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Lawrence

Lawrence

Located in Mercer County

$589,852 Average Value
$302 Average Price per Sq Ft
1 Home For Sale

Lawrence offers more affordable living than nearby Princeton

Lawrence Township, a sprawling area in Mercer County, has tight community ties with its beloved local eateries, lush outdoor green space and great public and private schools.

The township is home to several communities like Lawrenceville, which is the name many residents use to refer to the area as a whole. With its vast size, you will see a mix old and new home styles like colonials, Cape Cods, Victorians and condos. "One of the most important parts of Lawrence is it had a diverse housing stock like 55-and-older communities, condos, town homes, single family and more rural properties," says Judson Henderson, broker-owner of Callaway Henderson Sotheby's International Realty. Unlike its neighboring town of Princeton, Lawrence Township has more affordable housing prices and lower taxes. You can find a two-bedroom, two-bathroom penthouse condo for $275,000, a Cape Cod with four bedrooms and two bathrooms for $590,000, or an eight-bedroom, five-bathroom stone estate home with several fireplaces and a library for $998,000. Lawrence real estate ramped up during the COVID pandemic and "part of it was the affordability," Henderson says. "Living here is a very affordable way to live right next to Princeton."

Homes sit on tree lined streets in Lawrence Township.
Homes sit on tree lined streets in Lawrence Township.
Colonial homes are popular in Lawrence Township.
Colonial homes are popular in Lawrence Township.
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Job opportunities draw residents to Lawrence Township

Residents also move in because of the job prospects. Lawrence Township is home to the headquarters of Bristol-Myers Squibb's Research & Development Division and the headquarters of Education Testing Service, a private nonprofit educational testing and assessment organization.

Rider University and top-rated high school share the area

While kids can attend the Lawrence Township Public School District, there are also a few private schools. Right in the township's center is the Lawrenceville School, a college preparatory boarding school. One student house called The Circle is a national historic landmark designed by Frederick Law Olmsted, a landscape architect whose most famous work is Central Park. Other private schools include Princeton Junior School, Saint Ann's School and Notre Dame High School. If you choose public schools, your children will attend Lawrence High School, where they can participate in many unique school activities like gospel choir, baking club and knitting and crocheting club. Lawrence High has an overall A- rating on Niche. The community shares the township with Rider University. However, many students commute to the campus rather than living there.

Rider University is a staple for students and locals in Lawrence Township.
Rider University is a staple for students and locals in Lawrence Township.
Rider University Student Recreation Center in Lawrence Township.
Rider University Student Recreation Center in Lawrence Township.
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Main Street restaurants offer cozy meals and seasonal menus

Feel like dining out? Near the Lawrenceville School is a cluster of local restaurants on the township's three-block Main Street, like Vidalia Restaurant. You can enjoy pasta, meat and fish dishes on the garden patio or in Vidalia's cozy dining room. "The village of Lawrenceville has a great little main street with some good restaurants," Henderson says. "Residents absolutely adore the Gingered Peach," a local bakery with a seasonal menu of cakes, breads and croissants. Acacia NJ, an American eatery, has a seasonal menu.

Locals gather at McGuinn's Place for good food and great times with friends in Lawrence Township.
Locals gather at McGuinn's Place for good food and great times with friends in Lawrence Township.
Lawrenceville's historic Main Street is one of the states first registered historical districts in Lawrence Township.
Lawrenceville's historic Main Street is one of the states first registered historical districts in Lawrence Township.
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Summer concerts, biking trails and pools keep residents active

When the weather is warm and the sun is shining, residents are out and about at one of the township's many parks or farms. On Main Street is Weeden Park, which hosts weekly summer concerts and dinners from local restaurants. Central Park is 107 acres wide and the largest in Lawrence Township. At Central Park, you can play baseball, kick around a soccer ball or practice your tennis swing. You can walk around the lake under a shady trail at Colonial Lake Park. Or pick your apples and other fruit at Terhune Orchards. The Lawrence-Hopewell Trail, a 22-mile biking loop that connects the two townships, cuts through Mercer Meadows, a 1,600-acre property with open woods and an enclosed dog park. During the summer months, cool off at one of the township's pools like The Willows, a natural soft-water pool, the Lawrenceville Swimming Association or the Ben Franklin Swim Club. Join Cobblestone Creek Country Club, where you can play golf and tennis or relax poolside.

