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Property profile & analytics

20 Commerce Dr Cranford, NJ 07016

  • Commercial real estate
  • 6.36 lot acres
Value Estimation
Location Intelligence
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.

Current Use by Public Records

  • Better Image Soulutions / Credit Counseling Service
  • Creative Brothers 4 Heaven Scents LLC / Gift Shop
  • Gagan Luthra, Phd, LPC / Counselor
  • New Jersey Lenders Corporation / Mortgage Lender
  • Gina Colabelli, Finance of America Mortgage LLC / Mortgage Lender

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 Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

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
More about this property
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