Commercial Real Estate Market in Lawrence Township, NJ
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
38 active listings and 466 off-market properties in Lawrence Township, NJ. Commercial property asks $199/SF to buy (based on 6 listings) and $17.25/SF/Yr to lease (based on 6 listings).
Market Trends
Lawrence Township, NJ spans 16.7 square miles in Mercer County, New Jersey. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Mercer County, office space asks $166/SF to buy. Office vacancy in Lawrence Township, NJ runs 19.9% across the Northeast region in 2025, up from 13.1% in 2019.
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%.
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%.
Multifamily
Across Mercer County, multifamily space asks $209/SF to buy. Multifamily vacancy in Lawrence Township, NJ runs 5.6% across the Northeast region in 2025, up from 4% in 2022.
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.
Tools
Nearby Markets
| Market | Median Asking Price, $/SF | Median Asking Rent, $/SF/Yr |
|---|---|---|
| Trenton | $181 | $19.00 |
| Princeton | $411 | $25.00 |
Commercial property in Lawrence Township, NJ asks $199/SF. The 2 bordering markets run from $181/SF in Trenton to $411/SF in Princeton, and the city sits below their $296/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Lawrence Township?
How much does it cost to lease commercial space in Lawrence Township?
How does Lawrence Township compare to nearby markets on price?
Where does Realmo's Lawrence Township market data come from?
Methodology & data sources
- Asking prices and medians
- There are 15 active for-sale and 23 active for-lease listings in Lawrence Township, NJ. The medians are based on 6 of the for-sale and 6 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- 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 October 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 October 2026 · How Realmo checks market page data · Report a data issue
