Address
80 S Broad Street, Penns Grove, NJ
Price
$ 279,900
Property Attributes
- MLS#NJSA2010896
- TypeMulti-Family
- CountySALEM
- CityPenns Grove
- AreaPenns Grove Boro
- Zip08069
- Style
- Year Built1920
- Taxes$ 6255
- Price$ 279,900
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.02 Acres
Data Source:
Bright MLS
Property Description
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.
| Price History | |
|---|---|
| 5/4/2024 | Listed $279,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Forced Air |
| Cooling | Multi Units,Window Unit(s) |
| Possession | Immediate,Subject to Existing Lease |
| Zoning | MIXED |
| Architectural Style | Other |
| Construction Materials | Mixed |
| Exclusions | Tenant personal property |
| Year Built | 1920 |
| Property SubType | Duplex |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Accessibility | 2+ Access Exits |
| County | SALEM |
| New Construction | No |
| Property Type | Multi-Family |
| Garage Y/N | No |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Status | ACTIVE |
| Directions | GPS |
| ModificationTimestamp | 2024-05-08T00:06:30 |
| 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 |
| Tax Assessed Value | 116700.0 |
| Waterfront Y/N | No |
| Street Name | BROAD |
| Tax Annual Amount | 6255.0 |
| Two Bedroom | 1 |
| Structure Type | Other |
| Other Units | Unit 1,Unit 2,Unit 4,Unit 3 |
| Price Per Sq Ft | 44.49 |
| Acceptable Financing | Cash,Other |
| Vacation Rental Y/N | No |
| Total SQFT | 6292 |
| Days on Market | 1 |
| Location Type | Downtown |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 00013 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Hot Water | Natural Gas |
| Basement (Y/N) | No |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Street Suffix | STREET |
| Central Air Y/N | No |
| LivingAreaSource | Estimated |
| Three Bedroom Units Count | 1 |
Exterior Features
| Pool Y/N | No Pool |
|---|---|
| Water Source | Public |
| Type of Parking | Other |
| Water View Y/N | No |
| 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 | No |
| Water Oriented Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 08069
Price
Taxes
Visits
Year Built
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