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$310,000
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Property Description
Desirable Investment Opportunity - Multi-Unit Commercial Property on Prime Corner Lot! Discover the potential of this four-unit commercial building ideally located in the heart of Penns Grove's business district. Situated on a spacious corner lot, this property offers excellent visibility and accessibility. Each unit features separate utilities, and the large parking lot easily accommodates all tenants and customers. Three units are currently leased on a month-to-month basis, providing immediate rental income with flexibility. Don't miss out on this versatile and valuable property-schedule your showing today!
Full Property Details
Full Property Details for 11 N Virginia Ave
General
- Price: $310,000
- Taxes: $5,595 (2023)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: NJSA2014460
- Updated: 12/17/2025
- Added to Site: 314 day(s) ago
Business
- Business Type: Other/General Retail
Interior
- Flooring: Laminated
Parking
- Total Spaces: 15
- Parking Type: Parking Lot
Location
- Area: Penns Grove Boro (21708)
- Municipality: PENNS GROVE BORO
- County: SALEM
- Driving Directions: Take Rt40-W, turn r onto Harding Hwy, turn r onto N Virginia Ave
- Location Details: Corner Lot/Unit
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric, Natural Gas Available
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available
Structural Information
- Construction: Brick, Aluminum Siding
- Foundation: Slab
- Roof: Rubber, Asphalt
- Stories/Levels: 1
- Building Size: 2496
- Year Built: 1960
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
Lot Features
- Lot Size (Acres): 0.35
- Lot Size (Sq. Ft.): 15,107
- Lot Size Source: Estimated
- Zoning: COMMERCIAL
- Lot Description: Corner
Financial Considerations
- Price Per Sq. Ft.: $124.2
- Assessment Year: 2023
- Tax w/Assessment: $104,400
- Tax Amount: $5,595
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenants Belongings/Personal Belongings
- Inclusions: Shed as-is
- Lot Number: 1
Listed by Keller Williams Prime Realty, Kabree Eutsey
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Schools
Schools serving 11 N Virginia Ave
School District:Penns Grove-Carneys Point Regional School District
| Name | Grades | Distance |
|---|---|---|
Field Street Elementary School 144 Field Street, Carneys Point Township, NJ 08069 | 1-3 | 0.3 mi |
Paul W. Carleton Elementary School 251 East Maple Avenue, Penns Grove, NJ 08069 | 4-5 | 0.7 mi |
Lafayette-Pershing Elementary School 237 Shell Road, Carneys Point Township, NJ 08069 | PK-K | 1 mi |
Penns Grove Middle School 351 East Maple Avenue, Penns Grove, NJ 08069 | 6-8 | 0.7 mi |
Penns Grove High School 334 Harding Highway, Carneys Point Township, NJ 08069 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11 N Virginia Ave
Date
Details
Price
Change
Source
8/29/2025
Price Reduced
$310,000
-4.62%
MLS
4/13/2025
Listed
$325,000
400%
MLS
7/28/2017
Sold
$65,000
—
Public Record
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
Tax History for 11 N Virginia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,790
3%
$104,400
—
2023
$5,596
4%
$104,400
—
2022
$5,394
2%
$104,400
—
2022
$5,274
2%
$104,400
—
2021
$5,162
-21%
$104,400
-36%
2018
$6,567
25%
$162,800
56%
2019
$5,251
-20%
$104,400
-36%
2017
$6,590
4%
$162,800
—
2016
$6,341
4%
$162,800
—
2015
$6,074
2%
$162,800
—
2013
$5,976
—
$162,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11 N Virginia Ave
11 N Virginia Avenue, Penns Grove, NJ 08069 (MLS# NJSA2014460) is a Retail property. 11 N Virginia Avenue is currently listed for $310,000 and was received on April 13, 2025. Want to learn more about 11 N Virginia Avenue? Do you have questions about finding other Retail real estate for sale in Penns Grove? You can browse all Penns Grove real estate or contact a Coldwell Banker agent to request more information.

