Cranford, NJ 07016 Real Estate & Property Data

Cranford, NJ 07016 Real Estate Market Trends
Last Updated: April 18, 2024

A total of 268 residential properties have been sold over the past 12 months in 07016. With a median sales price of $685,000 in 07016 and a total of 1 foreclosures in Cranford, NJ 07016. Discover market trends and get the granular level real estate data for Cranford, NJ 07016 to keep your pulse on the housing market. Curate compelling home reports for Cranford, NJ 07016 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Cranford, NJ 07016 Real Estate Market Trends
Total Residential Properties 7,525
Total Commercial Properties 277
Avg. Home Age (Single Family Home) 79 Years
Avg. Square Feet (Single Family Home) 1,952
Total 2024 Residential Sales (year-to-date) 25
% of Homes Seriously Underwater (Q2 2024) 0.84%
Total 2023 Residential Sales 265
% of Equity Rich Homes (Q2 2024) 48.31%
Effective 2023 Property Tax 1.9%
Total Foreclosure Filings (year-to-date) 3
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Cranford, NJ 07016 Real Estate Overview

There were 268 residential properties sold in the past year in Cranford, NJ 07016. The median home value in Cranford, NJ 07016 is $653,200. There are a total of 7,525 residential properties in the 07016.

Median Sales Price i
$685,000
(Feb 2024)
+0.8%
year-over-year
y-o-y
  • February '24 Feb '24 $685,000
  • January '24 Jan '24 $690,000
  • December '23 Dec '23 $700,000
  • November '23 Nov '23 $675,000
  • October '23 Oct '23 $552,425
  • September '23 Sep '23 $725,000
  • August '23 Aug '23 $737,000
  • July '23 Jul '23 $659,750
  • June '23 Jun '23 $702,500
  • May '23 May '23 $756,500
  • April '23 Apr '23 $652,500
  • March '23 Mar '23 $721,143
Median Down Payment i
$200,000
(Feb 2024)
-9.1%
year-over-year
y-o-y
  • February '24 Feb '24 $200,000
  • January '24 Jan '24 $127,100
  • December '23 Dec '23 $165,000
  • November '23 Nov '23 $150,000
  • October '23 Oct '23 $133,400
  • September '23 Sep '23 $101,250
  • August '23 Aug '23 $160,500
  • July '23 Jul '23 $117,000
  • June '23 Jun '23 $199,800
  • May '23 May '23 $167,500
  • April '23 Apr '23 $126,100
  • March '23 Mar '23 $104,000
Number of Homes Sold i
8
(Feb 2024)
-27.3%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 17
  • December '23 Dec '23 22
  • November '23 Nov '23 21
  • October '23 Oct '23 13
  • September '23 Sep '23 23
  • August '23 Aug '23 42
  • July '23 Jul '23 28
  • June '23 Jun '23 26
  • May '23 May '23 22
  • April '23 Apr '23 14
  • March '23 Mar '23 21
Number of Purchase Loans i
8
(Feb 2024)
+14.3%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 18
  • December '23 Dec '23 12
  • November '23 Nov '23 16
  • October '23 Oct '23 9
  • September '23 Sep '23 13
  • August '23 Aug '23 32
  • July '23 Jul '23 14
  • June '23 Jun '23 21
  • May '23 May '23 16
  • April '23 Apr '23 13
  • March '23 Mar '23 15
Number of REFI Loans i
7
(Feb 2024)
+40%
year-over-year
y-o-y
  • February '24 Feb '24 7
  • January '24 Jan '24 6
  • December '23 Dec '23 7
  • November '23 Nov '23 9
  • October '23 Oct '23 11
  • September '23 Sep '23 19
  • August '23 Aug '23 22
  • July '23 Jul '23 10
  • June '23 Jun '23 7
  • May '23 May '23 8
  • April '23 Apr '23 7
  • March '23 Mar '23 2
Number of HELOC Loans i
11
(Feb 2024)
+57.1%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 7
  • December '23 Dec '23 12
  • November '23 Nov '23 16
  • October '23 Oct '23 14
  • September '23 Sep '23 8
  • August '23 Aug '23 17
  • July '23 Jul '23 6
  • June '23 Jun '23 10
  • May '23 May '23 8
  • April '23 Apr '23 15
  • March '23 Mar '23 9

Cranford, NJ 07016 Foreclosure Activity

There were a total of 1 Cranford, NJ 07016 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
-50%
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 2
  • December '23 Dec '23 3
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 3
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 2
Foreclosure Starts i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 1
  • December '23 Dec '23 3
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 2
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