Residential Income

Cranford, NJ Residential Income Properties for Sale

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Garwood, NJ Roselle, NJ Roselle Park, NJ Kenilworth, NJ Westfield, NJ Union, NJ Clark, NJ Linden, NJ
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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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.

Mixed-Use Building in Roselle Park
Mixed-Use Building in Roselle Park

511 W Westfield Ave, Roselle Park, NJ 07204

$699,000
0.04 AC lot

Spacious mixed-use building with storefront and residential apartment.

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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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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.

Buildable Lot Near Transportation
Buildable Lot Near Transportation

16 E 15Th St, Linden, NJ 07036

$260,000
0.11 AC lot

50x100 ft lot zoned for one/two-family home.

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Scotch Plains Development Opportunity
Scotch Plains Development Opportunity

401 Acacia Road, Scotch Plains, NJ 07076

$3,500,000
6.37 AC lot

6.37 acres in Scotch Plains, endless development potential.

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Land with Development Potential
Land with Development Potential

549 Jerusalem, Scotch Plains, NJ 07076

$2,400,000
1.60 AC lot

Large lot suitable for subdivision in a desirable location.

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Residential Land in Colonia, NJ
Residential Land in Colonia, NJ

14 Parson Place, Colonia, NJ 07067

$649,900
0.93 AC lot

Vacant land ready for new home construction in Colonia.

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Cranford, NJ Residential Income Properties Market Trends and Statistics

Explore 4 residential income 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 residential income 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
Multifamily properties 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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