Population: 23,838 · Density: 1,939.5/mi² · Median household income: $152,941
Typical home value: $606,893 · Homeownership: 78.5%
Data as of January 2026. Source: Realtor.com.
The CRANFORD, NJ real estate market (07016) currently shows 27 active listings, with 18 pending sales. Homes are averaging 19 days on the market before going under contract.
Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 19 days on market compared to 17 days last year.
The median listing price has fallen 15.4% year-over-year, from $756,000 to $639,500.
Whether you are buying or selling in CRANFORD, NJ, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07016 | Cranford, NJ 07016 | 0.0 mi | 27 | $17,990,316 | $639,500 | $666,308 |
| 07033 | Kenilworth, NJ 07033 | 1.7 mi | 17 | $11,400,659 | $649,999 | $670,627 |
| 07090 | Westfield, NJ 07090 | 2.1 mi | 31 | $39,987,954 | $1,223,940 | $1,289,934 |
| 07066 | Clark, NJ 07066 | 2.6 mi | 24 | $18,987,048 | $675,000 | $791,127 |
| 07081 | Springfield, NJ 07081 | 3.2 mi | 26 | $15,034,578 | $599,000 | $578,253 |
| 07065 | Rahway, NJ 07065 | 3.6 mi | 54 | $29,794,014 | $550,000 | $551,741 |
| 07076 | Scotch Plains, NJ 07076 | 4.0 mi | 43 | $46,270,967 | $923,750 | $1,076,069 |
| 07088 | Vauxhall, NJ 07088 | 4.4 mi | 7 | $3,300,381 | $422,500 | $471,483 |
| 07067 | Colonia, NJ 07067 | 4.5 mi | 35 | $33,269,775 | $749,250 | $950,565 |
| 07041 | Millburn, NJ 07041 | 4.6 mi | 9 | $9,526,500 | $1,200,000 | $1,058,500 |
| 07901 | Summit, NJ 07901 | 5.2 mi | 19 | $34,791,185 | $1,300,000 | $1,831,115 |
| 07040 | Maplewood, NJ 07040 | 5.5 mi | 29 | $21,809,189 | $649,500 | $752,041 |
| 07974 | New Providence, NJ 07974 | 5.9 mi | 12 | $16,739,700 | $1,550,000 | $1,394,975 |
As of January 2026, there are 27 active listings in CRANFORD, NJ (zip code 07016), compared to 23 the prior year.
The median listing price in CRANFORD, NJ 07016 is $639,500 as of January 2026, a 15.4% decrease from $756,000 the prior year.
Homes in CRANFORD, NJ 07016 spend an average of 19 days on the market before going under contract, compared to 17 days the prior year.
Based on current inventory and days-on-market data as of January 2026, CRANFORD, NJ 07016 is currently a Buyer's Market. Inventory has increased compared to last year, with 4 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 19 days on market compared to 17 days last year.
With SELL123.com's maximum 3% commission, sellers in CRANFORD, NJ 07016 save an estimated $12,790 compared to a typical 5% commission on the median listing price of $639,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.