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0 W FACTORY ROAD
About This Property
Discover 32.7 acres of opportunity in Lawrence Township's peaceful Cedarville section. This expansive agricultural-zoned parcel offers flexibility for farming, estate living, or potential subdivision. With a minimum lot size of 3 acres and 250 ft. of required frontage, buyers may explore creating approximately 3–4 homes (subject to township approvals). The property features dual road frontage: Sawmill Road, overlooking a picturesque neighboring farm, and Factory Road, bordered by serene woodland. Power is available at the street, and any future development would require installation of well, septic, roadway access, and stormwater basins. Whether you're envisioning a private homestead with peace and quiet, seclusion and hunting (plenty of wild turkey) and room to roam with an ATV, a multi-lot project, or agricultural use, this land provides a rare blend of open space, natural beauty, and development potential. All due diligence, inspections, and approvals are the responsibility of the buyer. Please contact Chris at with any questions.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 21, 2026 | Sold | ||
| Sold | |||
| Aug 26, 2026 | In contract | - | |
| In contract | |||
| Apr 27, 2026 | Listed by Coldwell Banker Argus Real Estate | $450,000 | |
| Listed by Coldwell Banker Argus Real Estate | |||
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Oct 20, 2023 | Listed by Exit Homestead Realty Professi | $54,900 | |
| Listed by Exit Homestead Realty Professi | |||
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Quiet and Peaceful Lawrence Twp!
Large 1.29 Acre Lot!
Buildable for a Single Family Dwelling per the Township; Well and Septic needed.
Buyer to perform any and all due diligence and verification.
A copy of the survey will be provided by the Seller at settlement.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017