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    Property profile & analytics

    48 Lawn Park Ave Lawrence Township, NJ 08648

    • Residential income homes
    • 2,564 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimation
    $405,000
    Last Sale
    Mar 22, 2021
    $375,000
    Location Intelligence
    Property ID
    US59-1112361
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Residential income homes

    Property Details for 48 Lawn Park Ave

    Year built
    1940
    Construction
    CONCRETE BLOCKS
    Lot size
    0.14 lot acres
    Property size
    2,564 SF
    Zone code
    R-4
    Property type
    Residential income homes
    Property subtype
    Small apartment buildings
    APN
    07 01306-0000-00005
    APU
    701306000000005

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $420,000

    • CAP approach

      CAP return
      Estimation
      6%
      $350,000
      6.5%
      $360,000
      7%
      $385,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $300,000
      Geo Method
      $335,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $410,000
      Retail
      $390,000
      Mixed-Use
      $390,000
      Hospitality
      $410,000
      Educational
      $410,000
      Residential Income
      $335,000
      Energy
      $405,000
      Income-Based Land
      $395,000
      Food Service
      $340,000

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence Township
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.7413
    Latitude
    40.2635
    CBSA code
    45940
    CBSA name
    TRENTON-EWING, NJ METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $6,761
    $62,000
    $164,800
    $226,800
    -
    $62,000
    $164,800
    $226,800

    Comparable in this City

    • Value Estimation
      $1,875,000
      7,616 SF

      24 George St, Unit 30

      APARTMENT HOUSE (UNDER 5 UNITS) • 7,616 SF
      24 George St, Lawrence Township, NJ 08648-1639
      View Details
    • Value Estimation
      $900,000
      8,656 SF

      23 George St, Unit 29

      APARTMENT HOUSE (UNDER 5 UNITS) • 8,656 SF
      23 George St, Lawrence Township, NJ 08648-1638
      View Details
    • Value Estimation
      $880,000
      8,656 SF

      31 George St, Unit 37

      APARTMENT HOUSE (UNDER 5 UNITS) • 8,656 SF
      31 George St, Lawrence Township, NJ 08648-1638
      View Details
    • Value Estimation by Request
      11.18 Acres

      161 Franklin Cor Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 11.18 Acres
      161 Franklin Cor Rd, Lawrence Township, NJ 08648-2524
      View Details
    • Value Estimation by Request
      5.31 Acres

      550 Lawrence Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 5.31 Acres
      550 Lawrence Rd, Lawrenceville, NJ 08648-4230
      View Details
    • Value Estimation by Request
      24.44 Acres

      Bunker Hl Rd

      APARTMENT HOUSE (UNDER 5 UNITS) • 24.44 Acres
      Bunker Hl Rd, Lawrence Township, NJ 08648
      View Details

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    • Contact for pricing
      5.90 Acres

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      West Windsor industrial land, I-2 zoning.
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    Similar Nearby for Lease

    • $20 SF/Yr
      20,440 SF

      Capital Commons Medical Office Space

      Prime Mercer County medical office suite.
      4056 Quakerbridge Rd, Lawrence Township, NJ 08648
      View Details
    • $18 SF/Yr
      4,626 SF

      Prime Lawrence Township Medical Office Space

      Three suites available, ample parking, high visibility.
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      View Details
    • $18 SF/Yr

      Main Street Retail Space Available

      Storefront retail space in walkable community near The Lawrenceville School.
      2633 Main St, Lawrenceville, NJ 08648
      View Details
    • $7,000 /Mo

      Versatile Office/Retail Space Available

      5,000 sq ft space suitable for office or retail.
      2500 Brunswick Ave, Lawrenceville, NJ 08648
      View Details
    • Contact for pricing
      710 SF

      Lawrenceville Office Space For Lease

      Office space available for lease in Lawrenceville, New Jersey.
      134 Franklin Corner Rd, Lawrenceville, NJ 08648
      View Details
    • $18 SF/Yr

      Main Street Office Space Available

      Top-level office suite with elevator, natural light, and parking.
      2633 Main St, Lawrenceville, NJ 08648
      View Details
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    48 Lawn Park Ave
    Lawrence Township, NJ 08648
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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