Lawrence Township has a number of parks to take your dog for a walk.
Lawrence Township has a number of parks to take your dog for a walk.
The ample nature walks and green make Lawrence Township a perfect place for dogs.
The ample nature walks and green make Lawrence Township a perfect place for dogs.
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Mitchell Birnbaum
Photography Contributed By
Mitchell Birnbaum
Grace Kim
Video By
Grace Kim

Interested in learning more about homes in this area? Reach out to Karen Brown, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Area Facts

Number of Homes
13
Number of Homes for Sale
1
Median Year Built
1981
Months of Supply
4.00
Average Single Family Home Size Sq Ft
1,470
Significantly below the national average
1,931
Average Townhouse Size Sq Ft
2,777
Average 2 Bedroom Size Sq Ft
1,019
Median Lot Size Sq Ft
18,948

Open Houses

  • Sunday, Apr 26
    Open Sun 1PM - 4PM

    14 Hopatcong Dr, Lawrence Township, NJ 08648

    $640,000

    • 4 Beds
    • 3 Baths
    • 2,004 Sq Ft
    • 14 Hopatcong Dr
    • New 1 day ago

    Immaculate 4 bedroom with 3 full baths Bi-Level with tons of upgrade, enjoy the newer kitchen w/ stainless steel appliances and granite countertops, under cabinet lighting, and modernized bathrooms. Enjoy the beaming hardwood floors, beautiful backyard, basketball court, with vinyl privacy fence. It even has a chicken coop (no need to buy eggs!) and a kennel for your adorable pets. Smart house

    John Alicante BHHS FOX & ROACH REALTORS

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  • Sunday, Apr 26
    Open Sun 12:30PM - 3:30PM

    75 Lawn Park Ave, Lawrence Township, NJ 08648

    $575,000

    • 3 Beds
    • 2.5 Baths
    • 1,534 Sq Ft
    • 75 Lawn Park Ave
    • New 8 days ago

    Welcome to 75 Lawn Park, nestled in a quiet area of Lawrence Township, NJ, in Mercer County. This detached home has been well maintained over the years and offers all the essentials needed for comfort and modern, move-in-ready living. The property is being sold in "as-is" condition. The pride of ownership is evident both inside and out, as it has been occupied by the original owner since it was

    Natalie Reed ARC Real Estate

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  • Saturday, Apr 25
    Open Sat 1PM - 4PM

    1114 Colts Cir Unit B, Lawrence Township, NJ 08648

    $188,000

    • 1 Bed
    • 1 Bath
    • 790 Sq Ft
    • 1114 Colts Cir
    • Unit B
    • New 27 days ago

    This 1 bed condo is on the first floor in the meticulously maintained 55+ community at Carriage Park. With its prime location in Lawrenceville, 1114 Colts Circle, offers an unbeatable combination of comfort, convenience and value! The living room/dining room hardwood floors complement the brand-new neutral carpeting in the bedroom. Personal 6X8 storage offered in basement. Assigned parking with

    Derek Eisenberg Continental Real Estate Group

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Lawrence Has More Owners

Demographics

Total Population
30,837
Median Age
44
Population under 18
21.1%
On par with the national average
23.8%
Population over 65
22.1%
On par with the national average
19.1%

Finances

Median Household Income
$117,185
Significantly above the national average
$79,597
Average Household Income
$140,028

Education and Workforce

High School Graduates
93.7%
College Graduates
58.5%
Above the national average
34.1%
Advanced Degrees
31.8%
Above the national average
13.3%
% Population in Labor Force
68.4%

Weather

Annual Precipitation
46''
Average Winter Low Temperature
25°F
Average Summer High Temperature
86°F
Annual Snowfall
19''

Area Factors

Moderately friendly

Bike Score®®

60 / 100

Somewhat friendly

Walk Score®®

30 / 100

Not friendly

Transit Score®®

0 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Lawrence