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5 Willow St, Cranford, NJ, 07016

4beds
3baths
1,934sqft
$599,000
$310price/sqft
$4,386/moest. monthly cost
$175,440/yrincome needed

About This Home

Incredible Opportunity to create your dream home in the desirable North Side section of Cranford. This four bedroom Victorian home is ready for its new owners and their vision. Nestled on .23 acres, conveniently located near Transit Lines, Schools, Parks, Houses of Worship, Downtown Shopping / Dining, and much more. The first floor of this home features a spacious foyer, living room, formal dining room, kitchen, and full bathroom. This home's second level features four bedrooms and full bathroom. Walk up attic offers tremendous potential with two additional rooms and abundant storage options. The full walk out basement also provides great potential for your finishing touches, complete with half bath, utility room, and increased storage potential. Large backyard is an open palette ready to be transformed into your backyard oasis. Come and see what this home has to offer!

Getting Around

67
WalkingSomewhat Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

7/10
Orange Ave SchoolGrades 3-80.9 mi
8/10
Cranford Sr High SchoolGrades 9-120.2 mi

Construction

Condition

  • Year built: 1890

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Wood Shingle

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Range/Oven-Electric,Refrigerator,Washer,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Partially Finished,Walk-Out Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: First

Features

  • Flooring: Carpet,Laminate,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Dining Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Forced Air,Oil Tank Above Ground - Inside
  • Cooling features: 1 Unit,Central Air

Interior Area

  • Total structure area: 1,934
  • Total interior livable area: 1,934 sqft

Kitchen

  • Features: Eat-in Kitchen
  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: 2903001650000000060000
  • Exclusions: Personal Property.

Lot

  • Lot size: 10,018 sqft
  • Lot size dimensions: 9873 SF

Parking

  • Parking features: 1 Car Width,Gravel,None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Earthquake
    EarthquakeModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Ice Storm
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,028$36,336
Home Insurance *$132$1,584
Property Taxes $1,013$12,156
Electricity $213$2,558
Total$4,386$52,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$150,377/yr
40% on housing$131,580/yr
45% on housing$116,960/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$310This listing

vs Other Active Listings

Avg $/sqft

ZIP 07016$454
Union County$380

vs Homes Sold Last Month

Median $/sqft

ZIP 07016$470
Union County$416

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-10Pending sale$599,000
2026-04-18Listed for sale$599,000
1977-09-28Sold$56,000

For Sale by Agent

AgentCarlo Fazio
BrokerageRe/Max Select

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