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    Cranford, NJ
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    Cranford, NJ Multifamily Properties for Sale

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    Two-Unit Duplex with Finished Basement
    Updated: Aug 4
    Two-Unit Duplex with Finished Basement

    12 Carpenter Pl, Cranford, NJ 07016

    $889,000
    7,000 sqft 0.16 AC lot
    Two‑unit duplex with three‑bedroom and one‑bedroom residences
    Finished two‑level basement with a full bathroom and potential separate entrance
    7,000 square feet on a 0.16‑acre lot
    Two‑car garage and four‑car driveway
    MULTI‑FAMILY zoning with public water and public sewer
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    Two-Family Residential Income Property
    Updated: Jun 16
    Two-Family Residential Income Property

    109 Centennial Ave, Cranford, NJ 07016

    $899,999
    0.22 AC lot
    Built in 1973, two‑family home with 2 units across 2 stories and a total of 6 bedrooms and 2 bathrooms
    Fully separate utilities with 2 central air units and 2 natural gas forced‑air furnaces
    9,583 sq. ft. level lot with fully fenced private backyard plus patio
    Deep asphalt driveway with exclusive off‑street parking for up to 6 cars and an attached 2‑car garage
    Full, partially finished walk‑out basement
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    Renovated Two-Unit Multifamily Home
    Renovated Two-Unit Multifamily Home

    187 North Ave, Cranford, NJ 07016

    $1,125,000

    Renovated two-unit home with two HVAC systems, tankless water heaters, and a detached two-car garage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 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.

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

    92 3rd Ave, Garwood, NJ 07027

    $1,200,000

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

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

    119 Winslow Pl, Garwood, NJ 07027

    $729,000

    Renovated two-unit home with central AC, separate utilities, and dedicated laundry hookups for flexible owner or investor use.

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    Roselle Park Multi-Use Building
    Roselle Park Multi-Use Building

    511 Westfield Avenue West, Roselle Park, NJ 07204

    $649,000

    Multi-use building in Roselle Park with great visibility.

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    Mixed-Use Building with Restaurant
    Mixed-Use Building with Restaurant

    201 E Westfield Ave, Roselle Park, NJ 07204

    Contact for pricing

    Mixed-use corner property with two leased 2-bedroom apartments and an expansive ground-floor restaurant.

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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

    Duplex on an R7a-zoned lot with three bedrooms per unit and a semi-finished basement with separate entrance.

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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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    Land Near Camelback Resort
    Land Near Camelback Resort

    250 Big Hill Pass, Scotrun, PA 18355

    Contact for pricing
    0.18 AC lot

    Open lot near Camelback, suitable for RV, tiny home, or mobile.

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    Expansive Land Parcel in Holmes
    Expansive Land Parcel in Holmes

    545 Grape Hollow Road, Holmes, NY 12531

    $750,000
    2,480 sqft 75.32 AC lot

    75+ acre land parcel with garage near I-84.

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    Cranford, NJ Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Cranford, NJ, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 7,000 square feet of properties for sale, with an estimated market value of $3,638,999.

    Sale prices for multifamily properties in Cranford, NJ start at $725,000, averaging $909,749, and reaching up to $1,125,000 — 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 3

    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 $1M

    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)

    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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