20 Commerce DrCranford, NJ 07016
- Commercial real estate
- 6.36 AC
Property Details for 20 Commerce Dr
- Year built
- 1991
- Construction
- STEEL FRAME
- Lot size
- 6.36 AC
- Property type
- Commercial real estate
- APN
- 03 00643-0000-00003- 011
- APU
- 300643000000003011
Description
This Class A, 9,797 square foot office building, renovated in 2019, is located at 20 Commerce Drive, Cranford, NJ 07016, in Union County. The property boasts 350 suites, with 5,970 square feet currently vacant, offering flexible options ranging from 10 square feet to a maximum contiguous space of 1,300 square feet. The building features convenient amenities including elevators. Its prime location in Cranford's commercial hub, near the Garden State Parkway, provides easy access to Newark International Airport and New York City. The building's energy-efficient design and attractive landscaping create a desirable work environment. Nearby amenities include restaurants, coffee shops, retail stores, and walking trails along the Rahway River. Available spaces cater to diverse needs, from single-person offices to large corporate setups, including fully furnished and equipped options, serviced offices, custom spaces, disaster recovery spaces, and day offices. A benefits program offering exclusive discounts and procurement support is also available. This landmark building, situated in the "clock tower," presents a unique opportunity for businesses seeking a prestigious and convenient location in New Jersey.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $52,385,928
- Hospitality
- $47,985,228
- Educational
- $39,923,148
- Medical
- $41,296,164
- Retail
- $62,102,672
Location Insight
- City
- Cranford
- County
- Union
- State
- New Jersey
- Latitude
- 40.6429
- Longitude
- -74.2871
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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