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Property profile & analytics
OFF-MARKET Estimated value $775,000
Medical Office Space

39 Franklin Cor Rd Lawrence Township, NJ 08648-2101

5,480 SF 1.22 ac lot Built 1999
Individually Owned 28-yr Hold Free & Clear
Property ID
US59-3000072
Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1999
Construction FRAME
Total area 5,480 SF
Lot 1.22 ac (53,143 SF)
Zoning code R-2B
APN 07 04902-0000-00003
UPID US59-3000072
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$775k
Owner & transaction history
WILLIAM W ROBERTS III
WILLIAM W ROBERTS III
Zoning & alternative use
R-2B · Lawrence Township, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

purposes of this Ordinance, EP-1, EP-2, R-1, R-2A, R-2B, R-3, R -4, R-5, AT, SCR, PVD-1 and PVD-2 shall be considered residential zones. [Ord. 1585-99, 9/7/1999] RESTAURANT: A public eating facility where patrons are seated at tables, booths or counters and food orders are taken and served to the patrons by waiters or w aitresses at such tables, booths or co…

Zone name Residential 2b
General category RESIDENTIAL
Zone area 804.82 ac
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