Cranford Business Park - 25 Commerce Drive, Cranford, NJ 07016 Property Information
Cranford Business Park - 25 Commerce Drive, Cranford, NJ 07016 Property Information
- General
- Owner
- Documents
- Tax
- Neighborhood
Address
| Primary address | 25 Commerce Drive, Cranford |
| Zip code | 07016 |
| County | Union |
| Municipality | Cranford Township |
| Block | 641 |
| Lot | 1 |
Sales & Tax Overview for 25 Commerce Drive, Cranford
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Sale date | 01/30/2017 |
| Sale price | $4,413,385 |
| Arm's length | Register |
| Property tax | $178,888 |
Lot & Building Information for 25 Commerce Drive, Cranford
| Building class | Office - General (560) |
| Acreage | 3.48 |
| Year built | 1972 |
| Stories | 3 |
| Exterior structural material | Register |
Zoning, Use & Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 25 Commerce Drive, Cranford
Property reports include comprehensive occupancy, improvement and development information (where available).
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- • Improvements for 25 Commerce Drive, Cranford , including their type, square footage, grade and when they were built.
- • Development maps such as planimetric, zoning, land use and urban landscape maps (building age and stories).
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About 25 Commerce Drive, Cranford
Cranford Business Park - 25 Commerce Drive, Cranford, NJ 07016 was built in 1972 and has a current tax assessor's market value of $2,468,100.
Ownership Information
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Spaces for Lease in 25 Commerce Drive, Cranford
| Listing type | For Lease |
|---|---|
| Listing date | 06/19/2020 |
| Last updated | 05/07/2026 |
AAA four story 60,000 square foot building. Masonry and glass construction.
Brokers
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Partial 4 Floor | General Office | Listing price not available | 3,404 | William O'Keefe Charles Parmelli |
| Partial 1 Floor | General Office | Listing price not available | 1,625 | William O'Keefe Charles Parmelli |
| Partial 1 Floor | General Office | $26/Sqft/Year | 3,833 | William O'Keefe Charles Parmelli |
| Partial 2 Floor | General Office | Listing price not available | 5,835 | Jerry Shifrin |
Past Sales & Property History for 25 Commerce Drive, Cranford
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Title Documents for 25 Commerce Drive, Cranford
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R: Recorded date
D: Document date
Property Taxes for 25 Commerce Drive, Cranford
Access detailed property tax data for Cranford Business Park - Cranford Business Park - 25 Commerce Drive, Cranford, NJ 07016. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025 |
| Property tax | $178,888 |
| Market value | $2,468,100 |
Assessment History for 25 Commerce Drive, Cranford
Here's the assessment & property tax history for 25 Commerce Drive, Cranford, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessment value | Total tax rate | Property tax | Year over year change |
|---|---|---|---|---|---|
| 2025 | $2,468,100 | $2,468,100 | 7.248 | $178,888 | +6.92% |
| 2024 | $2,468,100 | $2,468,100 | 6.779 | $167,312 | +1.68% |
| 2023 | $2,468,100 | $2,468,100 | 6.667 | $164,548 | +0.83% |
| 2022 | $2,468,100 | $2,468,100 | 6.612 | $163,191 | -21.91% |
| 2021 | $3,174,700 | $3,174,700 | 6.583 | $208,991 | +0.32% |
Demographics by Zip Code
| Total population | 24,074 |
| Median age | 43.4 |
| Average household income | $203,986 |
| Family households | 69.7% |
| Occupied housing units | 9,426 |
| Owner occupied units | 77.5% |
| Average number of people per household | 2.53 |
| Median year structure built | 1951 |
| Median value for units with a mortgage | $681,500 |
| Median value for units without a mortgage | $613,700 |
Risk
Create a free account to unlock extended information for 25 Commerce Drive, Cranford, including whether it's located in FEMA flood zones, floodways or special flood hazard areas, as well as the Coastal barriers resources system area (COBRA).
| FEMA flood zone(s) | X (See more on map) |
| Fire hazard zone | See more on map |
| Geohazard zones map | Register |
Transportation
Access the detailed traffic volume map for 25 Commerce Drive, Cranford to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.
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Neighbors for 25 Commerce Drive, Cranford
Here are the neighbors for Cranford Business Park - 25 Commerce Drive, Cranford.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 20 Commerce Dr, Cranford | 12/22/2016 | $30,310,000 | |
| 653 Raritan Rd, Cranford | 12/02/2022 | $122,500 | |
| 30 Commerce Dr, Cranford | 1,537 | 09/20/2021 | $430,000 |
| 50 Jackson Dr, Cranford | 7,457 | 04/14/1983 | $240,000 |
| 665-673 Raritan Rd, Cranford | 5,581 | 03/20/1979 | $75,000 |
| 27 Commerce Dr, Cranford | 12/16/2015 | $1 | |
| 651 Raritan Rd, Cranford | 696 | 06/13/2024 | $365,000 |
| 46 Jackson Dr, Cranford | 10,062 | 07/20/2022 | $2,000,000 |
| 679 Raritan Rd, Cranford | 09/15/2016 | $4,800,000 | |
| 55 Jackson Dr, Cranford | 52,300 | 01/26/2018 | $6,155,000 |
| 22 Jackson Dr, Cranford | 69,000 | 03/21/2011 | $4,300,000 |
| 655 Raritan Rd, Cranford | 2,720 | 12/20/2022 | $825,000 |
| 20 Jackson Dr, Cranford | 11,539 | 04/22/2016 | $2,700,000 |
| 677 Raritan Rd, Cranford | 09/15/2016 | $4,800,000 | |
| 7 Commerce Dr, Cranford | 57,240 | 06/14/1993 | $1,355,000 |
| 663 Raritan Rd, Cranford | 03/30/2026 | $1 | |
| 65 Jackson Dr, Cranford | 01/30/2017 | $3,708,215 | |
| 11 Commerce Dr, Cranford | 01/30/2017 | $6,225,290 | |
| 659 Raritan Rd, Cranford | 03/05/2001 | $1 | |
| 40 Jackson Dr, Cranford | 40,000 | 09/15/2016 | $4,800,000 |