80 S Broad Street Penns Grove, NJ $ 279,900
80 S Broad Street
$ 279,900
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80 S Broad Street

Penns Grove, NJ, 08069
$ 279,900
Baths0.0 Sq 6,274

Monthly Estimate*

$ 1,860

80 S Broad Street, Penns Grove, NJ 08069 - Image 1
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80 S Broad Street, Penns Grove, NJ 08069 - Image 8
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80 S Broad Street, Penns Grove, NJ 08069 - Image 12
Studio

Commercial Property for sale in Penns Grove, NJ

for $279,900. This 6,274 square foot building was built in 1920 on a lot size of 1.02.

Attention INVESTORS - 4-Unit Opportunity consists of TWO-- Store Fronts (a total of 4,024 Sq Ft) and a separate 2-Unit Duplex (2,250 Sq Ft) The Duplex is fully rented with cooperative tenants for $1,575 mo (3BR 1BA) and $1,350 mo (2BR 1BA), a total annual rental income of $35,100. Both residential units are separately metered. Buyer may renovate the commercial buildings as deemed fit, to ready them for a multitude of uses. Property being sold as-is. Buyer responsible for all due diligence. Note, property may not be suitable for a conventional loan. Acceptable financing includes Cash purchase, Hard money loan, or a Commercial loan.

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Commercial Active

Price

$ 279,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,255

Style

Banquet Facility/Lodge,Day Care Facility,Hair Salo

Lot Size

1.02

Year Built

1920

Town/City

Penns Grove

County/Region

Salem

MLS | Web ID

NJSA2010894

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling Multi Units Window Unit(s)
Possession Immediate Subject to Existing Lease
Zoning MIXED
Construction Materials Mixed
Exclusions Tenant personal property
Year Built 1920
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PENNS GROVE BORO
Business Type Banquet Facility/Lodge Day Care Facility Hair Salon and Spa Health Club Other/General Retail Professional Religious Facility School Storage Auto Related Warehouse Other
Accessibility 2+ Access Exits
County SALEM
New Construction N
Property Type Commercial Sale
Possible Use Automotive Barber/Beauty Church Commercial Convenience Store Day Care Dry Cleaner Flex Space Florist/Nursery Laundromat Mixed Use Professional Service Recreational Retail School Senior Assisted/Day C
Water Access Y/N N
Status ACTIVE
Directions GPS
City PENNS GROVE
Buyer Agent Compensation 2.5
Disclosures Flood Insurance Required
Zoning Description Township Planning Board approval needed for the commercial store fronts intended use.
Total Units 4
MLS Area Penns Grove Boro (21708)
Lot Size Square Feet 44431.20
Waterfront Y/N N
Street Name BROAD
Tax Annual Amount 6255.0
Price Per Sq Ft 44.61
Acceptable Financing Cash Other
Vacation Rental Y/N N
Days on Market 1
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Tax Lot 00013
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Other
Water View Y/N N
Building Area Total 6274.00
Lot Dimensions 59.40 x 0.00
Lot Size Acres 1.02
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 18600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 80
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* Excluded Features
List By
Homesmart First Advantage Realty

Broker

elainegulliford1@gmail.com

Email

Affordability Calculator

$2,382
Per Month
78%
22%
0%
Monthly Principal & Interest
$1,860
Monthly Property Taxes
$521
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/4/2024$279,900 Listed Price

Map


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80 S Broad Street, Penns Grove, NJ, 08069 is a Commercial Property for sale at $279,900 with 6,274 sqft and a lot size of 1.02. 80 S Broad Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 08069 which is in Penns Grove, NJ