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$200,000
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Property Description
This property is a versatile and potentially valuable investment! With its commercial zoning, it offers the opportunity to run a professional or retail business, or alternatively, it can be converted back to a residential home if the necessary paperwork is filed and approved with the township. The property's interior features are appealing, including hardwood floors and trim, a beautiful fireplace, a kitchen, and a half bath on the lower level, as well as three spacious bedrooms and a large bathroom on the upper level. The non-load-bearing interior walls in the back addition provide flexibility for potential renovations, allowing for customization to suit specific needs. The ownership of solar panels is a fantastic eco-friendly feature, and it's even better that the solar system is owned rather than leased. This will likely lead to reduced energy costs, as evidenced by the low electric bill of $17 in February. Currently, this property receives roughly $3000/year in solar credits. Additionally, the LOMA (Letter of Map Amendment) to remove the property from the flood zone is a significant advantage, as it can affect insurance costs and overall property value. Overall, this property presents a unique opportunity. If you're interested in either using this property for your business or converting it back to residential use, now is the time to act! Reach out to us and make an offer. However, before proceeding, it's essential to conduct your due diligence, review the property's history and documentation, and possibly consult with professionals to understand the process of converting the zoning. Good luck with your potential acquisition!
Full Property Details
Full Property Details for 101 N Broadway
General
- Sold For: $200,000
- Taxes: $12,878 (2022)
- Status: Closed
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: NJSA2006586
- Added to Site: 1, 086 day(s) ago
Business
- Business Type: Professional, Other, Other/General Retail, Hair Salon
Interior
- Flooring: Hardwood
Rooms
Bathrooms
- Restrooms: 2
Parking
- Total Spaces: 6
- Parking Type: Parking Lot
Location
- Area: Pennsville Twp (21709)
- Municipality: PENNSVILLE TWP
- County: Salem
- Driving Directions: Rt 49 (North Broadway). Cross street is Brandriff Avenue.
- Location Details: Corner Lot/Unit
School Information
- Middle School: Pennsville
- High School: Pennsville Memorial
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Radiator, Forced Air
- Heating Fuel: Oil
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Multiple Phone Lines
Structural Information
- Construction: Frame
- Foundation: Block
- Stories/Levels: 0
- Year Built: 1921
- Year Built Source: Assessor
- Property Condition: Good
Unit Information
- # Tenants: Single
Lot Features
- Lot Size (Acres): 0.47
- Lot Size (Sq. Ft.): 20,626
- Lot Size Source: Assessor
- Lot Dimensions: 125.00 x 165.00
- Zoning: 4
Financial Considerations
- Price Per Sq. Ft.: $86.04
- Assessment Year: 2022
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $270,900
- Tax Amount: $12,878
- Tax Year: 2022
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: All medical/office equipment, Mirror above fireplace, fireplace equipment
- Inclusions: Fridge, stove, dishwasher, microwave, Washer/Dryer, all in as-is condition. Security cameras and phones - negotiable
- Lot Number: 8
Listed and Sold by Pino Agency, Cheryl Cashman
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Schools
Schools serving 101 N Broadway
School District:Pennsville Township School District
| Name | Grades | Distance |
|---|---|---|
Central Park Elementary School 43 Oliver Ave, Pennsville Township, NJ 08070 | 2-3 | 0.4 mi |
Penn Beach Elementary School 96 Kansas Rd, Pennsville Township, NJ 08070 | 4-5 | 1.5 mi |
Valley Park Elementary School 63 Mahoney Road, Pennsville Township, NJ 08070 | PK-1 | 1.9 mi |
Pennsville Middle School 4 William Penn Avenue, Pennsville Township, NJ 08070 | 6-8 | 0.8 mi |
Pennsville Memorial High School 110 S Broadway, Pennsville Township, NJ 08070 | 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 101 N Broadway
Date
Details
Price
Change
Source
10/31/2023
Sold
$200,000
-13.01%
MLS
9/07/2023
Price Reduced
$229,900
-4.17%
MLS
8/25/2023
Price Reduced
$239,900
-4%
MLS
8/06/2023
Price Reduced
$249,900
-3.85%
MLS
7/14/2023
Price Reduced
$259,900
-3.71%
MLS
6/23/2023
Price Reduced
$269,900
-6.9%
MLS
6/09/2023
Price Reduced
$289,900
-3.33%
MLS
5/22/2023
Price Reduced
$299,900
-2.94%
MLS
3/31/2023
Price Reduced
$309,000
-6.08%
MLS
2/17/2023
Price Reduced
$329,000
-5.73%
MLS
1/30/2023
Listed
$349,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
101 N Broadway, Pennsville Township, NJ 08070 (MLS# NJSA2006586) is a Retail property that was sold at $200,000 on October 31, 2023. Want to learn more about 101 N Broadway? Do you have questions about finding other Retail real estate for sale in Pennsville Township? You can browse all Pennsville Township real estate or contact a Coldwell Banker agent to request more information.

