Property
Lawrence Township, NJ 08648 2695 Main Street
$875,000
45 more
Presented By: Coldwell Banker Residential Brokerage-Princeton Jct
Beds • 8
Beds • 8Home Details
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
Presented By: Coldwell Banker Residential Brokerage-Princeton Jct
Interior Features for 2695 Main Street
Bedrooms
Three Bedroom Units Count1
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas, Natural Gas Available, Oil
Heating Y/NYes
Hot WaterNatural Gas
General for 2695 Main Street
Acceptable FinancingCash, Conventional, VA, FHA, FHA 203(k)
AccessibilityNone
Architectural StyleColonial
CityLAWRENCE TOWNSHIP
Construction MaterialsFrame
Cool FuelNone
CoolingNone
CountyMERCER
Directionsrefer to gps
DisclosuresNone
Garage Y/NNo
HeatingWall Unit, Baseboard - Hot Water
Living Area3964
Lot Size Square Feet25748.00
Lot Size UnitsSquare Feet
MLS AreaLawrence Twp (21107)
MunicipalityLAWRENCE TWP
New ConstructionNo
Number Of Units Total1
Number of Units Leased4
One Bedroom Units Count1
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG220.74
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictLAWRENCE TOWNSHIP PUBLIC SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeDetached
Tax Annual Amount14540.0
Tax Assessed Value459400.0
Tax Lot00062
Tax Year2025
Total SQFT3964
Two Bedroom2
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1750
Year Built SourceAssessor
ZoningR-2B
Exterior for 2695 Main Street
Foundation DetailsOther
Land Assessed Value130500.00
Land Use Code
Lot Dimensions125.00 x 206.00
Lot Size Acres0.59
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Parking Lot - # of Spaces5
PoolNo Pool
Total Parking Spaces5
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Brian Lee
Associate