80 S Broad Street Penns Grove, NJ $ 270,000
80 S Broad Street
$ 270,000
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80 S Broad Street

Penns Grove, NJ, 08069
$ 270,000
Bedrooms-- Baths-- Sq 6,274

Monthly Estimate*

$ 1,705

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Commercial Property for sale in Penns Grove, NJ

for $270,000. This 6,274 square foot building was built in 1920 on a lot size of 1.02.

This 4-unit mixed-use property presents a tremendous opportunity and includes two storefronts (totaling 4,024 sq. ft.) along with a separate two-unit duplex (2,250 sq. ft.). The duplex is fully rented with cooperative tenants, generating $$1500 per month for the 3BR/1BA unit and $$1450 per month for the 2BR/1BA unit, for a total annual rental income of $35,100. Both residential units are separately metered. The commercial buildings offer significant potential for renovation and can be adapted for a wide variety of uses. The property is being sold strictly as-is, with the buyer responsible for all due diligence, all permits and all required inspections. Please note that this property may not qualify for conventional financing. Acceptable financing options include cash purchase, hard money loan, or commercial loan. SOLD STRICTLY AS-IS. SELLER WILL MAKE NO REPAIRS.

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Commercial Active

Price

$ 270,000

Property Type

Commercial

Taxes

$ 6,255

Style

Flex,Professional

Lot Size

1.02

Year Built

1920

Town/City

Penns Grove

County/Region

Salem

MLS | Web ID

NJSA2016184

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling Multi Units Window Unit(s)
Possession Immediate
Zoning MIXED
Construction Materials Mixed
Exclusions Tenant personal property
Year Built 1920
Property Subtype Mixed Use
Tax Year 2023
Ownership Fee Simple
Cool Fuel Electric
Municipality PENNS GROVE BORO
Business Type Flex Professional Other
Accessibility 2+ Access Exits
County SALEM
New Construction N
Property Type Commercial Sale
Possible Use Automotive Barber/Beauty Church Commercial Convenience Store Day Care Dry Cleaner Flex Space Florist/Nursery Laundromat Mixed Use Professional Service Recreational Retail School Senior Assisted/Day C
Water Access Y/N N
Status ACTIVE
Directions Harding Hwy to Broad St.
City PENNS GROVE
Number Of Units Total 4
MLS Area Penns Grove Boro (21708)
Lot Size Units Square Feet
Lot Size Square Feet 44431.20
Tax Annual Amount 6255.0
Price Per Sq Ft Total AG 42.91
Acceptable Financing Cash Other
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active
Year Built Source Estimated
Tax Lot 00013
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Exterior
Water Source Public
Type of Parking Other
Water View Y/N N
Building Area Total 6292.00
Lot Dimensions 50.00 x 170.00
Lot Size Acres 1.02
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 18600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 80
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* Excluded Features
List By
Coldwell Banker Realty

Broker

carla.cornick@cbrealty.com

Email

Affordability Calculator

$2,226
Per Month
77%
23%
0%
Monthly Principal & Interest
$1,705
Monthly Property Taxes
$521
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/25/2026$270,000 Listed Price

Map


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80 S Broad Street, Penns Grove, NJ, 08069 is a Commercial Property for sale at $270,000 with 6,274 sqft and a lot size of 1.02. 80 S Broad Street was built in 1920. The property's zip code is 08069 which is in Penns Grove, NJ