80 S Broad St, Penns Grove, NJ 08069

Penns Grove
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
80 S Broad St,Penns Grove, NJ 08069
$270,000
  • 5 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: carla h cornick
Office: coldwell banker realty
MLS#:NJSA2016186
Source:BRIGHTMLS

Price summary

  • Price:$270,000

About this home

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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Home facts

  • Year built:1920
  • Listing ID #:NJSA2016186
  • Added:280 day(s) ago
  • Updated:June 15, 2026 at 07:39 AM

Rooms and interior

  • Bedrooms:5

Heating and cooling

  • Cooling:Multi Units, Window Unit(s)
  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Year built:1920
  • Lot area:1.02 Acres
  • Lot Features:Downtown

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$270,000
  • Tax amount:$6,255 (2023)

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