Updated ranch, high visibility, commercial potential.
Description
Added:
Feb 3, 2025
Days on Market:
314
This meticulously updated ranch-style property at 4050 Quakerbridge Road, Lawrence, NJ, presents a unique opportunity. Currently used residentially, its NC-2 zoning allows for diverse commercial applications, including office and retail uses. Boasting excellent visibility due to its location adjacent to Costco, this 0.37-acre property offers significant advantages. The interior features a newly designed kitchen with stainless steel appliances, new countertops, and tiled flooring. A spacious eat-in kitchen area with French doors leads to a rear deck overlooking a lushly treed backyard. The living room includes a brick fireplace and recessed lighting, a feature replicated in all bedrooms. A fully updated bathroom with designer tile complements the fresh paint and new flooring throughout. Recent upgrades encompass a new HVAC system, water heater, electrical work, plumbing, microwave, sink, deck, stucco exterior, windows, sewer line, and garage improvements. The large detached garage, featuring a new concrete floor, sheetrock, garage door, and aluminum fascia, offers ample space. A finished basement includes a washer and dryer. Abundant off-street parking is available via a spacious driveway. This property's convenient Lawrenceville location provides easy access to amenities, schools, shopping, and transportation. Priced at $375,000, this move-in ready property is an exceptional investment with considerable commercial potential.
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4050 Quakerbridge Rd Lawrence, NJ 08648
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Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
Disclaimer
These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
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Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
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4050 Quakerbridge Rd Lawrence, NJ 08648
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4050 Quakerbridge Rd, Lawrence, NJ
Joe DeLorenzo
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to 4050 Quakerbridge Rd Lawrence, NJ 08648
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