Commercial Real Estate Market in Lawrence Township, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
43 active listings and 466 off-market properties in Lawrence Township, NJ. Commercial property asks $108/SF to buy and $15.86/SF/Yr to lease.
Market Trends
Lawrence Township, NJ spans 16.7 square miles in Mercer County, New Jersey. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Lawrence Township, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
Vacancy Rate % in Northeast region
Retail
Retail vacancy in Lawrence Township, NJ runs 6% across the Northeast region in 2025, little changed from 6% in 2019. Down from a 2020 peak of 7.1%.
Vacancy Rate % in Northeast region
Industrial
Industrial vacancy in Lawrence Township, NJ runs 7.6% across the Northeast region in 2025, up from 5.4% in 2019. Nearly 2.4x the 2021 low of 3.2%.
Vacancy Rate % in Northeast region
Multifamily
Multifamily space in Lawrence Township, NJ asks $167/SF to buy. Vacancy runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in Northeast region
Market overview
Demographics & Economy
Lawrence Township, NJ has 31,955 residents in 12,217 households. Density runs 1,915 people per square mile. Median household income here is $118,036 and median gross rent $1,953 a month.
31,955
Population
12,217
Households
2.6
Avg Household Size
40
Median Age
60%
College-Educated
92%
High-School Grad
16.7 sq mi
ZIP Area
1,915
Density / Sq Mi
$118,036
Median Household Income
$54,833
Median Earnings
$1,953
Median Rent
$395,400
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pennington | — | — |
| Ewing Township | — | — |
| West Windsor | — | — |
| W Windsor Township | — | — |
Commercial property in Lawrence Township, NJ asks $108/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Lawrence Township?
Commercial property in Lawrence Township, NJ asks an average of $108 per square foot. Multifamily carries the highest asking price at $167/SF.
How much does it cost to lease commercial space in Lawrence Township?
Asking lease rates in Lawrence Township, NJ average $15.86 per square foot per year.
Where does Realmo's Lawrence Township market data come from?
Realmo compiles Lawrence Township, NJ figures from 5 recent recorded sales, 22 active sale listings, 21 active lease listings, 466 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 22 active for-sale and 21 active for-lease listings in Lawrence Township, NJ. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Northeast region level, retail vacancy is reported at Northeast region level and industrial vacancy is reported at Northeast region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
