64 WALNUT STREET, Penns Grove, NJ 08069

$199,000 Asking Price

6 beds
3 baths
984  sqft
Built in 1940

INVESTOR ALERT! A Price Reduction for a corner property with three existing structures. Total of 6 bedrooms and 3 baths. Perfect Rehab for 3 units with income potential. Located in quaint little Penns Grove this is a PRIME AREA for Rehabilitation and Development. This listing consists of #64 through #70 Walnut Street, a large corner lot of 14,026 sq. foot (0.3220 acre). Public water and public sewer available. Not in a flood zone. Situated yards from US Rt 130, a mile from interstate 295, the NJ Turnpike and both Delaware Memorial and Commodore Barry Bridges. Seller says "Invest in Penns Grove"! Property owner is willing to negotiate a "build to suit" situation with agreed upon terms, and will entertain constructive offers. Potential buyers must complete hold harmless agreement, attached to the listing. Come See the Potential, prepare the offer and make this corner great again.

Features & Amenities

Interior

A/C:
None
Heating:
Natural Gas Available
Disability Feature:
Other

Exterior

General:
Above Grade,Below Grade
Style:
Bungalow

Construction

General:
Other, 1, Slab

Location

Originating MLS:
BRIGHT_MAIN
School District:
PENNS GROVE-CARNEYS POINT SCHOOLS
County:
SALEM

Lot

Zoning:
RES, 08-00072-00008
Current Use:
0

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
American Dream Realty of South Jersey, Joseph E. Venello Jr.

About Penns Grove, NJ

Housing

Number of Units
5,709
Median Home Value
$142,040
Median Rent
$783

48.83% of housing units are renter occupied.

11.28% are vacant.

Commute

Car
86.89%
Public Transportation
1.77%
Walk to Work
1.66%
Work from Home
7.70%
Other
1.98%

The median travel time to work is 22 minutes.

People

Population
13,320
Median Age
38.90
Median Household Size
2.64

Education

High School
42.58%
Associate’s Degree
7.71%
Bachelor’s Degree
9.96%
Graduate Degree
4.43%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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