Mixed Use Investment Property

For Sale

331 Centennial Avenue, Cranford, NJ 07016

This Cranford property for sale is located at 331 Centennial Avenue. The current listed sale price for Mixed Use Investment Property is $1,575,000. Mixed Use Investment Property is situated on a lot that is 0.52 acre in size.

Contacts

broker
Brian Murphy

Sitar Realty Company

Property Details

  • 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

Getting around

  • 78/100

    Walk Score ®

  • 68/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • Limo Rental

    1.11 miles

  • Super Car Wash and Quick Lube

    3.73 miles

  • Sansone Auto Mall Car Wash

    4.06 miles

  • Bayway Car Wash

    4.12 miles

  • Premier Car Wash

    4.74 miles

  • Lisa's Hand Car Wash

    5.05 miles

  • Enterprise

    5.08 miles

  • Woodbridge Car Wash

    5.74 miles

  • Payless

    5.92 miles

  • Alamo

    5.93 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Brian Murphy

Sitar Realty Company

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