Cranford, NJ Real Estate

According to census data in the year 2000 there were 8,560 housing units in Cranford. This represents a 1.8% growth from 8,405 in 1990.

Of those housing units, 8,560 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Cranford is about 82.9%. Cranford's vacancy rate, including seasonal lodging, is about 1.9%. Average household size is 2.62 people.

The majority of houses, apartments or condos in Cranford were built after 1950.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom9.70%
Two Bedrooms15.90%
Three Bedrooms42.90%
Four Bedrooms26.40%
Five Bedrooms or more4.80%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.82
Median year structure was built1949
Median Value of occupied units$233,600
Median Price asked for vacant units$240,000

Rented Homes, Apartments and Condos

Average Household Size1.69
Median year structure was built1951
Median Monthly Rent asked for vacant units$1,308

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage7.90%
Home Equity Loan10.90%
Simple Mortgage47.80%
Debt Free32.90%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.6%