2 Chestnut Street, Pennsville, NJ 08070 - Photo 1

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$359,900

For Sale
Active
Commercial Service

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Property Description

This commerical office buildings consists of 2 seperate buildings (1 deed, 1 tax bill). The property consists of a 2 story building with 3 office rental units and a seperate building in the rear of the property. The entire first floor of the main building is an approx. 1,200 unit with a reception area , 3 private offices, a storage area and a private rest room. That suite has it's own HVAC system. The 2nd floor consists of 2 suites both with a reception area and 2 private offices. The 2nd floor suites share a common bathroom. There is a seperate building out back (faces Chestnut St.) It is 1 large open area with it's own restroom. That building is serviced by electric baseboard heat and a wall a/c unit. The buildings are serviced by a paved parking lot with 9 parking spaces and night time lighting. The lawn has a sprinkler irrigation system. Recent updates include a new roof on the main building in 2019, all new windows on the 2nd floor newer Luxury Vinyl Flooring in unit C and also in the back building. A new front door with dual sidelights has been installed. 2 Natural gas lines have been installed in anticipation of converting ther building's heaters from fuel oil to natural gas. The current combined rental income is $3,925 per month. Many possiblities!!! Use one unit for your own business and use the incomes from the other units to cover your expensing. 48 hour notice is required for all showings, Possible uses for the building are a business office, an attorney's office, Insurance office, doctor's office, etc. Unit A in the main building is currently vacant..... It's a great time to move your business into this great building! **The listing agent is the property owner

Full Property Details

Full Property Details for 2 Chestnut St

General

Price: $359,900
Taxes: $13,974 (2025)
Status: Active
Type: Commercial Service
Source: BrightMLSPhilly
MLS ID: NJSA2017658
Updated: 1/14/2026
Added to Site: 20 day(s) ago

Business

Business Type: Garden Center, Hair Salon and Spa, Medical, Other/Gen

Interior

Flooring: Carpet, Luxury Vinyl Plank, Other, Marble

Rooms

Bathrooms

Restrooms: 3

Additional Information

Security/Safety: Carbon Monoxide Detector(s), Smoke Detector

Parking

Total Spaces: 9
Parking Type: Off Site, Parking Lot, Driveway

Location

Area: Pennsville Twp (21709)
Municipality: PENNSVILLE TWP
County: SALEM
Cross Streets: South Broadway
Driving Directions: Rt. 49 East past River Beach Parl, go thru blinker light, building on right, corner of South Broadway (rote 49) and Chestnut St. Parking lot on Chestnut.
Location Details: Suburban

School Information

Elementary School: Pennsville
Middle School: Pennsville M.S.
High School: Pennsville Memorial H.S.

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C, Multi Units, Programmable Thermostat, Wall Unit, Zoned
Cooling Fuel: Electric
Heating Type: Forced Air, Programmable Thermostat, Radiant
Heating Fuel: Electric, Oil
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Brick
Foundation: Slab
Roof: Architectural Shingle
Building Size: 2900
Year Built: 1972
Year Built Source: Estimated
Property Condition: Very Good, Good

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 0.2
Lot Size (Sq. Ft.): 8,751
Lot Size Source: Assessor
Lot Dimensions: 50.00 x 175.00
Frontage Feet: 225
Street/Road Desc.: Black Top
Fence: Yes
Zoning: 4
Lot Description: Corner, Level, Road Frontage

Financial Considerations

Price Per Sq. Ft.: $124.1
Assessment Year: 2025
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $268,800
Tax Amount: $13,974
Tax Year: 2025
Owner Pays: Electricity, Heat, Insurance, Lawn/Shrub Care, Sewer, Snow Removal, Taxes - Real Estate, Trash Collection, Water

Disclosures and Reports

Ownership: Fee Simple
Investment: Yes
Lot Number: 4

Listed by Mahoney Realty Pennsville, LLC, David H. Wright

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Listing agent

— 2 Chestnut St —

David H. Wright

Mahoney Realty Pennsville, LLC

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Schools

Schools serving 2 Chestnut St

School District:Pennsville Township School District

Name	Grades	Distance
Penn Beach Elementary School 96 Kansas Rd, Pennsville Township, NJ 08070	4-5	1 mi
Central Park Elementary School 43 Oliver Ave, Pennsville Township, NJ 08070	2-3	1 mi
Valley Park Elementary School 63 Mahoney Road, Pennsville Township, NJ 08070	PK-1	1.6 mi
Pennsville Middle School 4 William Penn Avenue, Pennsville Township, NJ 08070	6-8	0.4 mi
Pennsville Memorial High School 110 S Broadway, Pennsville Township, NJ 08070	9-12	0.3 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 2 Chestnut St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

1/14/2026

Listed

$359,900

89.42%

MLS

6/30/2004

Sold

$190,000

—

Public Record

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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 2 Chestnut St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$13,703

4%

$268,800

—

2023

$13,193

3%

$268,800

—

2022

$12,779

3%

$268,800

—

2021

$12,427

8%

$268,800

—

2019

$11,454

4%

$268,800

—

2018

$11,042

4%

$268,800

—

2017

$10,653

9%

$268,800

—

2016

$9,803

5%

$268,800

—

2015

$9,354

3%

$268,800

—

2013

$9,045

—

$268,800

—

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 2 Chestnut St

2 Chestnut Street, Pennsville, NJ 08070 (MLS# NJSA2017658) is a Commercial Service property. 2 Chestnut Street is currently listed for $359,900 and was received on January 14, 2026. Want to learn more about 2 Chestnut Street? Do you have questions about finding other Commercial Service real estate for sale in Pennsville? You can browse all Pennsville real estate or contact a Coldwell Banker agent to request more information.

2 Chestnut St Pennsville, NJ 08070