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Lawrence Township Mercer

Lawrence Township Mercer

Located in Mercer County

$590,672 Average Value
$267 Average Price per Sq Ft
2 Homes 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 Thomas Hutchinson, 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

Lawrence Township Mercer Housing Trends

Housing Trends

Median List Price
$303,750
Median Sale Price
$303,750
Median Single Family Sale Price
$406,250
Median 2 Bedroom Sale Price
$270,000
Median Change From 1st List Price
0%
Last 12 months Home Sales
2
Median Home Sale Price YoY Change
7%
Average Price Per Sq Ft
$267

Area Facts

Number of Homes
12
Number of Homes for Sale
2
Median Year Built
1989
Months of Supply
12.00
Average Single Family Home Size Sq Ft
1,455
Significantly below the national average
1,928
Average Townhouse Size Sq Ft
2,777
Average 2 Bedroom Size Sq Ft
1,019
Median Lot Size Sq Ft
18,948

Open Houses

  • Saturday, Dec 13
    Open Sat 1PM - 4PM

    29 Graf Ave, Lawrence Township, NJ 08648

    $365,000

    • 2 Beds
    • 1 Bath
    • 29 Graf Ave
    • New 1 day ago

    Nestled at the end of a quiet cul‐de‐sac, this charming ranch‐style home offers a fabulous opportunity for its next owners. Freshly painted and filled with natural light, the residence features an open and updated layout designed for both comfort and convenience. The spacious kitchen boasts vaulted ceilings with recessed lighting, abundant wood cabinetry, and generous counter space, while

    Dawn Monsport Keller Williams Real Estate - Princeton

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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 Township Mercer 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
$79,601
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

Somewhat Bikeable

Bike Score®®

27 / 100

Car-Dependent

Walk Score®®

1 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the 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 Township Mercer
Thomas Hutchinson
Hutchinson Homes Real Estate
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