Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    40 Enterprise Ave Lawrence Township, NJ

    For Lease
    $13 SF/Yr

    261,646 SF industrial space with Route 1 visibility.

    Property size:
    111,374 SF
    Lot size:
    5.69 Acres

    Property Features for 40 Enterprise Ave

    General Information

    Size
    111,374 SF
    Lot size
    5.69 Acres

    Source: Avison Young | Morristown Agent John C. ("J.C.") Giordano, III

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Property Available Q4 2023

    An industrial property offering 261,646 square feet will be available in Q4 2023. The property provides visibility on Route 1, with approximately 50,000 vehicles passing per day. It benefits from an excellent blue-collar labor pool and a 30-year pilot program for real estate taxes. The property is divisible, offering spaces ranging from 80,000 to 261,646 square feet. The property is located in Lawrence Township, NJ.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Spa & Massage Wholesale Shop Dental Office Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Extra Space Storage, Public Storage

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence Township
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7220017
    Latitude
    40.2912966

    Nearby Similar for Lease

    • $18 SF/Yr

      Main Street Office Space Available

      Top-level office suite with elevator, natural light, and parking.
      2633 Main St, Lawrenceville, NJ 08648
      View Details
    • $18 SF/Yr

      Main Street Retail Space Available

      Storefront retail space in walkable community near The Lawrenceville School.
      2633 Main St, Lawrenceville, NJ 08648
      View Details
    • Contact for pricing
      1,900 SF

      Former Bank Building with Drive-Thru

      Former bank building with drive-thru in a high-density area.
      669 Whitehead Rd, Lawrence Township, NJ 08648
      View Details
    • Contact for pricing
      5,348 SF

      Village Square Plaza: Medical Office Space

      Prime Mercer County medical & retail space available.
      510-585 Lawrence Square Blvd, Lawrence Township, NJ 08648
      View Details
    • $18 SF/Yr
      4,626 SF

      Prime Lawrence Township Medical Office Space

      Three suites available, ample parking, high visibility.
      1950 Brunswick Ave, Lawrence Township, NJ 08648
      View Details
    • $20 SF/Yr
      20,440 SF

      Capital Commons Medical Office Space

      Prime Mercer County medical office suite.
      4056 Quakerbridge Rd, Lawrence Township, NJ 08648
      View Details

    FAQs

    What type of property is this?
    Warehouse - 261,646 SF industrial space with Route 1 visibility.
    Where is this warehouse located?
    The property is located at 40 Enterprise Ave Lawrence Township, NJ.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: - 261,646 SF industrial space available Q4 2023; - Benefit from a 30-Year PILOT program for real estate taxes; - Great visibility on Route 1 (± 50,000 vehicles per day)
    (908) 809-0037
    Request Owner's contact information
    40 Enterprise Ave Lawrence Township, NJ
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    40 Enterprise Ave
    Lawrence Township, NJ
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    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.

    More about this property
    40 Enterprise Ave Lawrence Township, NJ
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.