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35 W Main Street, Penns Grove, NJ 08069
$100,000
35 W Main Street, Penns Grove, NJ 08069View this property at 35 W Main Street, Penns Grove, NJ 08069
35 W Main StreetPenns GroveNJ08069
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Property Description
FINAL OFFERS DUE MONDAY 2/12/24. Start building your investment portfolio with this four-plex property with tremendous rental income potential. The seller has completed plans for two -2 bed/1 bath units and two -3 bed/2 bath units ready for the new owner to utilize. This property is in need of a full rehab with estimated renovation costs of 150k HOWEVER think about the possibility of monthly combined rental income of $6,000-$7,000. Live in one unit and rent the other three, the choice is yours. Start the new year with this purchase then start building equity and invest in yourself with this fixer that can be your ticket to retirement. Cash offers only. Property sold As-Is with buyer to complete all due diligence. Buyer responsible for any required CO/inspections for ownership transfer.
Full Property Details
Full Property Details for 35 W Main St
General
- Sold For: $100,000
- Taxes: $2,304 (2022)
- Status: Closed
- Type: Multi-Family
- MLS ID: NJSA2009760
- Added to Site: 112 day(s) ago
Parking
- Parking Type: Driveway
Location
- Area: Penns Grove Boro (21708)
- Municipality: PENNS GROVE BORO
- County: Salem
- Cross Streets: S Broad St
- Driving Directions: 295 South to exit 4 (NJ-48W) to 35 W Main St on the right side.
School Information
- School District: Penns Grove-Carneys Point Schools
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Heating Fuel: Natural Gas
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Structure Type: Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Partial
- Foundation: Other
- Roof: Pitched, Shingle
- Stories/Levels: 0
- Square Feet: 3,708
- Sq. Ft. Source: Assessor
- Living Area: 3,708 Sq. Ft.
- Finished Above Grnd: 3,708 Sq. Ft.
- Year Built: 1930
- Year Built Source: Assessor
Unit Information
- 2 Bedroom Units: 2
- 3 Bedroom Units: 2
Lot Features
- Lot Size (Acres): 0.23
- Lot Size (Sq. Ft.): 9,808
- Lot Size Source: Estimated
- Lot Dimensions: 50.30 x 195.00
- Zoning: RES
Financial Considerations
- Price Per Sq. Ft.: $24
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $44,600
- Tax Amount: $2,304
- Tax Year: 2022
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3708
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
- Ownership: Fee Simple
- Lot Number: 22
Listed by Real Broker, LLC, Yuki Potter
Sold by RealtyMark Properties, Ryan P Sykes and RealtyMark Properties, Rada Culciar
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Schools
Schools serving 35 W Main St
School District:Penns Grove-Carneys Point Schools
Rating | Name | Grades | Distance |
---|---|---|---|
144 Field St, Carneys Point, NJ 08069 | 1-3 | 0.6 mi | |
251 E Maple Ave, Penns Grove, NJ 08069 | 4-5 | 0.7 mi | |
Lafayette-Pershing School
237 Shell Rd, Carneys Point, NJ 08069 | PK-K | 1.1 mi | |
351 E Maple Ave, Penns Grove, NJ 08069 | 6-8 | 0.8 mi | |
334 Harding Hwy, Carneys Point, NJ 08069 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 35 W Main St
Date
Details
Price
Change
Source
3/22/2024
Sold
$100,000
12.36%
MLS
1/13/2024
Listed
$89,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
35 W Main Street, Penns Grove, NJ 08069 (MLS# NJSA2009760) is a Multi-Family property that was sold at $100,000 on March 22, 2024. Want to learn more about 35 W Main Street? Do you have questions about finding other Multi-Family 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.