Waterfront
Listed By:
Keller Williams Realty - Atlantic Shore
Address
W Main Street And Delaware Ave, Penns Grove, NJ
Price
$ 5,000,000
Property Attributes
  • MLS#NJSA2009780
  • TypeLand
  • CountySALEM
  • CityPenns Grove
  • AreaPenns Grove Boro
  • Zip08069
  • StyleCommercial
  • Taxes$ 93776
  • Price$ 5,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size14 Acres
Data Source:
Bright MLS
Property Description

There are approximately 14+ acres all together. Block 57 Lot 1 is the main riverfront parcel. The site is currently zoned for commercial development and the owners are in the process of getting approval for residential and mixed use development. Riparian rights are included. The Philadelphia-Wilmington-Atlantic City consolidated metropolitan statistical area has approximately Four million people within a 30-mile radius of the site. The Riverwalk is located within two miles of Interstate 295 and is accessible from the Delaware Memorial Bridge, Commodore Barry Bridge, I-95 and the New Jersey Turnpike. It is reachable in 35 minutes from Philadelphia, 30 minutes from the Main Line, 15 minutes from Wilmington and 20 minutes from Newark, DE.

Price History
1/12/2024 Listed $3,750,000

General Features

Sewer Public Sewer
Possession Settlement
Zoning COMMERCIAL/VACANT LAND
View River
Property SubType Land
Tax Year 2022
Current Use Commercial
Percent Ownership Fee Simple
Additional Parcels Description Block 57,Lot 1,5 and 6. Block 59,Lot 3
County SALEM
Property Type Land
HOA / Comm Assn No
Water Access Y/N Yes
Status ACTIVE
Directions NJ-48 W in Carneys Point Township. Drive to E Main St in Penns Grove. Property on the left
ModificationTimestamp 2024-05-11T14:40:13
City PENNS GROVE
Buyer Agent Compensation 2.5
MLS Area Penns Grove Boro (21708)
Lot Size Square Feet 609840.00
Tax Assessed Value 1814900.0
Waterfront Y/N Yes
Street Name W MAIN STREET AND DELAWARE AVE
Tax Annual Amount 93776.0
Price Per Sq Ft 8.2
Additional Parcels Y/N Yes
Vacation Rental Y/N No
Virtual Tour https://youtu.be/q7n5f3SGGdE
Days on Market 121
Location Type River
Standard Status Active
Buyer Agent Compensation Type % Of Base

Exterior Features

Water Source Public
Water View Y/N Yes
Lot Size Acres 14.00
Water Body Type River
Lot Size Units Square Feet
Lot Size Source Estimated
Navigable Water Y/N Yes
Water Oriented Y/N Yes

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 Land Average in 08069

Price
AVG $640K
$5M
Taxes
AVG $5,748
$93,776
Visits
AVG 325
474
Data Provided by Inside Real Estate®

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