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Sold for $395,000
  • $395,000

    5 Bay St, Penns Grove, NJ 08069

    3beds
    2,471sqft
    Single Family Residence
    Built in 1994
    0.59 Acres Lot
    $450,200 Zestimate®
    $160/sqft
    $2,868 Estimated rent

    Home value

    $450,200

    $428,000 - $473,000

    $2,868/mo

    Zestimate® history
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    What's special

    Attached garageHistoric penns groveFresh paint
    Paradise on the Waterfront!  NOW is the time to see this impeccable brick rancher in historic Penns Grove situated on over a half acre overlooking the Delaware River.  All Buyers are welcome to experience this one of kind home featuring one floor living, an abundance of living space, and a move-in ready condition that lets you unpack and enjoy! For those unfamiliar with Penns Grove, the location benefits from great accessibility to I-295 and the NJ Turnpike.  There's plenty of town pride and local businesses to discover:  Among the most well known establishments is Di Paolo's Italian Ristorante which is a regionally renowned institution that you must visit.  Additionally, there's ambitious plans to revive this once highly sought after location.  Geographically, you'll enjoy close proximity to the cities of Wilmington (20 minute commute) & Philadelphia (40 minute commute) that offer you world class options for culture and dining.  Beyond the major cities, you’ll never be more than a few hours drive from some of the best beaches the East Coast has to offer. Arriving on Bay Street, you'll immediately notice that this feels like a gated community.  There's plenty of privacy on this no outlet street and you'll appreciate the other desirable and well maintained homes immediately nearby.  A double gate provides access to the property and gives additional security.  Once you leave your car, expect to be captivated by million dollar views unlike anything else you've seen from a home priced like this. Inside, you'll find a layout that perfectly accentuates all of the amazing views this lot affords.  3 spacious bedrooms, 2.5 baths, and almost 2500 square feet of living space make this an ideal fit for buyers at every stage in life.  Recently updated with fresh paint and flooring, this home has been lovingly maintained by long term owners who have cherished every memory made here.  An attached garage, walk up attic, and shed provide utility for storage and enough space for personal projects and hobbies.  The property features an owner's suite without comparison as you'll be able to enjoy views of the river and Wilmington skyline as you drift off to sleep.  Outside, the fenced in front yard (opposite of the river) allows for better safe keeping of pets and loved ones, while the back yard (riverfront) provides direct access to the river and is entertainment friendly with good space and a welcoming rear deck.  You can rest assured that no other home will hit the market quite like this and you're encouraged to seize this opportunity while it lasts.  Dreams start with action, make your appointment today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Viereck 609-320-0029,

    Compass New Jersey, LLC - Moorestown

    Bought with:

    Lisa Pho, RS353666

    Keller Williams - Main Street

    Source: Bright MLS,MLS#: NJSA2007666MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    • Laundry: Main Level
    Features
    • Has basement: No
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 2,471
    • Total interior livable area: 2,471 sqft
    • Finished area above ground: 2,471
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Other
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Waterfront features: River
    • Body of water: Delaware River
    • Frontage length: Water Frontage Ft: 158
    Lot
    • Size: 0.59 Acres
    • Dimensions: 226.00 x 113.00
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 080013500006
    • Zoning: RES
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch/Rambler
    • Property subtype: Single Family Residence
    Materials
    • Brick
    • Foundation: Block
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Penns Grove
    • Subdivision: Helms Cove
    • Municipality: PENNS GROVE BORO

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    8/22/2023Sold$395,000$160/sqft
    Source: Bright MLS #NJSA2007666 Report a problem
    8/18/2023Pending sale$395,000$160/sqft
    Source: Bright MLS #NJSA2007666 Report a problem
    6/21/2023Contingent$395,000$160/sqft
    Source: Bright MLS #NJSA2007666 Report a problem
    6/15/2023Price change$395,000-4.8%$160/sqft
    Source: Bright MLS #NJSA2007666 Report a problem
    5/17/2023Listed for sale$415,000+176.7%$168/sqft
    Source: Bright MLS #NJSA2007666 Report a problem
    5/20/2016Sold$150,000-34.8%$61/sqft
    Source: Public Record Report a problem
    2/16/2016Listed for sale$230,000-30.3%$93/sqft
    Source: American Dream Realty of SJ #6732528 Report a problem
    9/14/2013Listing removed$330,000$134/sqft
    Source: American Dream Realty of South Jersey #6183903 Report a problem
    3/14/2013Listed for sale$330,000-22.4%$134/sqft
    Source: American Dream Realty of South Jersey #6183903 Report a problem
    2/16/2012Listing removed$425,000$172/sqft
    Source: American Dream Realty of South Jersey #5937306 Report a problem
    8/22/2011Listed for sale$425,000+28.8%$172/sqft
    Source: American Dream Realty of South Jersey #5937306 Report a problem
    5/1/2007Sold$330,000$134/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,789 $176,500
    2024$9,789 +3.5%$176,500
    2023$9,460 +8.4%$176,500
    2022$8,726 -1.3%$176,500
    2021$8,841 -0.4%$176,500
    2020$8,878 +10%$176,500
    2019$8,068 $176,500 -11.8%
    2018$8,068 -0.3%$200,000
    2017$8,096 +8.5%$200,000
    2016$7,462 +1.1%$200,000
    2015$7,380 -36.3%$200,000
    2014$11,586 +4.4%$200,000 -36.6%
    2012$11,093 +4.5%$315,600
    2011$10,614 +4.5%$315,600
    2010$10,156 -18.9%$315,600
    2009$12,529 $315,600 +55.9%
    2008-- $202,400
    2007-- $202,400
    2006-- $202,400
    2005-- $202,400
    2004-- $202,400
    2003-- $202,400
    2002-- $202,400
    2001-- $202,400

    Find assessor info on the county website

    Neighborhood: 08069

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Penns Grove-carneys Point Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $450,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $450,200