• 80 S Broad Street PENNS GROVE, NJ 08069

  • $279,900
  • 0
    Bed(s)
  • 0
    Baths
  • 0
    Sq Ft
  • 44431.2
    Sqft

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.

Property Type :

Multi-Family

County :

SALEM

Style :

Multi-Family

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Property Details

 

Water/Sewer

Water Source : Public

Heating & Cooling

Cooling: Multi Units,Window Unit(s)

Heating: Forced Air

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Building Information

Year Built: 1920

Structure: Other

New Construction: No

Total Units: 4

Built: 1920

Construction Material: Mixed

Architecture: Other

Pool/Private: No Pool

Pool Information

Pool: No Pool

Utility Features

Sewer: Public Sewer

Water

Water Heat: Natural Gas

Lot Information

Lot Size: 44,431

Dimensions: 59.40 x 0.00

Lot Size (Acres): 1.02

Architectural Style: Other

Main Square Feet: 44,431

Property Information

SQ ft: 6,292

SQ ft (Living Area): 6,292

Total Lot SQ ft: 44,431

Financing: Cash,Other

Appx. Lot Dimensions: 59.40 x 0.00

Total Acreage: 1.02

New Construction: No

Type: Other

Listing Information

Possession: Immediate,Subject to Existing Lease

Days Of Market: 1

Tax Information

Annual Tax: $6,255

Tax Year: 2023

Total Taxes Payment Frequency: Annually

Possession

Immediate,Subject to Existing Lease

Assessment Information

Taxes Assessment Amount: $116,700

Parking Information

Parking Type: Other

Has Garage: N

Multi-Unit Information

Acceptable Financing: Cash,Other

Homeowners Association Information

Direction: GPS

School Information

School District: PENNS GROVE-CARNEYS POINT SCHOOLS

Utility Information

Water Source: Public

Sewer: Public Sewer

Cooling Fuel: Electric

Heating Fuel: Natural Gas

Hot Water: Natural Gas

Location Information

Location Type: Downtown

Direction: GPS

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
369-01 Route 40 , Penns Grove, NJ,08069 $500,000 -- -- 217,800 217800 Sqft
210 Penns Grove Auburn .., Penns Grove, NJ,08069 $813,800 -- -- 545,371 545371 Sqft
88 Railroad Avenue , Penns Grove, NJ,08069 $59,900 -- -- 7,260 7260 Sqft
530 Penns Grove Auburn .., Penns Grove, NJ,08069 $1,023,000 -- -- 3,730,914 3730914 Sqft
530 Penns Grove Auburn .., Penns Grove, NJ,08069 $1,023,000 4 2.0 -- 3730914 Sqft
90 W Pitman Street , Penns Grove, NJ,08069 $350,000 5 3.0 1,554 5227 Sqft
145 N Virginia Avenue , Penns Grove, NJ,08069 $95,000 -- -- 15,002 15002 Sqft
78 W Harmony Street , Penns Grove, NJ,08069 $150,000 3 2.0 1,524 3611 Sqft
553 Harding Highway , Penns Grove, NJ,08069 $155,000 4 1.0 1,476 5275 Sqft
19 School Lane , Penns Grove, NJ,08069 $379,900 3 3.0 -- 11299 Sqft

Data provided by Bright MLS. Property information is for the users personal, non-commercial use. Information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties that appear on the website may no longer be for sale, and may be under contract or sold. ©2024 Bright MLS, All Rights Reserved. Information is reliable but not guaranteed.

ByOwner last updated this listing 05/19/2024 @ 12:47

MLS: NJSA2010896
LISTED BY: Elaine C Gulliford , HomeSmart First Advantage Realty
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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