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187 North Ave, Cranford, NJ, 07016

4beds
3.1baths
0sqft
$1,125,000
--price/sqft
$8,032/moest. monthly cost
$321,280/yrincome needed

About This Home

A rare opportunity in highly sought-after Cranford Twp.! This beautifully renovated multi-family home offers exceptional versatility, extensive upgrades, and an ideal location perfect for Owner-occupants or investors Featuring two separate units with a combined 4 bedrooms and 3.5 bathrooms, this thoughtfully updated property provides distinct living spaces with the comfort and feel of a well-appointed home.Bright, inviting interiors are complemented by major improvements throughout, including fully renovated bathrooms, Hardie Plank siding with low-maintenance AZEK exterior trim, a new roof, and a stunning new mahogany front porch that adds timeless curb appeal. The home also features two separate HVAC systems installed in 2021 and two tankless water heaters for added comfort and efficiency.The finished full basement provides valuable flexible space for recreation, a home office, gym, storage, or additional everyday living needs, while a newly installed French drain system offers added peace of mind. A detached 2-car garage provides convenient parking and additional storage.Ideally located minutes from vibrant Downtown Cranford, NYC-bound transportation, major highways, shopping, dining, parks, and highly regarded schools, this move-in-ready multi-family home delivers an exceptional combination of location, flexibility, and extensive upgrades a truly special opportunity in one of Union County's most desirable communities

Getting Around

82
WalkingVery Walkable
0
TransitVery Limited Transit
70
BikeVery Bikeable

Schools

--
Bloomingdale Ave SchoolGrades K-20.7 mi
8/10
Orange Ave SchoolGrades 3-80.9 mi
8/10
Cranford Sr High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1904

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Composition Siding

Notable Dates

  • Major remodel year: 2024

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Range/Oven - Gas,Refrigerator,Washer,Microwave Oven,Gas Water Heater
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Yes,Finished,French Drain,Full

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3.1
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • High Ceilings,Bedrooms,Eat-in Kitchen,Living Room,Rec Room,Eat-In Kitchen
  • Flooring: Wood

Heating & Cooling

  • Heating features: 2 Units,Forced Air,Natural Gas
  • Cooling features: 2 Units,Central Air

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 2903003120000000140000

Features

  • Patio & porch: Open Porch(es)
  • Exterior features: Curbs,Sidewalk

Lot

  • Lot size: 7,405 sqft
  • Lot size dimensions: 7200 SF

Parking

  • Total spaces: 8
  • Parking features: Additional Parking,Off Street,Detached Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Uncovered spaces: 8

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
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
Earthquake
Heat Wave
Ice Storm
Lightning
Strong Wind

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 $5,688$68,256
Home Insurance *$248$2,976
Property Taxes $1,903$22,836
Electricity $193$2,318
Total$8,032$96,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$275,382/yr
40% on housing$240,960/yr
45% on housing$214,186/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07016$443
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)

Price History

DateEventPrice
2026-07-14Listed for sale$1,125,000
2024-05-14Sold$850,000
2024-03-18Pending sale$800,000
2024-03-10Listed for sale$800,000

For Sale by Agent

AgentMelissa Gonzales
BrokerageSignature Realty Nj

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