204 S Broad Street Penns Grove, NJ $ 249,999
204 S Broad Street
$ 249,999
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204 S Broad Street

Penns Grove, NJ, 08069
$ 249,999
Bedrooms6 Baths0.0

Monthly Estimate*

$ 1,560

204 S Broad Street, Penns Grove, NJ 08069 - Image 1
204 S Broad Street, Penns Grove, NJ 08069 - Image 2

Multi-Family Home for sale in Penns Grove, NJ

for $249,999 with 6 bedrooms. This home was built in 1940.

Investor alert! This well-maintained duplex features two spacious units, each offering 3 bedrooms and 1 full bathroom. Both units are currently rented at $1,500/month, providing a solid $3,000/month in gross rental income. Each unit includes a private rear deck, giving tenants their own outdoor space and added privacy. The property is conveniently located near major highways, making it an attractive option for commuters and boosting long-term rental demand. Whether you're looking to expand your investment portfolio or secure your first income property, this fully occupied duplex delivers immediate returns with minimal effort.

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Multi-Family Contingent

Price

$ 249,999

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 4,608

Style

A-Frame

Year Built

1940

Town/City

Penns Grove

County/Region

Salem

MLS | Web ID

NJSA2015828

Features
General
Living Area 1920
Sewer Other
Heating Other
Cooling Other
Possession Immediate
Zoning RESIDENTIAL
Architectural Style A-Frame
Construction Materials Aluminum Siding
School District PENNS GROVE-CARNEYS POINT SCHOOLS
Year Built 1940
Property Subtype Duplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel Other Electric
Municipality PENNS GROVE BORO
Accessibility None
County SALEM
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE UNDER CONTRACT
Directions Please use GPS
City PENNS GROVE
Number Of Units Total 2
MLS Area Penns Grove Boro (21708)
Lot Size Units Square Feet
Lot Size Square Feet 0.00
Tax Annual Amount 4608.0
Two Bedroom 0
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 130.21
Vacation Rental Y/N N
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 00022
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Interior
Heating Fuel Other
Basement Sump Pump Unfinished Other
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Other
Type of Parking On Street
Foundation Details Other
Water View Y/N N
Lot Dimensions 55.60 x 0.00
Lot Size Acres 0.00
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 23300.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 204
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* Excluded Features
List By
Keller Williams Realty

Broker

tamam.cherryhill@kw.com

Email

Affordability Calculator

$1,944
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,560
Monthly Property Taxes
$384
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533255 Elementary School
3535212 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/6/2025$249,999 Listed Price

Map


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204 S Broad Street, Penns Grove, NJ, 08069 is a Multi-Family Home for sale at $249,999. 204 S Broad Street has 6 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 08069 which is in Penns Grove, NJ