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Commercial Foreclosure in Cranford, NJ

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South-ave-w-Cranford-NJ-07016
Preforeclosure

South Ave W
Cranford, NJ 07016

North-ave-e-Cranford-NJ-07016
Preforeclosure

North Ave E
Cranford, NJ 07016

| 2,245 Sq. Ft.

Lexington-ave-Cranford-NJ-07016
Preforeclosure
$516,205 EMV

Lexington Ave
Cranford, NJ 07016

Elizabeth-ave-Cranford-NJ-07016
Tax Lien

Elizabeth Ave
Cranford, NJ 07016

Eastman-st-Cranford-NJ-07016
Tax Lien

Eastman St
Cranford, NJ 07016

Commerce-dr-Cranford-NJ-07016
Tax Lien

Commerce Dr
Cranford, NJ 07016

North-avenue-east-Cranford-NJ-07016
Preforeclosure

North Avenue East
Cranford, NJ 07016

| 2,245 Sq. Ft.

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Home Value Estimator For Cranford, NJ

There are currently 3,823 real estate properties in Cranford, NJ, with a median automated valuation model (AVM) price of $544,700.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Cranford, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Cranford, NJ, is $551,129.00, with the most expensive house in Cranford, NJ, topping out at $1,185,000.00 and the cheapest home in Cranford, NJ, clocking in at $194,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Cranford, NJ!


Rent Prices In Cranford, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Cranford, NJ, is on a rollercoaster ride. The average rent price in Cranford, NJ, is $2,490.00. Indeed, when looking to rent in Cranford, NJ, you can expect to pay as little as $1,360.00 or as much as $5,840.00, with the average rent median estimated to be $2,410.00. The good news is that finding an affordable and desirable property to rent in Cranford, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Cranford, NJ

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Cranford, NJ area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Cranford, NJ and much more. Save thousands at closing with home foreclosure listings in Cranford, NJ — up to 75% off market value!


Top Reasons To Live In Cranford, NJ In 2021

Cranford is located in Union, New Jersey, with an estimated municipal population of 24,014 residents. All of the best foreclosed homes for sale in Cranford are located in the following zip code areas on Foreclosure.com: 07016. The estimated population per square kilometer (.62 miles) in Cranford is 1,917.


Cost Of Living In Cranford, NJ

So, about how much do homes cost in Cranford? The most recent median value of resident-owned homes in Cranford is 486,638. An estimated 79 percent of households in Cranford own their homes, with an average family size of 3.21. The median household income in Cranford is 129,781, with59.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Cranford, the median commute time of resident workers (in minutes) is 35.3. And last, but certainly not least, are you looking for homes to rent in Cranford? If so, the average rent price paid by renters in Cranford is 1,705, according to recent statistics.


Diversity And Demographics In Cranford, New Jersey

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Cranford, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Cranford is 42.9, split between 48 percent male versus 52 female. The percentage of residents who report being married in Cranford is 57.7, with an average family size of 3.21.

The percentage of residents who report their race in Cranford is as follows:

White 88.7%
Black / African American 2%
Asian 3.3%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.9%
Other 4%

Looking for family-friendly neighborhoods in and/or near Cranford? Or maybe you are searching for 55+ active adult communities in and/or near Cranford?

The percentage of residents who report their age in Cranford is as follows:

Under 10 12.7%
Aged 10-19 12.2%
20s 8.9%
30s 12.9%
40s 12.4%
50s 15.6%
60s 11.5%
70s 7.5%
80+ 6.2%

Best Schools In Cranford, New Jersey

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Cranford with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Cranford.


Pros And Cons Of Living In Cranford, New Jersey

How do you know that living in -- or moving to -- Cranford is right where you need to be? Perhaps you grew up in Cranford or already live nearby; therefore, the decision to buy a home in Cranford is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Cranford for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Cranford:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Cranford.


Reasons To Move To Cranford, New Jersey, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Cranford can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Cranford, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Cranford, NJ

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