Mixed Use Investment Property
$1,575,000
331 Centennial Avenue, Cranford, NJ 07016
For Sale
Industrial
Flex Space
Active
Last Updated: 07/22/2025
15,750 sqft
Building Size
0.52 acres
Lot Area
Details:
Building Size: 15,750 sqft
Lot Area: 0.52 acres
Units: 20
Year Built: 1910
Floors: 2
Highlights:
- First time offered by original builder/owner
- 12 storage tenants, 4 warehouse tenants, 2 office tenants and 2 residential tenants
- 20 parking spaces
- One drive-in door (8'W x 11'H)
- Priced below market value at $15.75 SF
- Strong NOI of +$110,000
- Real Estate Taxes - $44,144.85 (2025)
Description:
99% occupied investment property consisting of storage, warehouse, office and residential use
Located within walking distance of desirable downtown and in close proximity to Garden State Park and Cranford train station.
Documents:
| Title | ||
|---|---|---|
| Cranford_331_Centennial_Ave_Investment.pdf | ||
| Cranford_331_Centennial_Ave_Investment.pdf | ||
| Cranford 331 Centennial Ave Investment |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
