House Prices

Hanson Park area Cranford, NJ House Prices & Home Values 2026


Average Data

average house price$500,625
average size per house2263 ft²
average price per ft²238 $ / ft²

05/23/2026 - The value range (VR) for house prices in Hanson Park area Cranford, NJ is $226.1/ sqft to $249.9/ sqft. An average home with 2263 sqft costs approximately $548,505 to $606,242. 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 $238. Our analysis is based on 4 property listings.

Avergage prices by ZIP codes Hanson Park area Cranford

07016291 $ / ft²




Historical development of home values in Hanson Park area Cranford

Year Estimated value (USD) Change vs. 2025
2010 $232,499 -53.6%
2011 $223,509 -55.4%
2012 $222,907 -55.5%
2013 $231,238 -53.8%
2014 $242,737 -51.5%
2015 $255,195 -49.0%
2016 $268,513 -46.4%
2017 $283,005 -43.5%
2018 $298,651 -40.3%
2019 $312,499 -37.6%
2020 $328,654 -34.4%
2021 $373,809 -25.3%
2022 $435,777 -13.0%
2023 $459,547 -8.2%
2024 $486,132 -2.9%
2025 $500,625 0.0%

Graph: estimated home values in Hanson Park area Cranford over time (USD)



Example: 100% financing house in Hanson Park area Cranford

Loan amount: $500,625

Interest rate: 6.43%

Fixed monthly payment: $3,141.94

Breakdown in the 1st month:
Interest portion: $2,683.35  –  Principal portion: $458.59

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $32,035.04 $5,668.19 $494,956.81
2 $31,659.52 $6,043.71 $488,913.10
3 $31,259.12 $6,444.11 $482,468.98
4 $30,832.19 $6,871.04 $475,597.95
5 $30,376.98 $7,326.25 $468,271.70
6 $29,891.62 $7,811.61 $460,460.09
7 $29,374.09 $8,329.14 $452,130.96
8 $28,822.29 $8,880.94 $443,250.01
9 $28,233.92 $9,469.31 $433,780.70
10 $27,606.57 $10,096.66 $423,684.05
11 $26,937.66 $10,765.56 $412,918.48
12 $26,224.44 $11,478.79 $401,439.69
13 $25,463.97 $12,239.26 $389,200.43
14 $24,653.11 $13,050.12 $376,150.31
15 $23,788.53 $13,914.70 $362,235.62
16 $22,866.68 $14,836.55 $347,399.07
17 $21,883.75 $15,819.48 $331,579.59
18 $20,835.70 $16,867.53 $314,712.06
19 $19,718.22 $17,985.01 $296,727.06
20 $18,526.71 $19,176.52 $277,550.53
21 $17,256.25 $20,446.97 $257,103.56
22 $15,901.63 $21,801.60 $235,301.96
23 $14,457.27 $23,245.96 $212,056.00
24 $12,917.21 $24,786.02 $187,269.99
25 $11,275.13 $26,428.10 $160,841.89
26 $9,524.25 $28,178.97 $132,662.91
27 $7,657.39 $30,045.84 $102,617.07
28 $5,666.83 $32,036.39 $70,580.68
29 $3,544.41 $34,158.82 $36,421.86
30 $1,281.37 $36,421.86 $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 Hanson Park area Cranford, NJ


1500 sqft3900 sqft
Ø selling price$463,072$985,081
Ø fast selling$420,975$886,573
Ø high price sale$505,170$1,083,589

In 2026, houses in Hanson Park area Cranford, NJ will be offered at an average price of $238 per square foot. A 1,500 sqft home priced at $463,072 is 24.66% more expensive per square foot than a 3,900 sqft home priced at $985,081. Home prices in Hanson Park area 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 $681,979. Sellers who can wait longer may achieve a higher price of up to $833,530.

FAQ – Home Values in Hanson Park area Cranford

What is the median home value in Hanson Park area Cranford in 2026?

In 2026, the typical home value in Hanson Park area Cranford is about $500,625 for an average home size of 2263 square feet. This corresponds to an average price of roughly $238 per square foot.

What is the average cost per square foot in Hanson Park area Cranford?

In 2026, homes in Hanson Park area Cranford sell for an average of around $238 per square foot, with a typical range between $226.1 and $249.9 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Hanson Park area?

The average home size in Hanson Park area Cranford is about 2263 square feet, with an estimated 2026 value around $500,625.



Neighborhoods close to Hanson Park area 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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