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About This Home

This 0-bedroom, 0-bathroom commercial at 101 South Ave in Cranford Twp, NJ is listed for $3,990,000 ($985 per sqft). the home offers 4,050 sqft of living space on a 0.47 acres lot.

Agent Description

UNBELIEVABLE: BANK OF AMERICA LONG TERM GROUND LEASE, 4,050 SF BANK BUILDING WITH DOUBLE DRIVE THROUGH LANES, HARD CORNER SIGNALIZED INTERSECTION IN AFFLUENT CRANFORD TOWNSHIP, UNION COUNTY LOCATION, 30K VEHICLES PER DAY, LESS THAN 1/2 MILE FROM CRANFORD NJ TRANSIT STATION, FOUR (4) FIVE (5) YEAR RENEWAL OPTIONS WITH 20% RENT INCREASES EACH OPTION,

BANK OF AMERICA (NYSE:BAC) HAS A STANDARD & POOR'S CREDIT RATING OF A-/STABLE, $67M+ DEPOSITS AT THIS LOCATION, EXCELLENT DEMOGRAPHICS WITH OVER 461K PEOPLE WITHIN 5 MILES AND AN AVERAGE HOUSEHOLD INCOME OVER$167K, EASY ACCESS TO MANY LOCAL HIGHWAYS INCLUDING 1 - 95, GARDEN STATE PARKWAY, ROUTE 22, 28, 9 AND I-78, MANY NATIONAL RETAILERS INCLUDING DUNKIN DONUTS, HOME DEPOT, SHOPRITE, McDONALDS, QUICK CHECK, WAWA AND WENDY'S, NOI: $319,440 CAP RATE: 8.00 %

Key Features

  • 0.47 acre lot

Property Details

#101

Monthly Cost Estimate

$21,339/mo

20% down · 6.5% · 30 years

Principal$2,886
Interest$17,290
Insurance$1,164

Estimates only. Actual payments may vary.

Location

101 South Ave

Cranford Twp, NJ 07016

Property Details

Flooring

CarpetLaminate

Heating

See Remarks (Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 101 South Ave is listed at $3,990,000 ($985/sqft). The estimated monthly payment is $17,290 based on 20% down at 6.5% interest.

Key features include: 0.47 acre lot.

This property is listed by Timothy Deluccia and can be reached at 9089386405 or Tim.Deluccia@foxroach.com.

TD

Timothy Deluccia

Agent at BHHS Fox & Roach Martinsville South Sales Office

(908) 938-6405

Listed by BHHS Fox & Roach Martinsville South Sales Office · View on Broker Site

MLS# 3989060· Source: listhub· Updated 249 days ago

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

101 South Ave, Cranford Twp, NJ 07016

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