Sold for $225,000

$225,000

79 Penn St, Penns Grove, NJ 08069

--beds

--baths

3,033sqft

Duplex

Built in 1940

-- sqft lot

$297,800 Zestimate^®

$74/sqft

$1,604 Estimated rent

Home value

$297,800

$271,000 - $328,000

$1,604/mo

Zestimate^® history

Owner options

List your home for rent

$1,604/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,604/mo

Rent Zestimate^®

Refinance and save

$1,441/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$1,441/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

New plumbingInterior overhaulNew roof

Completely renovated in 2019, this duplex features a new roof, new HVAC, new siding, new electrical and new plumbing, along with bathrooms and a complete interior overhaul. Each side boasts 4 bedrooms and 2 bathrooms, providing ample space and comfort for tenants. Unit 79 rents for $1300/month, while Unit 81 commands $1600/month, totaling $2900/month in rental income or $34,800 annually. After deducting $5858 in taxes, $1240 in sewer, and $1590 in insurance annually, the Net Operating Income (NOI) remains strong at over $26,000 per year! Perfect for investors seeking turnkey rental properties with proven income potential. Showings are by appointment only due to tenants occupying the premises. Schedule a showing today!

Facts & features

Interior

Basement

Area: 0

Heating

Forced Air, Natural Gas Available

Cooling

None

Appliances

Included: Gas Water Heater

Features

Basement: Full
Has fireplace: No

Interior area

Total structure area: 3,033
Total interior livable area: 3,033 sqft

Property

Parking

Parking features: On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: 2+ Access Exits

Features

Pool features: None

Lot

Size: 5,934 sqft
Dimensions: 46.00 x 0.00

Details

Additional structures: Above Grade, Below Grade
Parcel number: 080005200001 01
Zoning: RES
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Colonial
Property subtype: Duplex

Materials

Vinyl Siding
Foundation: Block
Roof: Shingle

Condition

New construction: No
Year built: 1940

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & neighborhood

Location

Region: Penns Grove
Municipality: PENNS GROVE BORO

HOA & financial

Other financial information

Total actual rent: 34800

Other

Other facts

Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional,Other,Private Financing Available
Ownership: Fee Simple

Price history

Date	Event	Price
6/4/2024	Sold	$225,000+2.3%$74/sqft
Source: Bright MLS #NJSA2010778 Report a problem
5/13/2024	Pending sale	$219,900$73/sqft
Source: Bright MLS #NJSA2010778 Report a problem
5/7/2024	Contingent	$219,900$73/sqft
Source: Bright MLS #NJSA2010778 Report a problem
4/24/2024	Listed for sale	$219,900$73/sqft
Source: Bright MLS #NJSA2010778 Report a problem
3/24/2021	Listing removed	--
Source: Owner Report a problem
2/9/2019	Listing removed	$1,500
Source: Owner Report a problem
2/7/2019	Listed for rent	$1,500
Source: Owner Report a problem