Lawrence, NJ
Commercial Real Estate Market Trends & Data

$213 Avg asking sale price
$4,681 Avg asking lease rate
20,533 SF Avg unit lease size
40,385 SF Avg building size for sale
8.83% Average cap rate

Lawrence's Demographic Profile

Lawrence has 12,302 households and a median income of $117,185, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 30,837
# Households 12,302
Median age 44
Median household income $117,185
Avg household size 2.0
Renter-occupied housing units 4,349
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Lawrence Township Mercer, NJ

↻ Updated Monthly

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Nearby Retail Markets Avg Cost/SF Typical Size
Lawrence $233 23,065 SF
Lawrenceville $269 34,213 SF
Mercerville $248 5,587 SF
West Windsor $257 2,786 SF
Ewing $173 18,172 SF

Commercial Properties For Sale in Lawrence

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Lawrenceville Office Park

Lawrenceville, NJ 08648

  • 47,306 SF Office Building
  • $390,000
For Sale

Sonic

Ewing, NJ 08638

  • 3,471 SF Retail Building
  • 6.00% Cap Rate
  • $2,300,000
For Sale

1672-1676 North Olden Ave & 1571 6th St

Ewing, NJ

  • $16,000,000
For Sale

409 Hazel Ave

Ewing, NJ 08638

  • 3,200 SF Industrial Building
  • $450,000
For Sale

393 Brunswick Ave

Trenton, NJ 08618

  • 700 SF Retail Building
  • $185,000
For Sale

Guidepost Montessori | Princeton, NJ

Lawrenceville, NJ 08648

  • 13,126 SF Retail Building
  • 7.75% Cap Rate
  • $3,774,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Lawrence pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Lawrence $212 39,189 SF
Lawrenceville $213 19,930 SF
Mercerville $207 20,288 SF
West Windsor $253 20,398 SF
Princeton Junction $235 11,266 SF

Multifamily Properties For Sale in Lawrence

For Sale

1672-1676 North Olden Ave & 1571 6th St

Ewing, NJ

  • $16,000,000

Regional Demographic Comparison

This comparison places Lawrence alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Lawrence or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lawrence 30,837 12,302 44 $117,185 2 4,349 -1%
Lawrenceville 3,853 1,748 48 $109,586 2 434 -1%
Mercerville 12,436 4,808 46 $104,447 3 941 -2%
West Windsor 28,978 10,252 43 $177,621 3 3,292 -1%
Princeton Junction 2,390 887 44 $187,499 3 286 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lawrence Township Mercer, NJ and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Lawrence

View All Commercial Real Estate For Sale in Lawrence
Is Lawrence a good market for a first-time commercial real estate investor?

Lawrence offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Lawrence?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lawrence. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Lawrence?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lawrence. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Lawrence compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lawrence. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Lawrence acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lawrence, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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