Property summary
This fee-simple office building, located at 600 Lawrence Rd in Lawrence Township, New Jersey (zip code 08648), presents a unique investment opportunity. The property boasts 3,352 square feet of space within a single-story building constructed in 1953 and renovated in 2001. Situated on a 0.61-acre lot, the building features approximately 2,600 square feet on the main floor, with an additional partial second floor accessible from the first floor. This upper level has a separate entrance, offering flexibility for expansion of existing office space or potential for separate rental income. The building enjoys excellent visibility with approximately 200 feet of frontage on Route 206. The property is zoned R-4, providing various development possibilities. This is a prime location in Mercer County, offering easy access to major transportation routes. The asking price for this exceptional property is $575,000. This represents a compelling opportunity to acquire a well-maintained, versatile office building in a desirable New Jersey location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
U. Signs Permitted in the EP-1, EP-2, R-1, R-2A, R2-B, R-3, R-4 and R-5 Districts. 1. Any sign allowed without permit, pursuant to §535.G. 2. Residential uses. One freestanding development sign for each collector or arte…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Lawrence Township market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-4 · Lawrence Township, NJU. Signs Permitted in the EP-1, EP-2, R-1, R-2A, R2-B, R-3, R-4 and R-5 Districts. 1. Any sign allowed without permit, pursuant to §535.G. 2. Residential uses. One freestanding development sign for each collector or arte…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
U. Signs Permitted in the EP-1, EP-2, R-1, R-2A, R2-B, R-3, R-4 and R-5 Districts. 1. Any sign allowed without permit, pursuant to §535.G. 2. Residential uses. One freestanding development sign for each collector or arte…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-4 in Lawrence Township, NJ.
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