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

    8 Eastman St, Cranford, NJ

    $2,750,000
    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 Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 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.

    Avenel Shopping Center For Sale
    Avenel Shopping Center For Sale

    1392 Saint Georges Avenue, Avenel, NJ 07001

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

    Shopping center with stable tenants and long-term leases.

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    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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    Staten Island Shopping Center For Sale
    Staten Island Shopping Center For Sale

    1267 Forest Ave, Staten Island, NY

    $9,800,000
    27,663 sqft 0.88 AC lot

    Fully occupied shopping center in Staten Island's Elm Park.

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    Arthur Kill Road Retail Opportunity
    Arthur Kill Road Retail Opportunity

    1533-1549 Arthur Kill Rd, Staten Island, NY

    $7,300,000
    17,360 sqft 2.03 AC lot

    Retail property on a busy road with parking.

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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.

    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.

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    Prime Commercial Lots in Dayton
    Prime Commercial Lots in Dayton

    3803 Us 1, Dayton, NJ 08810

    $650,000
    11.50 AC lot

    Three commercial lots totaling 11.5 acres in a prime location.

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    High-Visibility Development Land
    High-Visibility Development Land

    Allentown, NJ 08501

    $1,500,000

    8.84 acres at a signalized intersection offers straightforward highway access for approved commercial and mixed-use concepts.

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    Highway Development Land Opportunity
    Highway Development Land Opportunity

    Allentown, NJ 08501

    $1,500,000

    Nearly nine acres of highway-development zoned land at a signalized Route 539 and Route 524 intersection.

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    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, with an estimated market value of $2,750,000.

    Sale prices for plazas in Cranford, NJ start at $2,750,000, averaging $2,750,000, and reaching up to $2,750,000 — 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

    Banks 2
    Shopping centers 1
    Storefront properties 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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