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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 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.

    Corner Strip Mall For Sale
    Corner Strip Mall For Sale

    1200 Stuyvesant, Union, NJ 07083

    $3,200,000
    6,406 sqft

    Well-maintained strip mall in high-traffic location.

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    Retail Unit in Strip Mall
    Retail Unit in Strip Mall

    1300 BURNET AVE Unit 4, Union, NJ 07083

    Contact for pricing
    650 sqft

    Updated 650 sf retail unit with new flooring and fresh paint in a strip mall setting with parking.

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    Retail Strip Mall For Sale
    Retail Strip Mall For Sale

    4811 Stelton Road, South Plainfield, NJ 07080

    $4,500,000
    35,018 sqft

    Six-store retail strip mall with triple net leases.

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    Leased Six-Unit Retail Strip Mall
    Leased Six-Unit Retail Strip Mall

    4811 Stelton Road, South Plainfield, NJ 07080

    $4,500,000
    35,018 sqft

    Six leased retail units in a strip mall configuration, all under triple-net leases with 1 to 5 years remaining.

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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.

    Corner Lot in Middletown, NY
    Corner Lot in Middletown, NY

    Airport Road, Middletown, NY 10940

    $450,000
    2.90 AC lot

    Corner lot suitable for any non-residential use.

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    Prime Commercial Lot For Sale
    Prime Commercial Lot For Sale

    275 WHITE HORSE Pike, Atco, NJ 08004

    $395,000
    8,600 sqft 1.33 AC lot

    1.3-acre commercial lot with approvals for 8,600 sq. ft. building.

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    Commercial Land in Mastic, NY
    Commercial Land in Mastic, NY

    1287 Montauk Highway, Mastic, NY 11950

    $749,500
    0.31 AC lot

    Commercial land near shopping center and residential neighborhoods.

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    Commercial Land in High-Traffic Area
    Commercial Land in High-Traffic Area

    2540 CAPE HORN Road, Red Lion, PA 17356

    $850,000
    1.96 AC lot

    1.96 acre commercial land parcel in booming Red Lion, PA.

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    Cranford, NJ Strip Malls Market Trends and Statistics

    Explore 1 strip malls 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 2
    Storefront properties 2
    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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