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Cranford, NJ

Full City Profile · New Jersey · Union County County

3.4 /5.0
B Good
1,783 Population 5,244/sq mi density
$82,222 Median Income $66,696 per capita
$550,000 Home Value $755,915 Zillow
$2,312 Median Rent 29.7% income on rent
55°F Avg Temperature 271 sunny days/yr
116 Violent Crime/100K 1,714 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$82,222 median income, 0.6% unemployment
C+
Affordability
2.9 / 5.0
$550,000 home value, $2,312/mo rent
F
Safety
1.0 / 5.0
116 violent crimes/100K
A+
Education
5.0 / 5.0
61.2% bachelor's degree or higher

Housing Overview

Median Home Value
$550,000
95% above
US avg: $281,900
Median Rent
$2,312/mo
99% above
US avg: $1,163/mo
Homeownership Rate
34.9%
47% below US avg (65.4%)
Total Housing Units
884
Median year built: 1948

Home Value by Source

Census Median
$550,000
Zillow (ZHVI)
$755,915
Median Sale Price
$750,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

34.9%
Owner-Occupied
65.1%
Renter-Occupied
35%
65%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $2,312/mo · Zillow rent: $2,956/mo

Market Indicators (Redfin)

Median Days on Market
48 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$292

Affordability & Housing Stock

Rent Burden
29.7%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
34.9%

Complete Housing Data

Home Values

Census Median Value$550,000
Zillow Home Value (ZHVI)$755,915
Median Sale Price$750,000
Price Per Sq Ft$292

Rent

Census Median Rent$2,312
Zillow Rent (ZORI)$2,956
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market48
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold1
Price Per Sq Ft$292

Ownership & Stock

Owner-Occupied34.9%
Renter-Occupied65.1%
Homeownership Rate34.9%
Total Housing Units884
Median Year Built1948
Rent Burden29.7%