car garage and driveway
Separate utilities and laundry hookups in both apartments; washer and dryer included for each
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Two-Family Duplex with Finished Basement
Two-Family Duplex with Finished Basement

327 North Ave E, Cranford, NJ 07016

$799,900
1,916 sqft

Separate meters and off-street parking complement the property's multi-level residential layout.

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Updated Four-Unit Multifamily Property
Updated Four-Unit Multifamily Property

11 Grove St, Cranford, NJ 07016

$1,050,000

Remodeled interiors with private storage and dedicated laundry serving each residence.

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Duplex with Full Basement
Duplex with Full Basement

120 Besler Ave, Cranford, NJ 07016

$725,000

Two residential units offer separate layouts, shared basement storage, and convenient access to bus service and area amenities.

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Two-Family Residential Income Property
Two-Family Residential Income Property

109 Centennial Ave, Cranford, NJ 07016

$899,999
0.22 AC lot

Two-unit home with separate utilities, central air, and forced-hot-air heating, plus a fenced private yard and off-street parking.

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Two-Unit Duplex with Garage
Two-Unit Duplex with Garage

314 Lincoln Ave E, Cranford, NJ 07016

$699,000

Separate utilities and laundry hookups serve both apartments, with washer and dryer included in each.

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7 active listings match your search: Multifamily for sale in Cranford, NJ. Based on your search, we've also compiled 6 Potential Opportunities for your consideration: 4 properties in nearby cities and 2 land listings with development potential.

Opportunities in Nearby Cities

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

Two-Unit Duplex with Finished Basement
Two-Unit Duplex with Finished Basement

235 Dietz St, Roselle, NJ 07203

$679,000
0.11 AC lot

Both apartments offer two bedrooms, central air, hardwood flooring, and separate utilities.

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Duplex With Detached Garage
Duplex With Detached Garage

16 2nd Ave, Garwood, NJ 07027

$739,000
19,998 sqft

Each residence includes a private outdoor porch or balcony, with laundry and storage space in the shared basement.

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Renovated Two-Unit Residential Income Property
Renovated Two-Unit Residential Income Property

92 3rd Avenue, Garwood, NJ 07027

$1,050,000
2,000 sqft

Two renovated units each offer updated interiors, with separate yard access and an oversized detached two-car garage.

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Two-Unit Duplex with Full Basement
Two-Unit Duplex with Full Basement

235 Dietz St, Roselle, NJ 07203

$679,000

Separate utilities, central air, and a private backyard patio serve this income-producing residential property.

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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.

Detached Two-Family Duplex
Detached Two-Family Duplex

69 Martense Street, Brooklyn, NY 11226

$1,888,888
0.10 AC lot

Detached two-family residence with two three-bedroom apartments, a separate-entry basement, and public water and sewer service.

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Flatbush Development Property For Sale
Flatbush Development Property For Sale

14 E 32nd Street lot: 13, Brooklyn, NY 11226

$1,249,000
1,407 sqft 0.09 AC lot

40 x 100 lot with R6, C1-2 zoning.

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Cranford, NJ Multifamily Properties Market Trends and Statistics

Explore 7 multifamily properties for sale in Cranford, NJ, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 1,916 square feet of properties for sale, with an estimated market value of $5,672,799.

Sale prices for multifamily properties in Cranford, NJ start at $699,000, averaging $810,399, and reaching up to $1,050,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 6
Quadplexes 1

Demographics Overview

Population 24K
Population Growth (5Y) -0.2%
Median Household Income $148,629
College Educated 91.9%

High-Yield Neighborhoods for Investment

Identify Cranford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
07016 $844.6K

Taxes & Financing

Tax Rate (average for all types) 6.71%
Property Tax per SF $34.70 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Union County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Union County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Cranford fall within the 50,000 to 100,000 square foot range.

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