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20 Commerce Drive, Cranford, NJ 07016 Property Information

20 Commerce Drive, Cranford, NJ 07016 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Neighborhood
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20 Commerce Drive, Cranford, NJ 07016
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Address

Primary address 20 Commerce Drive, Cranford
Zip code 07016
County Union
Municipality Cranford Township
Block 643
Lot 3.011

Sales & Tax Overview for 20 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 12/22/2016
Sale price $30,310,000
Arm's length
Property tax $610,110

Lot & Building Information for 20 Commerce Drive, Cranford

Building class Office - General (560)
Acreage 6.355
Year built 1991
Stories 4
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 20 Commerce Drive, Cranford

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  • • Improvements for 20 Commerce Drive, Cranford , including their type, square footage, grade and when they were built.
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About 20 Commerce Drive, Cranford

What is the year built & the current market value of 20 Commerce Drive, Cranford, NJ 07016?

20 Commerce Drive, Cranford, NJ 07016 was built in 1991 and has a current tax assessor's market value of $9,000,000.

Ownership Information

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Spaces for Lease in 20 Commerce Drive, Cranford

Cranford Business Park - 20 Commerce Drive
Listing type For Lease
Last updated 05/05/2026
Lot size 6.36 Acre
View Listing

Brokers

William O'Keefe
Charles Parmelli
Shawn Straka
Spaces
Suite name Space type Lease rate Available space Brokers
2nd Floor General Office Listing price not available 6,708 Alex Crane
1st Floor General Office Listing price not available 2,940 Alex Crane
20 Commerce Drive
Listing type For Lease
Listing date 06/25/2020
Last updated 05/13/2026

A four story 176,600 square foot office building with two wings connected by a 55 foot high central glass atrium lobby. This building also features a glass and pre-cast concrete facade.

View Listing

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 2,347 William O'Keefe
Charles Parmelli
Partial 2 Floor General Office Listing price not available 4,997 William O'Keefe
Charles Parmelli
Partial 2 Floor General Office Listing price not available 5,065 William O'Keefe
Charles Parmelli
Partial 1 Floor General Office $31.50/Sqft/Year 899 William O'Keefe
Charles Parmelli
Partial 1 Floor General Office $31.50/Sqft/Year 2,097 William O'Keefe
Charles Parmelli
Partial 1 Floor General Office $31.50/Sqft/Year 1,906 William O'Keefe
Charles Parmelli
Partial 1 Floor General Office $31.50/Sqft/Year 1,594 William O'Keefe
Charles Parmelli
Partial 1 Floor General Office $31.50/Sqft/Year 1,527 William O'Keefe
Charles Parmelli
Partial 1 Floor General Office $31.50/Sqft/Year 1,413 William O'Keefe
Charles Parmelli
Active Listings For This Property:
For Lease Cranford Business Park - 20 Commerce Drive
Cranford Business Park - 20 Commerce Drive
20 Commerce Drive, Cranford
Property General Office
Availability 2 Spaces listed / 9648 Sqft
Price Listing price not available
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Past Sales & Property History for 20 Commerce Drive, Cranford

Create a free account to view the complete sales history for 20 Commerce Drive, Cranford, including title documents, transfer conditions, mortgages and liens.

Purchase date Purchase price Buyer name Seller name
12/22/2016 $30,310,000
01/01/1999 $10
       
       
       
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Title Documents for 20 Commerce Drive, Cranford

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Date Type Amount Party 1 Party 2 Maturity Index Document Related documents Doc image
12/07/2020 - D
12/11/2020 - R
Mortgage
12/07/2020 - D
12/11/2020 - R
Mortgage
12/07/2020 - D
12/11/2020 - R
Mortgage
12/22/2016 - D
12/30/2016 - R
Deed and Realty Tax Fees
01/01/1999 - D Deed and Realty Tax Fees
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R: Recorded date
D: Document date

Property Taxes for 20 Commerce Drive, Cranford

Access detailed property tax data for 20 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 $610,110
Market value $9,000,000

Assessment History for 20 Commerce Drive, Cranford

Here's the assessment & property tax history for 20 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
2024 $9,000,000 $9,000,000 6.779 $610,110 +1.68%
2023 $9,000,000 $9,000,000 6.667 $600,030 +0.83%
2022 $9,000,000 $9,000,000 6.612 $595,080 -11.75%
2021 $10,242,800 $10,242,800 6.583 $674,284 +0.32%
2020 $10,242,800 $10,242,800 6.562 $672,133 +0.64%

Demographics By Zip Code

Total population 23,841
Median age 42
Average household income $196,676
Family households 68.1%
Occupied housing units 9,410
Owner occupied units 78.4%
Average number of people per household 2
Median year structure built 1951
Median value for units with a mortgage $648,700
Median value for units without a mortgage $608,800

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 20 Commerce Drive, Cranford to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity.

View daily traffic map

Neighbors for 20 Commerce Drive, Cranford

Here are the neighbors for 20 Commerce Drive, Cranford.

Address Square feet Purchase date Purchase price
30 Commerce Dr, Cranford 1,537 09/20/2021 $430,000
627 Raritan Rd, Cranford 04/14/2003 $272,950
607 Raritan Rd, Cranford 01/22/2001 $99,000
653 Raritan Rd, Cranford 12/02/2022 $122,500
50 Jackson Dr, Cranford 7,457 04/14/1983 $240,000
629 Raritan Rd, Cranford 2,188 07/21/2023 $495,200
651 Raritan Rd, Cranford 696 06/13/2024 $365,000
27 Commerce Dr, Cranford 12/16/2015 $1
25 Commerce Dr, Cranford 01/30/2017 $4,413,385
621 Raritan Rd, Cranford 03/23/2020 $265,000
22 Jackson Dr, Cranford 03/21/2011 $4,300,000
20 Jackson Dr, Cranford 11,539 04/22/2016 $2,700,000
655 Raritan Rd, Cranford 2,720 12/20/2022 $825,000
663 Raritan Rd, Cranford 01/31/2015 $585,000
32 Commerce Dr, Cranford 10/20/2025 $650,000
619 Raritan Rd, Cranford 07/11/2005 $403,000
611 Raritan Rd, Cranford 05/12/1970 $36,500
617 Raritan Rd, Cranford 1,406 01/19/2018 $358,000
615 Raritan Rd, Cranford 06/12/2017 $1
659 Raritan Rd, Cranford 03/05/2001 $1

Nearby ZIP Codes for 20 Commerce Drive, Cranford

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