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Cranford Business Park - 20 Commerce Drive
20 Commerce Drive, Cranford, NJ 07016
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- Property Type Office - General Office
- Property Size 186,813 SF
- Lot Size 6.36 Acre
- Parking Spaces Avail. 89
- Parking Ratio 0.48/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1991
- City Cranford, NJ
- Neighborhood Cranford
- Zip Code 07016
- Market New Jersey
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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Average Actual Rents in Cranford
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Cranford Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $29.00
- 2020 Office Vacancy Rate 42.68%
- 2020 Office Completions (SF)
- Property Tax in 2022 $592,470
- Market Value* $9,000,000
- Assessed Value $9,000,000
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of Cranford Business Park - 20 Commerce Drive?
Cranford Business Park - 20 Commerce Drive totals 186,813 square feet.
When was this property built?
Cranford Business Park - 20 Commerce Drive was built in 1991.
When was Cranford Business Park - 20 Commerce Drive last sold?
Cranford Business Park - 20 Commerce Drive was last sold on 30 Dec, 2016.
What is the property tax for Cranford Business Park - 20 Commerce Drive?
The property tax for Cranford Business Park - 20 Commerce Drive in 2022 was $592,470.
What is the market value for Cranford Business Park - 20 Commerce Drive?
The market value* for Cranford Business Park - 20 Commerce Drive in 2022 was $9,000,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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