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Cranford Business Park - 25 Commerce Drive, Cranford, NJ 07016 Property Information

Cranford Business Park - 25 Commerce Drive, Cranford, NJ 07016 Property Information

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  • Neighborhood
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Cranford Business Park - 25 Commerce Drive, Cranford, NJ 07016
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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
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
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Zoning, Use & Area Overview

Walk Score
Transit Score
Bike Score


Zoning district
Broadband internet providers and speed map
Types of broadband connections map

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 25 Commerce Drive, Cranford

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  • • Improvements for 25 Commerce Drive, Cranford , including their type, square footage, grade and when they were built.
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About 25 Commerce Drive, Cranford

What is the year built & the current market value of Cranford Business Park - 25 Commerce Drive, Cranford, NJ 07016?

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

25 Commerce Drive
Listing type For Lease
Listing date 06/19/2020
Last updated 05/16/2026

A four story 60,000 square foot building. Masonry and glass construction.

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Brokers

William O'Keefe
Charles Parmelli
Spaces
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
Active Listings For This Property:
For Lease 25 Commerce Drive
25 Commerce Drive
25 Commerce Drive, Cranford
Property Office
Availability 4 Spaces listed / 14697 Sqft
Price $26/Sqft/Year
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Past Sales & Property History for 25 Commerce Drive, Cranford

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Purchase date Purchase price Buyer name Seller name
01/30/2017 $4,413,385
08/09/2002 $7,370,000
       
       
       
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Title Documents for 25 Commerce Drive, Cranford

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
03/06/2019 - D
03/07/2019 - R
Mortgage
03/06/2019 - D
03/07/2019 - R
Mortgage
01/30/2017 - D
02/02/2017 - R
Deed and Realty Tax Fees
08/09/2002 - D Deed and Realty Tax Fees
                   
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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

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FEMA flood zone(s) X (See more on map)
Fire hazard zone See more on map
Geohazard zones map

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

Nearby ZIP Codes for 25 Commerce Drive, Cranford

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