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…
•
Last updated Oct 30, 2024
•
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
MLS# NJSA2012494 —
The Building
-
Year Built:1943
-
Year Built Source:Assessor
-
New Construction:No
-
Construction Materials:Block, Brick, Stone
-
Structure Type:Detached
-
Architectural Style:Unit/Flat
-
Building Levels:2
-
Building Units Total:4
-
Roof:Flat
-
Door Features:Six Panel
-
Security Features:Security System
-
Window Features:Replacement
-
Accessibility Features:None
-
Foundation Details:Slab
-
Basement:No
-
Total SqFt Source:Assessor
-
Total Below Grade SqFt Source:Assessor
-
Tax Total Finished SqFt:8388
Interior
-
Interior Features:Carpet, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Island, Primary Bath(s)
-
Room Count:25
-
Flooring Type:Laminated, Vinyl, Tile/Brick, Carpet
-
Fireplace:No
-
Wall & Ceilings:Dry Wall, Brick
-
Living Area SqFt Source:Assessor
Room Dimensions
-
Total SqFt:8388
-
Living Area SqFt:8,388 Sqft
Financial & Terms
-
Sale Type:Standard
-
Acceptable Financing:Cash, Other
-
Possession:0-30 Days CD
Location
-
Directions:Right hand side of S Broad St.
-
Cross Street:Main St
-
Latitude:39.72788239
-
Longitude:-75.46996307
The Property
-
Property Type:Multi-Family
-
Property Subtype:Quadruplex
-
Lot Size Units:Square Feet
-
Lot Size Acres:0.32
-
Lot Size Source:Assessor
-
Lot Size Dimensions:75.00 x 187.00
-
Lot Dimensions Source:Assessor
-
Lot Features:Level
-
Lot SqFt:14,026 Sqft
-
Zoning:COMMERCIAL
-
Other Structures:Above Grade, Below Grade
-
Water View:No
-
Waterfront:No
-
Water Oriented:No
-
Water Access:No
-
Navigable Water:No
-
Tidal Water:No
-
Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 261-2894
- Office phone:
- (856) 434-4050
Taxes
-
Tax ID Number:08-00065-00012
-
Tax Year:2023
-
Tax Lot:00012
-
Tax Annual Amount:$8,254
-
Tax Assessed Value:$154,000
-
Year Assessed:2023
-
Total Taxes Payment Frequency:Annually
Heating & Cooling
-
Cooling Type:Window Unit(s)
-
Central Air:No
-
Cooling Fuel:Electric
-
Heating:Yes
-
Heating Type:Forced Air
-
Heating Fuel:Natural Gas
Utilities
-
Sewer/Septic:Public Sewer
-
Electric Service:200+ Amp Service, Circuit Breakers
-
Hot Water:Electric, Natural Gas
-
Water Source:Public
Appliances
-
Appliances:Dryer, Oven/Range - Electric, Refrigerator, Washer, Water Heater
Schools
-
School District Name:Penns Grove Carneys Point Schools
-
School District Source:Listing Agent
The Community
-
Exterior Features:Exterior Lighting, Sidewalks, Street Lights
-
Pool:No Pool
Parking
-
Total Garage and Parking Spaces:10
-
Garage:No
-
Type of Parking:On Street, Parking Lot
-
Parking Features:Paved Parking
-
Parking Lot - # of Spaces:10
Extra Units
-
Other Units:Unit 1,Unit 2,Unit 4,Unit 3
-
Vacation Rental:No
-
Units Furnished:None
-
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 |
---|---|---|---|---|
10/24/24
Oct 24, 2024
|
Listed / Active | BRIGHT | $349,900 |