Freestanding Building on Route
600 Lawrence Rd Lawrence Township, NJ 08648
600 Lawrence Rd, Lawrence Township, NJ, 08648
Contact for pricing
For Sale
Contact for pricing
Freestanding office building with frontage on Route 206.
Property Size3,352 SF
Price / SF$147.67
Days on Market521
Property Features for 600 Lawrence Rd
General Information
- Standard status
- Active
- Size
- 3,352 SF
- Property subtype
- Office
Building Details
- Year Built
- 1953
Listing Agency
KW Commercial/ Richardson Commercial Group
(609) 586-1000
Listed by
Steven Marusky, CCIM, GRI · License #NJ 7855828
Source
Crexi
Added: Feb 11, 2025 Checked: Jul 16 at 10:38 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial/ Richardson Commercial Group
Investment Insights
Based on property information with market context.
This is a freestanding one and partial two-story building with approximately 2,600 square feet on the first floor and approximately 752 square feet on the second floor. The building has approximately 200 feet of frontage on Route 206 in Lawrence Township. The second floor is accessible from the first floor and also has a separate entrance, allowing it to be utilized as part of the office or rented out separately.
Key Highlights
- High visibility with 200± feet of frontage on Route 206.
- Free‑standing building offering independence and control.
- Total of 3,352+/- square feet of usable space (2,600+/- sq ft on the first floor and 752+/- sq ft on the second floor).
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.1k | $13.44 |
| − Vacancy | −$5.0k | −$1.48 |
| EGI | $40.1k | $11.96 |
| − OpEx | −$10.0k | −$2.99 |
| NOI | $30.1k | $8.97 |
3,352 SF · lease $13.44/SF/yr · vacancy 11.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$429.6K
$375.9K – $501.2K
NOI $30,071 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.08M
$943.7K – $1.26M
NOI $75,492 @ 7.0% cap · market cap 15.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Freestanding office building with frontage on Route 206.
Where is this office building located?
The property is located at 600 Lawrence Rd Lawrence Township, NJ.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: High visibility with **200± feet of frontage on Route 206.**; **Free‑standing building** offering independence and control.; Total of 3,352+/- square feet of usable space (2,600+/- sq ft on the first floor and 752+/- sq ft on the second floor).
