Listed By:
RE/MAX Preferred - Vineland
Address
11 N Virginia Avenue, Penns Grove, NJ
Price
$ 280,000
Property Attributes
  • MLS#NJSA2009128
  • TypeCommercial
  • CountySALEM
  • CityPenns Grove
  • AreaPenns Grove Boro
  • Zip08069
  • StyleGeneral Retail
  • Year Built1960
  • Taxes$ 5595
  • Price$ 280,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2496
  • Lot Size0.35 Acres
Data Source:
Bright MLS
Property Description

Multi unit Commercial building on a large corner lot. What a great opportunity to own this four unit building in the business district of Penns Grove. All units have separate utilities and plenty of parking. Two of the units are currently leased out on a month to month basis. The parking lot has plenty of parking for all four units. A must see. Call today!

Price History
10/13/2023 Listed $325,000
1/2/2024 8% - $300,000
4/5/2024 7% - $280,000

General Features

Sewer Public Sewer
Heating Baseboard - Electric
Cooling Window Unit(s)
Utilities Natural Gas Available
Possession 0-30 Days CD
Roof Rubber,Asphalt
Zoning COMMERCIAL
Construction Materials Brick,Aluminum Siding
Exclusions Tenants Belongings
Year Built 1960
Electric 200+ Amp Service
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
OwnerPays Water
Business Type Other/General Retail
Accessibility 2+ Access Exits,Level Entry - Main
County SALEM
New Construction No
Property Type Commercial Sale
Possible Use Bar/Tavern/Lounge,Barber/Beauty,Clothing,Commercial,Convenience Store,Dry Cleaner,Financial,Food & Beverage,Food Market,Investment,Laundromat,Medical/Dental,Mixed Use,Office,Parking,Printing,Professi
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions Corner of Virginia and Marsden Ave.
ModificationTimestamp 2024-04-05T10:46:50
City PENNS GROVE
Buyer Agent Compensation 2.5
Zoning Description Retail,Office,Mixed Use
Total Units 4
MLS Area Penns Grove Boro (21708)
Lot Size Square Feet 15107.00
Tax Assessed Value 104400.0
Waterfront Y/N No
Street Name VIRGINIA
Tax Annual Amount 5595.0
Property Condition Very Good
Price Per Sq Ft 112.18
Acceptable Financing Conventional,Cash
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 201
Location Type Corner Lot/Unit
Standard Status Active
Year Built Source Assessor
Tax Lot 00001
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Electric,Natural Gas Available
Flooring Laminated
Hot Water Electric
Total Stories 1
Heating Y/N Yes
Street Suffix AVENUE
Central Air Y/N No
Total Restrooms 3

Exterior Features

Lot Features Corner
Water Source Public
Total Parking Spaces 15
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N No
Building Area Total 2496.00
Lot Dimensions 100.70 x 150.00
Lot Size Acres 0.35
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 31500.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 15

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08069

Price
AVG $400K
$280K
Taxes
AVG $14,104
$5,595
Visits
AVG 217
25
Data Provided by Inside Real Estate®
Year Built
AVG 1924
1960

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