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$270,000
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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.
Full Property Details
Full Property Details for 80 S Broad St
General
- Price: $270,000
- Taxes: $6,255 (2023)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: NJSA2016184
- Updated: 7/25/2026
- Added to Site: 347 day(s) ago
Business
- Business Type: Flex, Professional, Other
Parking
- Total Spaces: 5
- Parking Type: Other
Location
- Area: Penns Grove Boro (21708)
- Municipality: PENNS GROVE BORO
- County: SALEM
- Driving Directions: Harding Hwy to Broad St.
- Location Details: Downtown
Heating & Cooling
- Cooling Type: Multi Units, Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Mixed
- Building Size: 6292
- Year Built: 1920
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 3
Lot Features
- Lot Size (Acres): 1.02
- Lot Size (Sq. Ft.): 44,431
- Lot Size Source: Estimated
- Lot Dimensions: 50.00 x 170.00
- Zoning: MIXED
Financial Considerations
- Price Per Sq. Ft.: $42.91
- Assessment Year: 2023
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $116,700
- Tax Amount: $6,255
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant personal property
- Investment: Yes
- Lot Number: 13
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 80 S Broad St
School District:Penns Grove-Carneys Point Regional School District
| Name | Grades | Distance |
|---|---|---|
Paul W. Carleton Elementary School 251 East Maple Avenue, Penns Grove, NJ 08069 | 4-5 | 0.5 mi |
Field Street Elementary School 144 Field Street, Carneys Point Township, NJ 08069 | 1-3 | 0.6 mi |
Lafayette-Pershing Elementary School 237 Shell Road, Carneys Point Township, NJ 08069 | PK-K | 0.9 mi |
Penns Grove Middle School 351 East Maple Avenue, Penns Grove, NJ 08069 | 6-8 | 0.6 mi |
Penns Grove High School 334 Harding Highway, Carneys Point Township, NJ 08069 | 9-12 | 1 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 80 S Broad St
Date
Details
Price
Change
Source
9/07/2025
Listed
$270,000
260%
MLS
6/08/2021
Sold
$75,000
—
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 80 S Broad St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,592
5%
$116,700
—
2023
$6,255
4%
$116,700
—
2022
$6,030
2%
$116,700
—
2022
$5,896
2%
$116,700
—
2021
$5,770
-5%
$116,700
-22%
2018
$6,051
3%
$150,000
29%
2019
$5,870
-3%
$116,700
-22%
2017
$6,072
4%
$150,000
—
2016
$5,842
4%
$150,000
—
2015
$5,596
2%
$150,000
—
2013
$5,506
—
$150,000
—
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 80 S Broad St
80 S Broad Street, Penns Grove, NJ 08069 (MLS# NJSA2016184) is a Commercial Service property. 80 S Broad Street is currently listed for $270,000 and was received on September 07, 2025. This property is listed by Carla Cornick from our Haddonfield Office.Want to learn more about 80 S Broad Street? Do you have questions about finding other Commercial Service 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.


