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Property profile & analytics
OFF-MARKET Estimated value $7,650,000
Commercial real estate

2 Princess Rd Ste A Lawrence Township, NJ 08648-2320

19,320 SF 2.41 ac lot
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US59-2554453
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 19,320 SF
Lot 2.41 ac (104,980 SF)
Zoning code LI
APN 07 03901-0000-00001- 01
UPID US59-2554453
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.22M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.65M
Owner & transaction history
Well Tpi Jv LLC · 2 yrs held
Well Tpi Jv LLC
since 2023
Last sale
$8.0M
3 recorded transactions
2023
$8.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LI · Lawrence Township, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

D. General District Regulations. In the LI district, the following general regulations shall apply: 1. Perimeter setback. No building shall be located closer than 50 feet to the perimeter of the tract. No parking area shall be located closer than 35 feet to any lot line. 2. Exterior storage. No merchandise, products, waste, equipment or similar material or o…

Zone name Limited Industrial
General category INDUSTRIAL
Zone area 116.92 ac
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