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    Downtown Cranford Strip For Sale
    Updated: Dec 20, 2024
    Downtown Cranford Strip For Sale

    8 Eastman St, Cranford, NJ

    Contact for pricing
    8,734 sqft 0.22 AC lot
    A+ Downtown Location: Just a 1‑minute walk to NJ Transit, at a signalized intersection with high visibility (15,600 VPD).
    100% Occupied Strip Center in Cranford, Union County, New Jersey.
    Strong Demographics: Over 431,000 people within 5 miles, with an average household income exceeding $167,000 within 1 mile.
    Stable Tenant Base: Features 3 pre‑Covid tenants with zero payment issues.
    Tenants Reimburse for Taxes and Insurance Expenses (Modified Gross Leases).
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Cranford, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

    Avenel Shopping Center For Sale
    Avenel Shopping Center For Sale

    1392 Saint Georges Avenue, Avenel, NJ 07001

    $3,300,000
    11,520 sqft

    Shopping center with stable tenants and long-term leases.

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    B-3 Shopping Center with Parking
    B-3 Shopping Center with Parking

    1392 Saint Georges Avenue, Avenel, NJ 07001

    $3,300,000
    11,520 sqft 1.03 AC lot

    Three-tenant plaza with recent roof work, upgraded paving, and a newly installed HVAC unit.

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    100% Leased Dollar General Center
    100% Leased Dollar General Center

    140 S Plainfield Ave, South Plainfield, NJ 07080

    Contact for pricing
    30,861 sqft 2.17 AC lot

    A 100% leased shopping center anchored by Dollar General on a 2.166-acre site in South Plainfield, NJ.

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    Retail Shopping Center
    Retail Shopping Center

    131-140 Plainfield Ave, South Plainfield, NJ 07080

    Contact for pricing

    Shopping center in South Plainfield anchored by Dollar General Plaza.

    View details

    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.

    Staten Island Commercial Land Opportunity
    Staten Island Commercial Land Opportunity

    6401 Amboy Road, Staten Island, NY 10309

    $4,999,900
    1.38 AC lot

    Commercial land for sale in Staten Island, approximately 60,000 sq. ft.

    View details
    Corner Commercial Land
    Corner Commercial Land

    3803 Us 1, Dayton, NJ 08810

    $650,000
    11.50 AC lot

    Three C-3-zoned parcels occupy a corner at US 1 and Deans Road.

    View details

    Cranford, NJ Shopping Centers Market Trends and Statistics

    Explore 1 shopping centers for sale in Cranford, NJ on our real estate platform. These investment opportunities span a total of 8,734 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Banks 3
    Storefront properties 3
    Shopping centers 1

    Demographics Overview

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

    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 10,000 to 25,000 square foot range.

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    Featured Cranford Real Estate Agencies

    Realmo connects you with licensed Cranford CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Better Homes and Gardens RE Elite
    181 North Ave East Cranford, NJ 07016
    Phone: 19083168530

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