The median home value in Penns Grove, NJ is $107,169.
the county median home value of $126,250.
The national median home value is $209,892.
The average price of homes sold in Penns Grove, NJ is $107,169.
Approximately 34% of Penns Grove homes are owned,
compared to 54% rented, while
12% are vacant.
Penns Grove real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Penns Grove real estate agent to arrange a tour
today! Learn more about Penns Grove Real Estate.
Great potential for varied uses on this 118 + /- acres of mostly clear tillable land in the General Commercial Redevelopment District of Carneys Point. This property is centrally located and fronted on Rte #130 / Shell Rd, with its rear fronting along Rte #295. The property is about a 1/2 mile from the Delaware Memorial Bridges, Rte 49 and, multiple ramps to Rte 295. Exit #1 on the NJ Turnpike and Rte #40 are just a little further than that. There are 2 owner occupied homes on this property. A two story brick Colonial style home with 4 bedrooms and 3.5 baths, 2 fireplaces, basement and 2 car detached garage. There is also a two story stucco 4 bedroom Colonial home on a basement. There is working horse stable, fenced in pastures etc., as well as tillable land. There is a sewerage easement across the back of the property and sewerage should be accessible. Property consists of Block #193 and lots, 10, 13 and 13.01.
Welcome to the New Jersey Opportunity Zones! The Opportunity Zones program was enacted as part of the 2017 federal Tax Cuts and Jobs Act and is designed to drive long-term capital investments into low-income rural and urban communities. This federal program provides opportunities for private investors to support investments in distressed communities through participation in Qualified Opportunity Funds. Investors can defer paying federal taxes on capital gains reinvested in Qualified Opportunity Funds that invest in low-income communities, under rules released by the U.S. Department of the Treasury. Reinvested capital gains are deferred from taxation until exit from a Qualified Opportunity Fund or December 31, 2026, whichever comes first. However the original gains reinvested in Qualified Opportunity Fund investments held for the long term are taxed at reduced rates, with taxable gains discounted by 10% at the 5-year mark and by an additional 5% discount at the 7-year mark. Any new gains from Qualified Opportunity Fund investments held for at least 10 years will be permanently excluded from the capital gains tax. Combined with incentives from the State, this program makes doing business in Carneys Point Township the township to choose!
Premier location with stunning river views and local access to all major highways and bridges. This building, constructed in 1928 consists of a two story brick faced block building, sound construction and quality tempered with time. This property features extremely high ornate ceilings and original small plank wooden floors throughout, considered a trademark for the era. Situated in the Marina District of Historic Penns Grove with various zoning designations. The property offers gas and electric services individually metered to accommodate. Upon entering the first floor, you will amazed by the open floor plan consisting of approximately 6,000 square feet. This lower level offers a reasonably sized raised office area and a bathroom. Rear door provided access to the secured fenced loading area and possible employee parking. The second floor and the additional 6,000 square feet is conveniently accessible from staircases located at either side of the building, both with front street side entry doors or accessible from within. 2nd flr - Room 1 (40x33), Room 2 (29x15), Room 3 (34x20), Room 4/Large studio (44x30), Reception area (20x29). The second floor offers hardwood flooring and custom original woodworking throughout. This space presents the option of using for multiple rooms/studios/offices, each with separate heat, air, and utilities with ample bathrooms. Totally NEW Roof was installed last year. Property is in great shape but will require some TLC to bring it back to its glory. Use your imagination on the numerous ways to use the abundance of space.
Professionally renovated three (3) story Victorian building with full basement (previously utilized as a salon). Detached 3 Car Garage with 14 off-street surface spaces. Ideal for professional uses or residential conversion. Exquisitely remodeled interior with high-end finishes, equipment, and mechanical systems +Permissible uses: Bar/Tavern/Lounge, Barber/Beauty, Bed & Breakfast, Commercial, Florist/Nursery, Food & Beverage, Hotel/Motel, Institutional, Medical, Other, Professional, Professional/Office, Restaurant, Retail, Shopping Center, Special Purpose
Motivated Seller! Come and see this spacious commercial building and adjoined vacant lot. Property consists of the following: The first floor has approximately 6,000 square feet of space consisting of a body/auto repair shop with 4 bay doors, gas hanging heaters, two large compressors, a very new down draft paint booth, plus plenty of outdoor parking for vehicles. Property and lot selling "as is" with any and all equipment included. This building has been a body shop for over 40 years with the previous owner living in the 3 bedroom, 1 bath apartment upstairs. Owner will consider leasing the repair shop for $2,500 per month with $10,000 security deposit to protect against equipment damage. Seller will lease the apartment to the person leasing the shop for an additional $500 with no security deposit. Seller will also entertain a lease purchase to be negotiated.
Opportunity knocks. Commercial building located acrossed from the Delaware River. 3200 square feet of work space. Large common area that can be fitted out to smaller offices. Four additional private offices. Spacious kitchen/break room. Storage room. Two bathroom. The building is wheelchair accessible. Parking lot with plenty of off-street parking(12-15 parking spots). Former mortgage company, has many possibilities. Beautiful views. Great investment opportunity near the proposed riverfront development. Make your appt. today.
Located within the Marina district of historic Penns Grove. This property once once served as the local Masonic Lodge. Large first floor gathering area great for large groups. The first floor also has a stage and an attached kitchen that needs upgrading. The second floor also has a large meeting area. The building has much to offer,surrounded with a paved parking area accessible from two roads and sits within a very short walk to the Delaware Waterfront. Buyer responsible for all certifications, etc. Surrounding this property is a large development project in the planning stages that makes ownership here so much more valuable. Needs some work, well worth the price.,The building sits amongst an area earmarked for redevelopment in what has been redistricted as Marina.
Former Telephone Company located on corner property in Penns Grove. Brick building with full basement. In need to complete rehab. Being sold in strictly "AS-IS' condition. Adjoining lot included on Railroad Ave with separate deed.