86 NAYLOR AVENUE, Penns Grove, NJ 08069

$64,900 Asking Price

2 beds
1 bath
434  sqft
Built in 1970

** PART OF A 13 UNIT INVESTMENT PORTFOLIO, POTENTIAL FOR A BUNDLE PACKAGE DEAL ** Exceptional investment opportunity: A tenant-occupied rental property offering immediate, stable cash flow with $640 monthly income (month-to-month, no lease). Recently enhanced with a newer roof, subfloor and siding. Both interior and exterior are recently painted, ensuring a contemporary look. Benefit from low annual taxes currently around only $1,600/annual and flexible month-to-month tenant lease terms. A motivated seller makes this a great opportunity for a savvy investor. Act fast to secure this income-generating property. This home can be sold by itself or as part of a package. Current owner has other properties in the area that he may be interested in working out a package deal on, a combination of both single and multi-family. Property sold strictly As-Is, with purchaser responsible for obtaining the CO and any required loan or township repairs.This home is sold completely AS-IS. Buyer is responsible for their own due diligence and confirming any details with the township. Tenant has to provide and grant access. Allow at least 48 hour notice for showing requests.


Features & Amenities

Interior

A/C:
Window Unit(s)
Heating:
Y, Forced Air, Natural Gas
Disability Feature:
2+ Access Exits

Exterior

General:
Above Grade,Below Grade
Style:
Ranch/Rambler

Construction

General:
Aluminum Siding, 1

Location

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

Lot

Zoning:
RES, 08-00061-00009
Current Use:
0

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN
Exclusions:
Tenant Property

This listing courtesy of:
RE/MAX Connection Realtors, Justin Kelly

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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