The median home value in Penns Grove, NJ is $100,000.
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 $100,000.
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! This vacant land sits at the base of the NJ Turnpike and easily accessed via I-295. Property is clear and ready to be developed. Public Water/Sewer and natural gas are available. 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!
Opportunity knocks on one of the busiest roads in Salem County. This property is located on Route 40 in Carneys Point which connects Delaware to Atlantic City with a high traffic count. The property has frontage on Route 40 and Courses Landing Road. The property was previously used as a bar and restaurant. Currently, the property is used as a banquet hall and dancing night club. There is no liquor license associated with the property. Property boasts lots of bathrooms, bars, parking and in the buildings second floor there is an apartment. The property is being sold as-is. Please note there is also a newer septic system on the site.
Check out this well maintained 7400 +/- sf free standing building on 3.21 +/- acres located on NJ -48 (Harding Highway) just off I-295 exit 4 with commercial development possibilities. Great zoning - GC (General Commercial) - permitted uses include professional and business offices, retail stores, restaurants/taverns, medical/dental clinics, funeral homes, wholesale establishments, gasoline service stations/garages, indoor commercial recreation, laundry, motels/hotels and more... Currently operating as a long-standing truck wash facility. Good traffic counts on NJ 48 - 5148 vehicles per day and great location (just off I-295 exit 4) and minutes from NJ Turnpike exit 1. Existing, long-standing truck wash business for sale as well. Inquire for details.
Once in a lifetime opportunity to own the old Barnyard Saloon which is now being used as a retail thrift store. This property has frontage on Route 40 and Courses Landing Rd in Carneys Point. This is a high traffic count area. The property also includes a small house that should be demo'ed. The property has lots of parking. The property may be combined with 900 Courses Landing Rd which is also for sale.
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.
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.