This home's estimate is 13% lower than the average sale price ($455K) of 6 comparable homes.
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5 Gainsboro Rd, Lawrence, NJ 08648
About this home
This is a wonderful opportunity with many possibilities waiting for its new owners. Don’t miss out on this 2 bedroom, 1 bath ranch situated on a large corner lot with mature trees in Colonial Lakes. This home has a 2-car garage, a new roof, new sliding glass doors, new hot water heater, new rain gutters and a new chimney cap. The Living room has a skylight, wood-burning fireplace and hardwood floors. There is a breezeway off the oversized kitchen with a peninsula, knotty pine cabinets, tile floor and ceiling fan. There are two nice size bedrooms with hardwood floors, ceiling fans and an attic for storage. The full-size basement has a sump pump and French drain with an additional crawl space for extra storage. The fenced yard with a patio is perfect for outdoor entertainment and completes this package. This home is close to public transportation and ideal for a growing family or empty nesters.
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Market trends in 08648, NJ
Last updated September 2026
Buyer's Market
Seller's Market
Seller's market
- COMING SOON
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Provided by Redfin
Sale history for 5 Gainsboro Rd
$223/sq ft
$221/sq ft
$91/sq ft
$91/sq ft
$49/sq ft
Tax history for 5 Gainsboro Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
- Public record
- Zoning
R-4
Residential 4 District
The Residential 4 district is intended primarily for single family detached dwellings on lots of 7,500 sq ft or larger.Include but are not limited to:
- Housing-Single unit
- Public service
- Park & open space
Property details
Parking
- Parking Information
- # of Attached Garage Spaces: 2
- Garage Features: Garage - Front Entry, Inside Access, Oversized
- # of Total Garage and Parking Spaces: 4
- Has Garage
- # of Garage Spaces: 2
- Driveway - # of Spaces: 2
- Attached Garage, Driveway
Interior
- Bedroom Information
- # of Bedrooms On Main Level: 2
- Bathroom Information
- # of Bathrooms (Full) On Main Level: 1
- # of Bathrooms (Full): 1
- Interior Information
- Appliances: Built-In Range, Dishwasher, Dryer, Refrigerator, Washer
- Flooring Type: Ceramic Tile, Hardwood
- Interior Features: Attic, Carpet, CeilngFan(s), Family Room Off Kitchen, Kitchen - Country, Kitchen - Eat-In, Kitchen - Table Space, Tub Shower, Wood Floors
- Living Area Sq.Ft. Source: Assessor
- Room Information
- Master Bedroom, Bedroom 2, Kitchen, Family Room, Attic
- Laundry Type: Basement
- Fireplace Information
- Has Fireplace
- # of Fireplaces: 1
- Fireplace - Glass Doors (N), Mantel(s), Brick
- Basement Information
- Basement: Yes
- Full, Unfinished
Exterior
- Property Information
- Not Federal Flood Zone
- Total Below Grade Sq. Ft.: 0
- Improvement Assessed Value: $119,200
- Ownership Interest: Fee Simple
- Property Condition: Very Good
- Year Built Source: Assessor
- Building Information
- Construction Materials: Frame
- Foundation Details: Block
- Other Structures: Above Grade, Below Grade
- Outdoor Living Structures: Patio(s)
- Structure Type: Detached
- Other Structures: Garage(s), Shed
- Exterior Information
- Fencing: Fully
- Lot Information
- Lot Features: Corner, Front Yard, Level, Rear Yard, SideYard(s)
- Lot Size Dimensions: 0.00 x 0.00
- Lot Dimensions Source: Assessor
- Tidal Water: No
- Land Information
- Land Assessed Value: $83,200
- Above Grade Information
- Finished Sq.Ft.: 1,264
- Finished Sq.Ft. Source: Assessor
- Below Grade Information
- Unfinished Sq.Ft. Source: Assessor
- Finished Sq.Ft. Source: Assessor
Financial
- Tax Information
- Tax Assessed Value: $202,400
- Tax Year: 2021
- Tax Annual Amount: $5,956
- Assessments Information
- Year Assessed: 2021
- Lease Information
- Lease Considered: No
Utilities
- Utilities Information
- Cooling Type: Ceiling Fan(s)
- Forced Air
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Sewer Septic: Public Sewer
- Water Source: Public
Location
- School Information
- High School: LAWRENCE
- School District Name: LAWRENCE TOWNSHIP PUBLIC SCHOOLS
- High School Source: 3rd Party
- School District Source: 3rd Party
- Location Information
- Cross Street: Princeton Pike
- Directions: Rt. 1 to Texas Ave. , to Princeton Pike to Gainsboro
- Municipality: LAWRENCE TWP
Public facts
- Beds: —
- Baths: —
- Sq. Ft.: 1,264
- Stories: 1.0
- Lot Size: 0.33 acres
- Style: Single Family Residential
- Year Built: 1956
- Year Renovated: —
- County: Mercer County
- APN: 0701907 00014
Around this home
Schools
Public PreK-3 • Assigned • 0.5mi
Public 7-8 • Assigned • 0.1mi
Public PreK-12 • Assigned • 0.2mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 101° expected this year, 15 days in 30 years
27% chance of strong winds in next 30 years
6 unhealthy days expected this year, 7 days in 30 years
Sun exposure
In this area, properties receive around 8.7 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.
Nearby similar homes
New listings for sale in 08648
Home values near 5 Gainsboro Rd
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 1568 Sq. Ft. | $488,902 |
3 Beds | 2 Baths | 1512 Sq. Ft. | $568,735 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 1936 Sq. Ft. | $514,320 |
3 Beds | 2.5 Baths | 2460 Sq. Ft. | $587,656 |
| Address | Redfin Estimate |
|---|---|
- Beds | - Baths | 1316 Sq. Ft. | $438,337 |
3 Beds | 2 Baths | - Sq. Ft. | $424,743 |
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