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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!
| DAYS ON MARKET | 1 | LAST UPDATED | 9/7/2025 |
|---|---|---|---|
| YEAR BUILT | 1920 | COMMUNITY | Penns Grove Boro (21708) |
| COUNTY | SALEM | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | PENNS GROVE-CARNEYS POINT SCHOOLS |
|---|
| ADDITIONAL DETAILS | |
| AIR | Electric, Multi Units, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Penns Grove Boro (21708) |
| HEAT | Forced Air, Natural Gas |
| LOT | 1.02 acre(s) |
| LOT DIMENSIONS | 50.00 x 170.00 |
| PARKING | Other |
| SEWER | Public Sewer |
| TAXES | 6255 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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