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18 Springfield Ave #4E, Cranford, NJ, 07016

2beds
1baths
--sqft
$459,950
--price/sqft
$3,397/moest. monthly cost
$135,880/yrincome needed

About This Home

Welcome to Cranford Towers, Suite 4E This beautifully renovated two-bedroom, one-bath condominium overlooking the Rahway River is move-in ready! Step into a welcoming foyer and hallway with rich cherry hardwood floors. The spacious bedrooms and cozy living room feature plush wall-to-wall carpeting, while the kitchen and bath boast elegant ceramic tile. Freshly painted with neutral tones and new appliances, this home offers comfort and style in every corner. Don't miss this incredible opportunity! Rooms - Two Bedrooms, Bathroom, Kitchen, Foyer, Four Closets. Additional Storage - A secure storage area on the lower level. Parking - One assigned indoor parking space (tandem) and bicycle storage are included. Smoking - Cranford Towers is a non-smoking building. Smoking is not permitted in the individual condominium units, common areas, or anywhere on the premises. NOTE: The information provided is believed to be accurate and reliable. However, no warranties, expressed or implied, are made regarding its completeness, accuracy, or reliability. It is the buyer?s responsibility to independently research all information before making any decisions or purchases.

Getting Around

92
WalkingWalker's Paradise
0
TransitVery Limited Transit
60
BikeBikeable

Schools

7/10
Orange Ave SchoolGrades 3-80.8 mi
8/10
Cranford Sr High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1957

Materials

  • Roof: See Remarks
  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Carbon Monoxide Detector,Dishwasher,Microwave,Refrigerator,Self Cleaning Oven

Basement

  • Basement: None

Bedroom2

  • Level: First

Bedroom3

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: See Remarks,Natural Gas
  • Cooling features: Wall Unit(s)

Kitchen

  • Features: Eat-in Kitchen

Property

Details

  • Parcel number: 2903002620000000070000C04E
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1
  • Has view: Yes
  • View description: Lake/Water View
  • Has water view: Yes
  • Water view: Lake/Water View

Lot

  • Lot size: 435.60 sqft
  • Lot size dimensions: .0146 AC

Parking

  • Total spaces: 1
  • Parking features: Assigned,Off Street,See Remarks,Garage Door Opener,Garage,Tandem
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Inland Flooding
Winter Weather
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 $2,325$27,900
Home Insurance *$101$1,212
Property Taxes $778$9,336
Electricity $193$2,318
Total$3,397$40,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,468/yr
40% on housing$101,910/yr
45% on housing$90,586/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$456
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
2026-04-20Listed for sale$459,950
1996-06-06Sold$140,000

For Sale by Agent

AgentPatricia Gesswein
BrokerageHouwzer

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