Mixed Use Investment Property

331 Centennial Avenue, Cranford, NJ 07016

  • For Sale $1,575,000
  • Property Type Industrial - Flex - Industrial
  • Property Size 15,750 SF
  • Units 20
  • Lot Size 0.52 Acre
  • Year Built 1910
  • Year Renovated 2018
  • Date Updated Jul 22, 2025
  • HVAC None
Located within walking distance of desirable downtown and in close proximity to Garden State Park and Cranford train station.99% occupied investment property consisting of storage, warehouse, office and residential use
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Highlights

  • 12 storage tenants, 4 warehouse tenants, 2 office tenants and 2 residential tenants
  • 20 parking spaces
  • First time offered by original builder/owner
  • One drive-in door (8'W x 11'H)
  • Priced below market value at $15.75 SF
  • Real Estate Taxes - $44,144.85 (2025)
  • Strong NOI of +$110,000

Contacts

broker
Brian Murphy

Sitar Realty Company

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable

  • Bike Score ®

    68/100 Bikeable
Powered by Walk Score ®
  • City Cranford, NJ
  • Zip Code 07016
  • Market New Jersey

Points of Interest

  • Avenel

    5.05 miles

  • North Elizabeth

    5.09 miles

  • Metropark

    5.93 miles

  • Terminal A

    6.03 miles

  • Taxi Newark Airport

    6.21 miles

  • P3

    6.26 miles

  • Woodbridge

    6.54 miles

  • Newark Liberty Airport

    6.63 miles

  • P4

    6.73 miles

  • Plainfield

    6.96 miles

  • Conoco

    0.13 miles

  • Exxon

    0.46 miles

  • Greenspot

    0.47 miles

  • Delta

    0.62 miles

  • Sunoco

    0.64 miles

  • QuickChek

    0.66 miles

  • Tesla Supercharger

    0.69 miles

  • Express Fuel

    0.78 miles

  • Citgo

    0.86 miles

  • Fuel 1

    1.65 miles

  • School Parking

    0.31 miles

  • Cranford Train Parking

    0.59 miles

  • Town Hall Parking

    0.64 miles

  • Cleveland Plaza Parking

    0.73 miles

  • Cranford Square Parking

    0.76 miles

  • SMS Parking

    0.82 miles

  • Orange Avenue Pool Parking

    1.49 miles

  • Wasai

    0.09 miles

  • 100 Steps

    0.11 miles

  • East Wok

    0.11 miles

  • Calabria

    0.13 miles

  • Concession Stand

    0.28 miles

  • Triestina Ristorante

    0.32 miles

  • River and Rail

    0.51 miles

  • Ciao Bello

    0.53 miles

  • Dunkin'

    0.60 miles

  • Dairy Queen

    0.60 miles

  • Lidl

    1.15 miles

  • Seabra Foods

    1.19 miles

  • Whole Foods Market

    1.36 miles

  • Kings

    1.45 miles

  • ShopRite

    1.53 miles

  • Target

    1.67 miles

  • Marshalls

    1.69 miles

  • Express Supermarket

    1.84 miles

  • Clarktown Shoping Center

    1.86 miles

  • Acme

    1.86 miles

  • Cranford PD

    0.64 miles

  • Cranford Fire Department

    0.65 miles

  • Bell's Pharmacy

    0.68 miles

  • Barron's Drugs

    0.75 miles

  • Walgreens

    0.89 miles

  • Rite Aid

    1.53 miles

  • Garwood Police

    1.63 miles

  • Garwood Volunteer Fire Station

    1.65 miles

  • Clark Fire HQ

    1.69 miles

  • Roselle Police Department

    1.72 miles

Frequently Asked Questions

How much does Mixed Use Investment Property cost?

The space currently listed for sale at Mixed Use Investment Property asks for $1,575,000.

What is the total square footage of Mixed Use Investment Property?

Mixed Use Investment Property totals 15,750 square feet.

When was this property built?

Mixed Use Investment Property was built in 1910.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Brian Murphy

Sitar Realty Company

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