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sales rep | Brivity IDX

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80 S Broad St , Penns Grove, NJ 08069
$234,999
Est. Payment: $1,269.00/mo
6292 Sqft
1.02 Acres
Status: active | Days on site: 177
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CBPREHAD - 3335089
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House Description

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 $$1500 per month for the 3BR/1BA unit and $$1450 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, all permits and all required inspections. 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. SELLER WILL MAKE NO REPAIRS.

Highlights

Listed by Carla H Cornick , 6096949944 Coldwell Banker Realty , 8566855600. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
1.02

Year Built

1920

County

Salem

Area

Penns Grove Boro (21708)

School District

Penns Grove-Carneys Point Schools

Listing ID

NJSA2016184

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Interior Features

Air Cond:Multi Units,Window Unit(s)
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:50.00 x 170.00
Garage Capacity:5
Zoning:MIXED
Sewer:Public Sewer
Parking Features:4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$1,269
Taxes
$521

Home Price

$234,999

Loan Details

30 yrs
7.144%

Down Payment

20%
$47,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,269.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,269.00 $521.25 $0.00 $1,790.25
Yearly $15,227.97 $6,255.00 $0.00 $21,482.97
Total $456,839.02 $187,650.00 $0.00 $644,489.02
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Penns Grove, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS