80 S BROAD ST, Penns Grove, NJ 08069
Listed by Carla Cornick • Coldwell Banker Realty
$234,999
Est. payment /mo
Save
1.02 Acres Lot
Price Dropped by $35K

80 S BROAD ST Penns Grove, NJ 08069

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Shayna Queen

Shayna Queen

+1(443) 228-6688

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJSA2016184

Year Built 1920

Annual Tax Amount $6,255

Tax Year 2023

Lot Size 1.020 Acres

Acres 1.02

Lot Dimensions 50.00 x 170.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

This 4-unit mixed-use property presents a tremendous opportunity and includes two storefronts (totaling 4,024 sq. ft.) along with a separate two-unit duplex (2,250 sq. ft.). The duplex is fully rented with cooperative tenants, generating $$1500 per month for the 3BR/1BA unit and $$1450 per month for the 2BR/1BA unit, for a total annual rental income of $35,100. Both residential units are separately metered.

The commercial buildings offer significant potential for renovation and can be adapted for a wide variety of uses. The property is being sold strictly as-is, with the buyer responsible for all due diligence, all permits and all required inspections. Please note that this property may not qualify for conventional financing. Acceptable financing options include cash purchase, hard money loan, or commercial loan. SOLD STRICTLY AS-IS. SELLER WILL MAKE NO REPAIRS.

Location

State NJ

County Salem

Area Penns Grove Boro (21708)

Zoning MIXED

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Multi Units, Window Unit(s)

Heat Source Natural Gas

Exterior

Garage Spaces 5.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 5

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Penns Grove-Carneys Point Schools

Others

Tax ID 08-00065-00013

Ownership Fee Simple

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Financing Cash,Other

Special Listing Condition Standard

Bright MLS (BMLS)
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION
Shayna Queen

Shayna Queen

Agent License ID: 5001395

+1(443) 228-6688

Full Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Shayna Queen Real Estate, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

80 S BROAD ST

QUICK SEARCH
There are 17 quick searches