House Prices

Downtown Cranford Cranford, NJ House Prices & Home Values 2026


Average Data

average house price$496,888
average size per house2246 ft²
average price per ft²236 $ / ft²

05/23/2026 - The value range (VR) for house prices in Downtown Cranford Cranford, NJ is $224.2/ sqft to $247.8/ sqft. An average home with 2246 sqft costs approximately $535,781 to $592,179. 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 $236. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Downtown Cranford Cranford

07016289 $ / ft²




Historical development of home values in Downtown Cranford Cranford

Year Estimated value (USD) Change vs. 2025
2010 $230,764 -53.6%
2011 $221,840 -55.4%
2012 $221,243 -55.5%
2013 $229,512 -53.8%
2014 $240,925 -51.5%
2015 $253,290 -49.0%
2016 $266,508 -46.4%
2017 $280,893 -43.5%
2018 $296,422 -40.3%
2019 $310,167 -37.6%
2020 $326,201 -34.4%
2021 $371,018 -25.3%
2022 $432,524 -13.0%
2023 $456,116 -8.2%
2024 $482,503 -2.9%
2025 $496,888 0.0%

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



Example: 100% financing house in Downtown Cranford Cranford

Loan amount: $496,888

Interest rate: 6.38%

Fixed monthly payment: $3,102.86

Breakdown in the 1st month:
Interest portion: $2,643.44  –  Principal portion: $459.42

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $31,557.12 $5,677.20 $491,210.80
2 $31,183.90 $6,050.42 $485,160.38
3 $30,786.13 $6,448.19 $478,712.19
4 $30,362.22 $6,872.10 $471,840.09
5 $29,910.44 $7,323.88 $464,516.21
6 $29,428.95 $7,805.37 $456,710.84
7 $28,915.82 $8,318.50 $448,392.34
8 $28,368.95 $8,865.37 $439,526.96
9 $27,786.13 $9,448.20 $430,078.77
10 $27,164.99 $10,069.33 $420,009.43
11 $26,503.01 $10,731.31 $409,278.13
12 $25,797.52 $11,436.80 $397,841.33
13 $25,045.65 $12,188.67 $385,652.65
14 $24,244.35 $12,989.97 $372,662.68
15 $23,390.37 $13,843.95 $358,818.73
16 $22,480.25 $14,754.08 $344,064.65
17 $21,510.29 $15,724.03 $328,340.62
18 $20,476.57 $16,757.75 $311,582.87
19 $19,374.89 $17,859.43 $293,723.44
20 $18,200.79 $19,033.54 $274,689.90
21 $16,949.49 $20,284.83 $254,405.07
22 $15,615.94 $21,618.38 $232,786.69
23 $14,194.71 $23,039.61 $209,747.08
24 $12,680.05 $24,554.27 $185,192.81
25 $11,065.82 $26,168.50 $159,024.31
26 $9,345.46 $27,888.86 $131,135.46
27 $7,512.01 $29,722.31 $101,413.14
28 $5,558.02 $31,676.30 $69,736.84
29 $3,475.57 $33,758.75 $35,978.10
30 $1,256.22 $35,978.10 $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 Downtown Cranford Cranford, NJ


1500 sqft3900 sqft
Ø selling price$455,754$969,513
Ø fast selling$414,322$872,562
Ø high price sale$497,186$1,066,464

In 2026, houses in Downtown Cranford Cranford, NJ will be offered at an average price of $236 per square foot. A 1,500 sqft home priced at $455,754 is 24.47% more expensive per square foot than a 3,900 sqft home priced at $969,513. Home prices in Downtown Cranford 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 $671,201. Sellers who can wait longer may achieve a higher price of up to $820,357.


Downtown Cranford, Cranford NJ Neighborhood Guide

Centered along the Rahway River, Downtown Cranford in Cranford, NJ blends small-town charm with modern convenience.
This highly regarded, walkable district features historic architecture and vibrant storefronts that anchor the community.

Lifestyle & Amenities

Locals frequent independent boutiques, cozy cafes, and acclaimed restaurants that make the area a Union County dining destination.
Seasonal community events, a farmers market, and public art keep the downtown lively year-round.
Nearby parks, riverfront paths, and the Cranford Canoe Club offer outdoor recreation steps from Main Street.

Transportation & Accessibility

The NJ Transit Cranford Station provides direct service to Newark and New York Penn Station, making Downtown Cranford a commuter favorite.
Major roadways like the Garden State Parkway and Routes 22 and 28 are easily accessible for regional travel.

Real Estate & Community

Housing options span renovated apartments, modern condos, and picturesque historic homes on tree-lined streets.
Residents appreciate well-regarded schools and a strong civic spirit that fosters a safe, family-friendly atmosphere.
Whether you?re shopping, dining, or commuting, Downtown Cranford delivers a balanced lifestyle in the heart of Cranford, NJ.



FAQ – Home Values in Downtown Cranford Cranford

What is the median home value in Downtown Cranford Cranford in 2026?

In 2026, the typical home value in Downtown Cranford Cranford is about $496,888 for an average home size of 2246 square feet. This corresponds to an average price of roughly $236 per square foot.

What is the average cost per square foot in Downtown Cranford Cranford?

In 2026, homes in Downtown Cranford Cranford sell for an average of around $236 per square foot, with a typical range between $224.2 and $247.8 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Downtown Cranford?

The average home size in Downtown Cranford Cranford is about 2246 square feet, with an estimated 2026 value around $496,888.



Neighborhoods close to Downtown Cranford 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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