Bought with NON MEMBER • Non Subscribing Office
$765,000
$875,000
12.6%For more information regarding the value of a property, please contact us for a free consultation.
3,964 SqFt
SOLD DATE : 03/02/2026
Key Details
Sold Price $765,000
Property Type Multi-Family
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 3,964 sqft
Price per Sqft $192
MLS Listing ID NJME2071074
Sold Date 03/02/26
Style Colonial
Abv Grd Liv Area 3,964
Year Built 1750
Annual Tax Amount $14,540
Tax Year 2025
Lot Size 0.591 Acres
Acres 0.59
Lot Dimensions 125.00 x 206.00
Property Sub-Type Detached
Source BRIGHT
Property Description
Rare opportunity in downtown Lawrenceville, NJ to own a historic 4-unit multi-family property in a walkable, highly desirable area. Steps to Starbucks, Lawrenceville Presbyterian Church, The Lawrenceville School, and an array of shops and dining.
Property Highlights
Four (4) rental units; all utilities separately metered
Off-street parking with capacity for multiple tenants
Hardwood flooring and exposed beams throughout; multiple fireplaces in select units
Fully vacant and readily showable; easy to demonstrate all four units
Property being sold strictly “as-is”; buyer to perform due diligence and any required rehab and obtain township CO
Investment Details
Appraised in 2025 at $1,000,000 in current condition (appraisal available to serious inquiries)
Excellent redevelopment potential with significant upside through renovations and savvy management
Potential Gross Rental Income $9500 montHly/ 114,000 yearly
ESTIMATED REHAB 100K
ARV 1.2
Location
State NJ
County Mercer
Area Lawrence Twp (21107)
Zoning R-2B
Interior
Hot Water Natural Gas
Heating Wall Unit, Baseboard - Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas, Natural Gas Available, Oil
Exterior
Garage Spaces 5.0
Water Access N
Accessibility None
Total Parking Spaces 5
Garage N
Building
Foundation Other
Above Ground Finished SqFt 3964
Sewer Public Sewer
Water Public
Architectural Style Colonial
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Lawrence Township Public Schools
Others
Tax ID 07-06301-00062
Ownership Fee Simple
SqFt Source 3964
Acceptable Financing Cash, Conventional, VA, FHA, FHA 203(k)
Listing Terms Cash, Conventional, VA, FHA, FHA 203(k)
Financing Cash,Conventional,VA,FHA,FHA 203(k)
Special Listing Condition Standard
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