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$625,000 Just Listed

  • For Sale
  • Active
  • Commercial Investment
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Exceptional opportunity to acquire 14.72± acres in Elk Township with M-1 Light Manufacturing zoning, improved by a completely updated approximately 2,148 SF residence. The property offers approximately 367.66 feet of frontage on Union Street/CR 619 and is strategically located with convenient access to Route 55, Route 47/Delsea Drive, Route 322 and Rowan University. The combination of substantial acreage, M-1 zoning and an existing residence creates a compelling opportunity for a contractor, trades business, service company, owner-user or investor seeking a property where business and residential needs may potentially be combined. The existing bi-level residence was extensively renovated in 2025 and provides approximately 2,148 SF of finished space, offering the possibility of an on-site residence, office/administrative space or other ancillary use, subject to municipal approvals. The large site provides significant open and wooded acreage with ample room for parking and potential future utilization. Also being marketed through the residential MLS, CoStar and LoopNet.

Full Property Details for 291 Union St

General

  • Price: $625,000
  • Taxes: $8,316 (2025)
  • Status: Active
  • Type: Commercial Investment
  • Source: BrightMLSPhilly
  • MLS ID: NJGL2078484
  • Updated: 9/16/2026
  • Added to Site: 1 day(s) ago

Business

  • Business Type: Other

Interior

  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate Plank

Rooms

Bathrooms

  • Restrooms: 3

Parking

  • Total Spaces: 18
  • Parking Features: Circular Driveway, Private, Stone Driveway
  • Parking Type: Driveway

Location

  • Area: Elk Twp (20804)
  • Municipality: ELK TWP
  • County: GLOUCESTER
  • Driving Directions: NJ-77 (2.0 Miles) (R) onto Ellis Mill Road (0.6 Miles) (L) onto Union Street (1.0 Miles) PIQ on Left

School Information

  • High School: Delsea Regional H.S.

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: On Site Septic
  • Water: Private, Well
  • Utility Description: Cable TV Available

Structural Information

  • Construction: Frame
  • Basement: Yes
  • Foundation: Block
  • Roof: Shingle
  • Stories Description: Main
  • Building Size: 2148
  • Year Built: 1970
  • Year Built Source: Assessor
  • Property Condition: Good

Unit Information

  • # Tenants: Multiple
  • Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1

Lot Features

  • Lot Size (Acres): 14.72
  • Lot Size (Sq. Ft.): 641,203
  • Lot Size Source: Assessor
  • Street/Road Desc.: Black Top
  • Zoning: M-1

Financial Considerations

  • Price Per Sq. Ft.: $290.97
  • Assessment Year: 2021
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $225,500
  • Tax Amount: $8,316
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: Refrigerator, Range, Microwave Oven, Dishwasher
  • Lot Number: 16

Listed by Penzone Realty, Joseph P Penzone

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Listing agent

— 291 Union St —

  • Joseph P Penzone

    Penzone Realty

Listing Office Email: jpenzone@penzonerealty.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 291 Union St

School Districts:Elk Township School District, Delsea Regional High School School District
NameGradesDistance
Aura Elementary School
900 Clems Run, Glassboro, NJ 08028
PK-61.3 mi
Delsea Regional Middle School
Fries Mill Rd, Franklin, NJ 08322
7-86.5 mi
Delsea Regional High School
242 Fries Mill Rd, Franklin, NJ 08322
9-126.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 291 Union St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/16/2026
Listed
$625,000
932.22%
MLS
4/24/2013
Sold
$60,549
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 291 Union St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$8,316
—
$225,500
—
2022
$8,283
-1%
$225,500
—
2021
$8,382
1%
$225,500
—
2020
$8,301
5%
$225,500
—
2018
$7,895
3%
$225,500
—
2017
$7,676
11%
$225,500
10%
2016
$6,915
10%
$205,200
7%
2015
$6,278
-22%
$191,800
-15%
2019
$8,044
51%
$225,500
18%
2013
$5,330
—
$191,800
7%
2013
$5,330
—
$179,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Penzone Realty, Joseph P Penzone

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291 Union Street, Glassboro, NJ 08028 (MLS# NJGL2078484) is a Commercial Investment property. 291 Union Street is currently listed for $625,000 and was received on September 16, 2026. Want to learn more about 291 Union Street? Do you have questions about finding other Commercial Investment real estate for sale in Glassboro? You can browse all Glassboro real estate or contact a Coldwell Banker agent to request more information.

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