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
Bedrooms5 Baths0.0

Monthly Estimate*

$ 1,684

80 S Broad Street, Penns Grove, NJ 08069 - Image 1
80 S Broad Street, Penns Grove, NJ 08069 - Image 2
80 S Broad Street, Penns Grove, NJ 08069 - Image 3
80 S Broad Street, Penns Grove, NJ 08069 - Image 4
80 S Broad Street, Penns Grove, NJ 08069 - Image 5
80 S Broad Street, Penns Grove, NJ 08069 - Image 6
80 S Broad Street, Penns Grove, NJ 08069 - Image 7
80 S Broad Street, Penns Grove, NJ 08069 - Image 8
80 S Broad Street, Penns Grove, NJ 08069 - Image 9
80 S Broad Street, Penns Grove, NJ 08069 - Image 10

Multi-Family Home for sale in Penns Grove, NJ

for $270,000 with 5 bedrooms. This home 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 $1,575 per month for the 3BR/1BA unit and $1,350 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. 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 . Bring all offers!

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Multi-Family Contingent

Price

$ 270,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 6,255

Style

Lot Size

1.02

Year Built

1920

Town/City

Penns Grove

County/Region

Salem

MLS | Web ID

NJSA2016186

Features
General
Living Area 0
Sewer Public Sewer
Heating Forced Air
Cooling Multi Units Window Unit(s)
Possession Immediate
Zoning MIXED
Architectural Style Other
Construction Materials Mixed
School District PENNS GROVE-CARNEYS POINT SCHOOLS
Exclusions Tenant personal property
Year Built 1920
Property Subtype Other
Tax Year 2023
Ownership Fee Simple
Cool Fuel Electric
Municipality PENNS GROVE BORO
Accessibility 2+ Access Exits
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 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
Two Bedroom 1
Structure Type Detached
Acceptable Financing Cash Other
Vacation Rental Y/N N
Location Type Downtown
Standard Status Active Under Contract
Year Built Source Estimated
Tax Lot 00013
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Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking Other
Foundation Details Other
Water View Y/N N
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

$2,206
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,684
Monthly Property Taxes
$521
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
9/8/2025$270,000 Listed Price

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80 S Broad Street, Penns Grove, NJ, 08069 is a Multi-Family Home for sale at $270,000 with a lot size of 1.02. 80 S Broad Street has 5 bedrooms, 0.0 baths, and was built in 1920. The property's zip code is 08069 which is in Penns Grove, NJ