23 Lawrence Square Boulevard N, Lawrence Twp, NJ 08648
Metal warehouse on over one acre with two overhead doors, office, bathroom, and parking for flexible commercial use.
- Added:
- May 11, 2026
- Days on Market:
- 36
- Last Refresh:
- Jun 15 at 1:44 am
Property Features for 23 Lawrence Square Boulevard N
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 1.00 Acre
- Property subtype
- Retail
Building Details
- Year Built
- 1998
Listing agent Julia Samouilova License #1435581 (609) 716-8400
Listing office RealtyMark Properties (609) 716-8400
Listing date May 11, 2026
Source Xome
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HighLights
- Metal Butler‑style commercial building on over one acre with 12' high ceiling and open space
- Includes two overhead doors, plus one office and a bathroom
- Concrete floor and metal roof, with macadam parking lot
- Zoned NC‑2 for commercial uses; utilities available at the site include water, sewer, electric, and natural gas
- Site is set up for continued growth with preliminary plans drawn for a 10,000 SF commercial building
- Located in Lawrence Township near Quaker Bridge Mall, I‑95, and Rt 1
Overview
The property is located on a major commercial corridor with high-traffic characteristics, along with strong accessibility and road frontage that support customer and delivery traffic. It is situated in Lawrence Township and is close to Quaker Bridge Mall, with proximity to I-95 and Route 1 mentioned as part of the overall convenience.
For tenants and operators, the current configuration can support warehouse and light commercial activities that benefit from overhead loading and straightforward internal layout. For buyers and developers, preliminary plans have been drawn for a 10,000 square foot commercial building, offering a head start compared with starting from scratch. The site is described as zoned for various commercial uses, providing flexibility for multiple operating concepts.
Local Financial Insights For Warehouse
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 | $57.6k | $28.80 |
| − Vacancy | −$4.6k | −$2.30 |
| EGI | $53.0k | $26.50 |
| − OpEx | −$7.9k | −$3.97 |
| NOI | $45.0k | $22.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lawrence Twp
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.671332
- Latitude
- 40.271813