1501 LawrenceLawrence Township, NJ 08648

  • Residential income properties
  • 2,743 SF
Off market
$5,750,000 Estimated

Property Details for 1501 Lawrence

Year built
1925
Construction
BRICK
Lot size
0.57 AC
Property size (Sq ft)
2,743 SF
Zone code
R-2B
Property type
Residential income properties
Property subtype
Residential income homes
APN
07 02312-0000-00005
APU
702312000000005

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $562,340
    6.5%
    $519,083
    7%
    $482,006
  • Comparable approach

    Method
    Valuation
    Relative Method
    $555,521
    Geo Method
    $555,521
  • Alternative Use

    Use
    Valuation
    Residential
    $519,083
    Hospitality
    $475,477
    Educational
    $395,591
    Medical
    $409,196
    Retail
    $615,364
1501 Lawrence, Lawrence Township, New Jersey

Location Insight

City
Lawrence Township
County
Mercer
State
New Jersey
Latitude
40.2698
Longitude
-74.74
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
$9,766
$85,600
$242,000
$327,600
-
$85,600
$242,000
$327,600

FAQs

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