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72 S Broad Street, Penns Grove, NJ 08069
$335,000 Sale Pending
72 S Broad Street, Penns Grove, NJ 08069View this property at 72 S Broad Street, Penns Grove, NJ 08069
72 S Broad StreetPenns GroveNJ08069
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Property Description
Amazing Investment Opportunity in this 8,388 Square Foot Mixed-Use Building. This Building comes with a 1st Floor Huge Commercial Space. A lot of possibilities with this space, including using the front part for a commercial business and converting the back parts into 2 more apartments. The rest of this Massive Building comes with 3 Large Apartments A, B, & C. Apartment A comes with 3 Bedrooms, 1 Full Bathroom, and an Open Living Room/Kitchen. Apartment B also comes with 3 Bedrooms, 1 Full Bathroom, and an Open Living Room/Kitchen. Apartment C is the size of a Large Home and features 5 Bedrooms, 2 Full Bathrooms, a Huge Eat-In Kitchen with an Eating Area, a Laundry Room, and a Living Room. Once tidied up, the projected rents for each unit are Unit A at $1,500/month, Unit B at $1,500/month, Unit C at $2,000/month, and the Commercial Space at $2,000/month. This Building also comes with a Gated Private Parking Lot for the Tenants with parking for 10+ cars!!! All units have separate utilities and are currently vacant. Property is being sold in As-Is, Where-Is Condition. Don't miss the opportunity to buy this investment property today!
Full Property Details
Full Property Details for 72 S Broad St
General
- Price: $335,000
- Taxes: $8,254 (2023)
- Status: Pending
- Type: Warehouse
- MLS ID: NJSA2010522
- Updated: 4/19/2024
- Added to Site: 32 day(s) ago
Business
- Business Type: Apartment Building, Hair Salon and Spa, Medical, Othe
Interior
- Flooring: Laminated, Vinyl, Tile/Brick, Carpet
Additional Information
- Security/Safety: Security System
Parking
- Total Spaces: 13
- Parking Features: Paved Parking
- Parking Type: On Street, Parking Lot
Location
- Area: Penns Grove Boro (21708)
- Municipality: PENNS GROVE BORO
- County: Salem
- Development Name: None Available
- Subdivision: None Available
- Cross Streets: Main St
- Driving Directions: From Virginia Ave & Main St, take Main St west to a left on Broad St to the property on the right side of the street.
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Block, Brick, Stone
- Foundation: Slab
- Roof: Flat
- Ceiling Height: 8' to 10'
- Doors: Six Panel
- Stories/Levels: 2
- Year Built: 1943
- Year Built Source: Assessor
- Property Condition: Average
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.32
- Lot Size (Sq. Ft.): 14,026
- Lot Size Source: Assessor
- Lot Dimensions: 75.00 x 187.00
- Fence: Yes
- Lot Features: Level
- Zoning: COMMERCIAL
- Lot Description: Level
Financial Considerations
- Price Per Sq. Ft.: $39.94
- Assessment Year: 2023
- Tax w/Assessment: $154,000
- Tax Amount: $8,254
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Investment: Yes
- Lot Number: 12
Listed by Keller Williams Realty - Washington Township, Joshua Behr
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Schools
Schools serving 72 S Broad St
School District:Penns Grove-Carneys Point Schools
Rating | Name | Grades | Distance |
---|---|---|---|
251 E Maple Ave, Penns Grove, NJ 08069 | 4-5 | 0.5 mi | |
144 Field St, Carneys Point, NJ 08069 | 1-3 | 0.6 mi | |
Lafayette-Pershing School
237 Shell Rd, Carneys Point, NJ 08069 | PK-K | 0.9 mi | |
351 E Maple Ave, Penns Grove, NJ 08069 | 6-8 | 0.6 mi | |
334 Harding Hwy, Carneys Point, NJ 08069 | 9-12 | 1 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 72 S Broad St
Date
Details
Price
Change
Source
3/27/2024
Listed
$335,000
2133.33%
MLS
12/30/2013
Sold
$15,000
—
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 72 S Broad St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$7,957
2%
$154,000
—
2022
$7,780
2%
$154,000
—
2021
$7,614
12%
$154,000
-9%
2018
$6,821
-12%
$169,100
10%
2019
$7,746
13%
$154,000
-9%
2017
$6,845
4%
$169,100
—
2016
$6,586
4%
$169,100
—
2015
$6,309
2%
$169,100
—
2013
$6,208
—
$169,100
—
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 72 S Broad St
72 S Broad Street, Penns Grove, NJ 08069 (MLS# NJSA2010522) is a Warehouse property. 72 S Broad Street is currently listed for $335,000 and was received on March 27, 2024. Want to learn more about 72 S Broad Street? Do you have questions about finding other Warehouse 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.