This 4-unit mixed-use property presents a tremendous opportunity and includes two storefronts (totaling 4,024 sq. ft.) along with a separate two-unit duplex (2,250 sq. ft.). The duplex is fully rented with cooperative tenants, generating $1,575 per month for the 3BR/1BA unit and $1,350 per month for the 2BR/1BA unit, for a total annual rental income of $35,100. Both residential units are separately metered. The commercial buildings offer significant potential for renovation and can be adapted for a wide variety of uses. The property is being sold strictly as-is, with the buyer responsible for all due diligence. Please note that this property may not qualify for conventional financing. Acceptable financing options include cash purchase, hard money loan, or commercial loan. Sold strictly AS-IS . Bring all offers!
Under contract
$270,000
80 S Broad St, Penns Grove, NJ 08069
5beds
--baths
--sqft
Multi Family
Built in 1920
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 305 days |
- 45 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Carla Cornick 609-694-9944,
Coldwell Banker Realty
Source: Bright MLS,MLS#: NJSA2016186
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Multi Units, Window Unit(s), Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Other
Accessibility
- Accessibility features: 2+ Access Exits
Features
- Pool features: None
Lot
- Size: 1.02 Acres
- Dimensions: 50.00 x 170.00
- Features: Downtown
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 080006500013
- Zoning: MIXED
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Mixed
- Foundation: Other
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Penns Grove
- Municipality: PENNS GROVE BORO
Financial & listing details
- Tax assessed value: $116,700
- Annual tax amount: $6,255
- Date on market: 9/7/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Other
- Exclusions: Tenant Personal Property
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$1,670/mo
Price history
| Date | Event | Price |
|---|---|---|
| 11/25/2025 | Contingent | $270,000 |
Source:  Bright MLS #NJSA2016186 Report a problem | ||
| 9/8/2025 | Listed for sale | $270,000-3.5% |
Source: Bright MLS #NJSA2016186 Report a problem | ||
| 9/26/2024 | Listing removed | $279,900 |
Source:  HomeSmart #NJSA2010896 Report a problem | ||
| 9/22/2024 | Pending sale | $279,900 |
Source: Bright MLS #NJSA2010896 Report a problem | ||
| 8/27/2024 | Listing removed | $279,900 |
Source: HomeSmart #NJSA2010896 Report a problem | ||
| 5/8/2024 | Listed for sale | $279,900+23225% |
Source: Bright MLS #NJSA2010896 Report a problem | ||
| 10/5/2018 | Sold | $1,200+140% |
Source: Berkshire Hathaway HomeServices Fox & Roach #1002627838_08069 Report a problem | ||
| 9/27/2018 | Listing removed | $1,200 |
Source: BHHS Fox & Roach-Cherry Hill #1002627838 Report a problem | ||
| 9/6/2018 | Listed for rent | $1,200 |
Source: BHHS Fox & Roach-Cherry Hill #1002627838 Report a problem | ||
| 11/16/2017 | Sold | $500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $50 | $900 |
| 2024 | $50 +3.5% | $900 |
| 2023 | $48 +8.4% | $900 |
| 2022 | $45 -1.3% | $900 |
| 2021 | $45 -0.4% | $900 |
| 2020 | $45 -3.5% | $900 |
| 2019 | $47 | $900 -40% |
| 2018 | $47 -22.7% | $1,500 |
| 2017 | $61 +8.5% | $1,500 |
| 2016 | $56 +1.1% | $1,500 |
| 2015 | $55 | $1,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 08069
Nearby schools
GreatSchools rating
- 2/10Paul W. Carleton Elementary SchoolGrades: 4-5Distance: 0.5 mi
- 3/10Penns Grove Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10Penns Grove High SchoolGrades: 9-12Distance: 1 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- New Jersey
- Salem County
- Penns Grove
- 08069
- 80 S Broad St
Nearby cities
Nearby zip codes
Other Penns Grove Topics
