389 Walnut Ave, Cranford, NJ, 07016
About This Home
Opportunity knocks , first time offered after more than 70 years of pride in ownership! Conveniently located across from Walnut ave elementary school this .18 acre corner lot is within walking distance to award winning downtown Cranford and mass transit. This 4 level home was custom built and has a rare sunken Living room, formal Dining room, Eat in Kitchen and a Family room w/ hand crafted built-ins & coffered ceilings. There is a Primary suite with plenty of closet space, custom built-ins ,a full bath as well as 2 other bedrooms and a full hall bath. The ground level ,once used as a home office with a "true" separate entrance but is still connected to the rest of the home has tons of potential and awaits your imagination that features multiple rooms, powder room ,enclosed porch and the entrance to the garage. There is a finished basement with plenty of storage and a laundry area. Yes to central air, custom woodwork, hardwood flooring under carpet in living room, hall and primary suite, new HW heater 2025, Roof(2022), vinyl shake siding, replacement windows and more. This is not a drive by, must see, NOT IN A FLOOD ZONE.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1955
Materials
- Roof: Asphalt Shingle
- Construction materials: Composition Shingle,Stone,Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Gas Cooktop,Dishwasher,Dryer,Wall Oven(s) - Gas,Washer,Water Softener Rented,Gas Water Heater
Basement
- Features: Rec Room, Utility Room
Basement
- Has basement: Yes
- Basement: Yes,Finished,Sump Pump
Bedroom1
- Level: Second
- Area: 196
Bedroom2
- Level: Second
- Area: 121
Bedroom3
- Level: Second
- Area: 100
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Dining Room
- Features: Formal Dining Room
- Level: First
- Area: 144
Family Room
- Level: First
- Area: 224
Features
- Florida/3Season,Office,Rec Room
- Window features: Thermal Windows/Doors,Blinds,Drapes,Window Treatments
- Flooring: Carpet,Tile,Wood
Heating & Cooling
- Heating features: 1 Unit,Forced Air,Natural Gas
- Cooling features: 1 Unit,Central Air
Kitchen
- Features: Eat-in Kitchen
- Level: First
- Area: 132
Living Room
- Level: First
- Area: 234
Property
Details
- Parcel number: 2903004920000000160000
Features
- Levels: Multi/Split,Split Level
- Patio & porch: Enclosed Porch(es)
Lot
- Lot size: 7,840 sqft
- Features: Corner Lot
- Lot size dimensions: 7940 SF
Parking
- Total spaces: 2
- Parking features: 1 Car Width,Asphalt,Attached Garage,Garage Door Opener,Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
- Uncovered spaces: 2
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
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,332 | $39,984 |
| Home Insurance * | $145 | $1,740 |
| Property Taxes | $1,114 | $13,368 |
| Electricity | $193 | $2,318 |
| Total | $4,784 | $57,408 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-09 | Pending sale | $659,000 |
| 2026-04-29 | Listed for sale | $659,000 |
| 1955-09-07 | Sold | $23,000 |
For Sale by Agent
View on Zillow