20 Commerce Dr, Unit 1ST Cranford, NJ 07016
Property profile & analytics
20 Commerce Dr, Unit 1ST Cranford, NJ 07016
- Commercial real estate
- 6.36 lot acres
Property ID
US59-1291380
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Better Image Soulutions / Financial Advisor
- Creative Brothers 4 Heaven Scents LLC / (Bike/Boat/Book/etc) Store
- Gagan Luthra, Phd, LPC / Counselor
- New Jersey Lenders Corporation / Loan Service / Bank
- Gina Colabelli, Finance of America Mortgage LLC / Loan Service / Bank
Property Details for 20 Commerce Dr
- Year built
- 1991
- Construction
- STEEL FRAME
- Lot size
- 6.36 lot acres
- Property type
- Commercial real estate
- APN
- 03 00643-0000-00003- 011
- APU
- 300643000000003011
Description
This Class A, 9,797 square foot office building, renovated in 2019, is located at 20 Commerce Drive, Cranford, NJ 07016, in Union County. The property boasts 350 suites, with 5,970 square feet currently vacant, offering flexible options ranging from 10 square feet to a maximum contiguous space of 1,300 square feet. The building features convenient amenities including elevators. Its prime location in Cranford's commercial hub, near the Garden State Parkway, provides easy access to Newark International Airport and New York City. The building's energy-efficient design and attractive landscaping create a desirable work environment. Nearby amenities include restaurants, coffee shops, retail stores, and walking trails along the Rahway River. Available spaces cater to diverse needs, from single-person offices to large corporate setups, including fully furnished and equipped options, serviced offices, custom spaces, disaster recovery spaces, and day offices. A benefits program offering exclusive discounts and procurement support is also available. This landmark building, situated in the "clock tower," presents a unique opportunity for businesses seeking a prestigious and convenient location in New Jersey.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $525,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cranford
- County
- Union
- State
- New Jersey
- Longitude
- -74.2871
- Latitude
- 40.6429
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$595,080
$4,036,400
$4,963,600
$9,000,000
-
$4,036,400
$4,963,600
$9,000,000
