Why Live in Lawrenceville
Lawrenceville, a small community within Lawrence Township, serves as the main commercial hub and boasts significant historical importance. The Main Street Historic District, recognized both statewide and nationally since 1972, is a focal point. Housing options are diverse, including 55 and older communities, condos, townhomes, single-family homes, and rural properties. Home styles range from colonials and Cape Cods to Victorians and new constructions. Lawrenceville is noted for its affordability compared to neighboring Princeton, with lower taxes and housing costs. The area is home to major employers like Bristol-Myers Squibb's Research & Development Division and Education Testing Service.
Children in Lawrenceville attend the Lawrence Township Public School District, with Lawrence High School offering a variety of extracurricular activities and holding a high rating. Private education options include the historic Lawrenceville School, Princeton Junior School, Saint Ann's School, and Norte Dame High School.
Dining options on Main Street include Italian and American restaurants, sandwich and pizza shops, and the beloved local bakery, The Gingered Peach. Vidalia Restaurant offers a cozy dining experience with a garden patio. For groceries, residents frequent ShopRite and Lidl.
Recreational activities are plentiful, with Village Park providing soccer fields and basketball courts, and the 22-mile Lawrence-Hopewell Trail for biking. Weeden Park hosts community events like the Fall Arts Festival and Music in the Park summer series. Mercer Meadows offers open woods and a dog park, while local pools and the Cobblestone Creek Country Club provide summer relaxation and sports facilities. Lawrenceville's crime rate is lower than the national average, contributing to its appeal as a place to live, work, and play.
Frequently Asked Questions
What is the average home price in Lawrenceville, NJ?
Homes for sale in Lawrenceville, NJ have an average home price of $465,727.
Are home prices dropping in Lawrenceville?
Yes, home prices in Lawrenceville are down 10% in the last 12 months.
How many homes have sold over the last 12 months in Lawrenceville, NJ?
22 homes have sold in Lawrenceville, NJ over the last 12 months.
What are the most popular zip codes in Lawrenceville, NJ?
How much do you need to make to afford a house in Lawrenceville?
The median home price in Lawrenceville is $439,000. If you put a 20% down payment of $87,800 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $2,280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $98K a year to afford the median home price in Lawrenceville.
How are the schools in Lawrenceville, NJ?
Home Trends in Lawrenceville, NJ
On average, homes in Lawrenceville, NJ sell after 25 days on the market compared to the national average of 50 days. The median sale price for homes in Lawrenceville, NJ over the last 12 months is $432,000, down 2% from the median home sale price over the previous 12 months.
Median Sale Price
$432,000
Median Single Family Sale Price
$537,000
Median Townhouse Sale Price
$412,500
Median 2 Bedroom Sale Price
$363,500
Average Price Per Sq Ft
$294
Number of Homes for Sale
3
Last 12 months Home Sales
22
Median List Price
$439,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-2%