House Prices

Centennial Village Cranford, NJ House Prices & Home Values 2026


Average Data

average house price$460,462
average size per house2081 ft²
average price per ft²219 $ / ft²

05/23/2026 - The value range (VR) for house prices in Centennial Village Cranford, NJ is $208.05/ sqft to $229.95/ sqft. An average home with 2081 sqft costs approximately $426,891 to $471,827. Cranford, NJ includes 1 ZIP codes and it is located in Union county. The lowest prices are found in ZIP 07016, while the highest are in ZIP 07016. The average price per sqare feet is $219. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Centennial Village Cranford

07016268 $ / ft²




Historical development of home values in Centennial Village Cranford

Year Estimated value (USD) Change vs. 2025
2010 $213,847 -53.6%
2011 $205,577 -55.4%
2012 $205,024 -55.5%
2013 $212,687 -53.8%
2014 $223,263 -51.5%
2015 $234,722 -49.0%
2016 $246,971 -46.4%
2017 $260,301 -43.5%
2018 $274,692 -40.3%
2019 $287,429 -37.6%
2020 $302,288 -34.4%
2021 $343,819 -25.3%
2022 $400,816 -13.0%
2023 $422,679 -8.2%
2024 $447,132 -2.9%
2025 $460,462 0.0%

Graph: estimated home values in Centennial Village Cranford over time (USD)



Example: 100% financing house in Centennial Village Cranford

Loan amount: $460,462

Interest rate: 5.92%

Fixed monthly payment: $2,735.88

Breakdown in the 1st month:
Interest portion: $2,270.08  –  Principal portion: $465.81

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $27,086.85 $5,743.76 $454,718.24
2 $26,737.68 $6,092.93 $448,625.31
3 $26,367.29 $6,463.32 $442,161.98
4 $25,974.38 $6,856.23 $435,305.75
5 $25,557.58 $7,273.03 $428,032.72
6 $25,115.45 $7,715.16 $420,317.56
7 $24,646.44 $8,184.17 $412,133.38
8 $24,148.91 $8,681.70 $403,451.69
9 $23,621.15 $9,209.46 $394,242.22
10 $23,061.30 $9,769.31 $384,472.91
11 $22,467.41 $10,363.20 $374,109.71
12 $21,837.43 $10,993.18 $363,116.53
13 $21,169.14 $11,661.47 $351,455.06
14 $20,460.23 $12,370.38 $339,084.68
15 $19,708.23 $13,122.38 $325,962.30
16 $18,910.51 $13,920.10 $312,042.19
17 $18,064.29 $14,766.32 $297,275.87
18 $17,166.64 $15,663.97 $281,611.90
19 $16,214.41 $16,616.20 $264,995.70
20 $15,204.30 $17,626.31 $247,369.39
21 $14,132.78 $18,697.83 $228,671.56
22 $12,996.13 $19,834.48 $208,837.08
23 $11,790.37 $21,040.24 $187,796.84
24 $10,511.32 $22,319.29 $165,477.55
25 $9,154.51 $23,676.10 $141,801.46
26 $7,715.23 $25,115.38 $116,686.07
27 $6,188.44 $26,642.17 $90,043.91
28 $4,568.84 $28,261.77 $61,782.14
29 $2,850.79 $29,979.82 $31,802.32
30 $1,028.29 $31,802.32 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Centennial Village Cranford, NJ


1500 sqft3900 sqft
Ø selling price$391,921$833,722
Ø fast selling$356,292$750,350
Ø high price sale$427,550$917,094

In 2026, houses in Centennial Village Cranford, NJ will be offered at an average price of $219 per square foot. A 1,500 sqft home priced at $391,921 is 22.68% more expensive per square foot than a 3,900 sqft home priced at $833,722. Home prices in Centennial Village Cranford, NJ vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $577,192. Sellers who can wait longer may achieve a higher price of up to $705,457.


Centennial Village, Cranford, NJ: Neighborhood Guide

Overview

Centennial Village in Cranford, NJ is a vibrant neighborhood centered around the Centennial Avenue business district in Union County. Known for a small-town feel with urban convenience, the area blends locally owned shops, services, and eateries with tree-lined residential blocks. Its walkable layout and friendly sidewalks make day-to-day errands and coffee runs easy for residents and visitors, and it sits just a short hop from downtown Cranford.

Lifestyle and Amenities

Neighborhood staples include casual restaurants, salons, fitness studios, and essential services that create an everyday hub without leaving the community. Nearby parks, athletic fields, and the Rahway River green spaces offer opportunities for jogging, picnicking, and youth sports. Well-regarded Cranford public schools and township recreation programs add to the area?s family-friendly appeal.

Location and Transportation

Commuters value the proximity to the Cranford Station on NJ Transit?s Raritan Valley Line, placing Newark and New York connections within easy reach. Major roadways, including the Garden State Parkway and Routes 22 and 28, are accessible by a short drive for regional travel.

Real Estate and Community Vibe

Housing options around Centennial Village range from charming single-family homes to multi-family residences, offering choices for first-time buyers and downsizers alike. With periodic streetscape beautification and active civic involvement, Centennial Village continues to thrive as a welcoming, convenient, and community-focused destination in Cranford.



FAQ – Home Values in Centennial Village Cranford

What is the median home value in Centennial Village Cranford in 2026?

In 2026, the typical home value in Centennial Village Cranford is about $460,462 for an average home size of 2081 square feet. This corresponds to an average price of roughly $219 per square foot.

What is the average cost per square foot in Centennial Village Cranford?

In 2026, homes in Centennial Village Cranford sell for an average of around $219 per square foot, with a typical range between $208.05 and $229.95 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Centennial Village?

The average home size in Centennial Village Cranford is about 2081 square feet, with an estimated 2026 value around $460,462.



Neighborhoods close to Centennial Village Cranford, NJ

Elmwood East Orange, NJ155 $ / ft²
Shadyside Edgewater, NJ632 $ / ft²
Fanwood Park Historic District Fanwood, NJ272 $ / ft²
Grantwood Cliffside Park, NJ311 $ / ft²
North End Cedar Grove, NJ290 $ / ft²
West Carteret Carteret, NJ225 $ / ft²
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