72 S Broad Street
Penns Grove, NJ 08069
- – beds
- – baths
- 8,388 sqft
- 14,026 sqft lot
- $41 per sqft
- 1943 build
Exceptional Investment Opportunity! This expansive 8,388 square foot mixed-use property offers versatility and potential for great returns. The first floor features a large commercial space perfect for a variety of businesses, with the option to convert the rear section into two additional residential units. The upper floors include three spacious apartments. Units A and B each offer 3 bedrooms, 1 bathroom, and an open-plan living area with a combined kitchen and living room. Unit C is as large as a single-family home, featuring 5 bedrooms, 2 full bathrooms, a spacious eat-in kitchen with dining area, a laundry room, and a generous living room. With some improvements, the estimated rental income is $1,500 per month for Units A and B, $2,000 for Unit C, and $2,000 for the commercial space. The property also includes a gated parking lot that accommodates 10+ cars, offering added convenience for tenants. Each unit has its own utilities, and all units are currently vacant. This property is being sold as-is, where is condition.. Don't miss out on this prime investment!
Listing courtesy of BRIGHT / Romano Realty
Last checked:
Checking…
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Last updated Nov 7, 2024
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MLS# NJSA2012494 —
The Building
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Year Built:1943
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Block, Brick, Stone
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Structure Type:Detached
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Architectural Style:Unit/Flat
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Building Levels:2
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Building Units Total:4
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Roof:Flat
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Door Features:Six Panel
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Security Features:Security System
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Window Features:Replacement
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Accessibility Features:None
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Foundation Details:Slab
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Basement:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:8388
Interior
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Interior Features:Carpet, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s)
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Room Count:25
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Flooring Type:Laminated, Vinyl, Tile/Brick, Carpet
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Fireplace:No
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Wall & Ceilings:Dry Wall, Brick
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:8388
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Living Area SqFt:8,388 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Other
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Possession:0-30 Days CD
Location
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Directions:Right hand side of S Broad St.
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Cross Street:Main St
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Latitude:39.72788239
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Longitude:-75.46996307
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Lot Size Units:Square Feet
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Lot Size Acres:0.32
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Lot Size Source:Assessor
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Lot Size Dimensions:75.00 x 187.00
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Lot Dimensions Source:Assessor
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Lot Features:Level
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Lot SqFt:14,026 Sqft
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Zoning:COMMERCIAL
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Other Structures:Above Grade, Below Grade
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Water View:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 261-2894
- Office phone:
- (856) 434-4050
Taxes
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Tax ID Number:08-00065-00012
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Tax Year:2023
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Tax Lot:00012
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Tax Annual Amount:$8,254
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Tax Assessed Value:$154,000
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Year Assessed:2023
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Window Unit(s)
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Central Air:No
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Electric Service:200+ Amp Service, Circuit Breakers
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Hot Water:Electric, Natural Gas
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Water Source:Public
Appliances
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Appliances:Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Schools
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School District Name:Penns Grove Carneys Point Schools
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School District Source:Listing Agent
The Community
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Exterior Features:Exterior Lighting, Sidewalks, Street Lights
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Pool:No Pool
Parking
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Total Garage and Parking Spaces:10
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Garage:No
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Type of Parking:On Street, Parking Lot
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Parking Features:Paved Parking
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Parking Lot - # of Spaces:10
Extra Units
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Other Units:Unit 1,Unit 2,Unit 4,Unit 3
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Vacation Rental:No
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Units Furnished:None
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Three Bedroom Units:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/6/24
Nov 6, 2024
|
Sold Subject To Contingencies | BRIGHT | $349,900 | |
10/24/24
Oct 24, 2024
|
Listed / Active | BRIGHT | $349,900 |