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Image 1 - 80 South Broad Street, Penns Grove, Salem County, NJ 08069, USA - House for sale

Image 2 - 80 South Broad Street, Penns Grove, Salem County, NJ 08069, USA - House for sale

Image 3 - 80 South Broad Street, Penns Grove, Salem County, NJ 08069, USA - House for sale

Image 4 - 80 South Broad Street, Penns Grove, Salem County, NJ 08069, USA - House for sale

Image 5 - 80 South Broad Street, Penns Grove, Salem County, NJ 08069, USA - House for sale

Image 6 - 80 South Broad Street, Penns Grove, Salem County, NJ 08069, USA - House for sale

Image 7 - 80 South Broad Street, Penns Grove, Salem County, NJ 08069, USA - House for sale

Image 8 - 80 South Broad Street, Penns Grove, Salem County, NJ 08069, USA - House for sale

Home For Sale In Penns Grove, New Jersey

80 South Broad Street, Penns Grove, Salem County, NJ 08069, USA

Home For Sale In Penns Grove, New Jersey

house for sale

Listed: 05/11/24

80 South Broad Street, Penns Grove, Salem County, NJ 08069, USA

5 Bed:

6,292 Sq Ft Living Area:

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Price

$ 279,900

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About This House

Attention Investors - 4- Unit Opportunity consists of TWO-- Store Fronts (a total of4, 024Sq Ft) and a separate 2-Unit Duplex (2, 250 Sq Ft). The Duplex is fully rented with cooperative tenants for$1, 575mo (3BR 1BA) and$1, 350mo (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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Original listing

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Penns Grove Housing & Living

Household Income

Median household income: $37,188

Number of households: 1,745

The average household income in Penns Grove, NJ grew from $34,439 to $37,188 in the past year. This data is an estimate based upon 1,745 households in Penns Grove, NJ.
The chart below presents how household income is distributed in Penns Grove, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Penns Grove, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Penns Grove, NJ equals $3k+ , which is more than the national average.