Data as of September 2026. Source: Realtor.com.
The CRANFORD, NJ real estate market (07016) currently shows 55 active listings, with 28 pending sales. Homes are averaging 21 days on the market before going under contract.
Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice.
Homes are selling faster, averaging 21 days on market compared to 26 days last year.
The median listing price has fallen 8.2% year-over-year, from $783,125 to $718,750.
Population: 23,838 · Density: 1,939.5/mi² · Median household income: $152,941
Typical home value: $606,893 · Homeownership: 78.5%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 07016 | Cranford, NJ 07016 | 0.0 mi | 27 | $25,139,700 | $777,000 | $931,100 |
| 07033 | Kenilworth, NJ 07033 | 1.7 mi | 16 | $11,830,576 | $724,500 | $739,411 |
| 07090 | Westfield, NJ 07090 | 2.1 mi | 43 | $63,194,477 | $1,274,470 | $1,469,639 |
| 07066 | Clark, NJ 07066 | 2.6 mi | 20 | $14,621,840 | $675,000 | $731,092 |
| 07081 | Springfield, NJ 07081 | 3.2 mi | 24 | $13,936,152 | $652,200 | $580,673 |
| 07065 | Rahway, NJ 07065 | 3.6 mi | 66 | $36,714,084 | $550,000 | $556,274 |
| 07076 | Scotch Plains, NJ 07076 | 4.0 mi | 49 | $50,033,949 | $980,356 | $1,021,101 |
| 07088 | Vauxhall, NJ 07088 | 4.4 mi | 7 | $3,209,500 | $424,500 | $458,500 |
| 07067 | Colonia, NJ 07067 | 4.5 mi | 40 | $36,143,840 | $724,500 | $903,596 |
| 07041 | Millburn, NJ 07041 | 4.6 mi | 17 | $25,779,106 | $1,583,750 | $1,516,418 |
| 07901 | Summit, NJ 07901 | 5.2 mi | 28 | $45,032,848 | $1,431,250 | $1,608,316 |
| 07040 | Maplewood, NJ 07040 | 5.5 mi | 31 | $18,743,964 | $498,950 | $604,644 |
| 07974 | New Providence, NJ 07974 | 5.9 mi | 18 | $24,046,020 | $1,450,000 | $1,335,890 |
As of September 2026, there are 55 active listings in CRANFORD, NJ (zip code 07016), compared to 34 the prior year.
The median listing price in CRANFORD, NJ 07016 is $718,750 as of September 2026, a 8.2% decrease from $783,125 the prior year.
Homes in CRANFORD, NJ 07016 spend an average of 21 days on the market before going under contract, compared to 26 days the prior year.
Based on current inventory and days-on-market data as of September 2026, CRANFORD, NJ 07016 is currently a Balanced Market. Inventory has increased compared to last year, with 21 more homes available — giving buyers more choice. Homes are selling faster, averaging 21 days on market compared to 26 days last year.
With SELL123.com's maximum 3% commission, sellers in CRANFORD, NJ 07016 save an estimated $14,375 compared to a typical 5% commission on the median listing price of $718,750. 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.