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Off market

Buy a propertyat 72 S BROAD STREET, PENNS GROVE, NJ 08069

$349,900

$0/mo

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Multifamily

8,388 Sq. Ft.

13,939 Sq. Ft. lot

362 Days on market

NJSA2005878 MLS ID

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About 72 S BROAD STREET property

Opportunity awaits! Take advantage of the chance to own this 3 Residential Unit / 1 Commercial Unit property. There are 2x 3 Bedroom / 1 Full Bathroom units and 1x 5 Bedroom / 2 Full Bathroom unit. All units are separately metered. Residential units recently updated. TPO Roof is 2 years old. The first floor commercial unit is ready for customizations including newer electric, plumbing, and metal stud framing. First floor also offers garage access. There may be an option to convert the back of the lower commercial unit to smaller residential efficiency units. Consult with township for any/all property usage. All units services by separate gas and electric meters. Current tenants pay for their own gas, water, and electric. Landlord pays sewer. Close to Rt 295, NJ TurnPike, as well as access to PA and DE. Purchase this property individually or together with the neighboring properties at 62 S Broad St (Commercial/Business) and 64 S Broad St (Commercial/Business). For the right price, seller will also include the back lot - Block 00065 ; Lot 00025. Property sold As-Is, Where-Is, How-Is. Buyer responsible for any/all required certifications, clarifying usage, and due diligence. All tenants are month-month. No leases. Apartment C (5 Bed / 2 Bath) - $1,100/month. Apartment B (3 Bed / 1 Bath) - Supposed to pay $1,250/month but only pays $500/month. Apartment A (3 Bed / 1 Bath) - No rent paid, prior tenant paid $1,250/month. Tenants currently pay all utilities besides sewer. All separate meters.
Opportunity awaits! Take advantage of the chance to own this 3 Residential Unit / 1 Commercial Unit property. There are 2x 3 Bedroom / 1 Full Bathroom units and 1x 5 Bedroom / 2 Full Bathroom unit. All units are separately metered. Residential units recently updated. TPO Roof is 2 years old. The first floor commercial unit is ready for customizations including newer electric, plumbing, and metal stud framing. First floor also offers garage access. There may be an option to convert the back of the lower commercial unit to smaller residential efficiency units. Consult with township for any/all property usage. All units services by separate gas and electric meters. Current tenants pay for their own gas, water, and electric. Landlord pays sewer. Close to Rt 295, NJ TurnPike, as well as access to PA and DE. Purchase this property individually or together with the neighboring properties at 62 S Broad St (Commercial/Business) and 64 S Broad St (Commercial/Business). For the right price, seller will also include the back lot - Block 00065 ; Lot 00025. Property sold As-Is, Where-Is, How-Is. Buyer responsible for any/all required certifications, clarifying usage, and due diligence. All tenants are month-month. No leases. Apartment C (5 Bed / 2 Bath) - $1,100/month. Apartment B (3 Bed / 1 Bath) - Supposed to pay $1,250/month but only pays $500/month. Apartment A (3 Bed / 1 Bath) - No rent paid, prior tenant paid $1,250/month. Tenants currently pay all utilities besides sewer. All separate meters.

Property details

Listing

Property Sub Type: Quadruplex

Location

Municipality: PENNS GROVE BORO

County: Salem

MLS Area: Penns Grove Boro (21708)

Lot

Lot Size Dimensions: 75.00 x 187.00

Property

Other Structures: Above Grade,Below Grade

Other Units: Unit 3

Schools

School District: PENNS GROVE-CARNEYS POINT SCHOOLS

Taxes

Tax Annual Amount: $7,957

Tax Year: 2022

Utilities

Hot Water: Natural Gas

Monthly cost

Estimated monthly cost

$2,734/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Jul 28, 2016

Price

$30,000

Date

Feb 28, 2014

Price

$15,000

Date

Jul 30, 2007

Price

$126,000

Date

May 4, 2006

Price

$100

DatePrice
Jul 28, 2016$30,000
Feb 28, 2014$15,000
Jul 30, 2007$126,000
May 4, 2006$100

Schools

This home is within the Penns Grove-carneys Point Regional School District.

Penns Grove & Carneys Point enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$328,906

+$10,497

$339,403

Seller agent commission$10,497 (3%)*

$0 (0%)

Buyer agent commission$10,497 (3%)*

$10,497 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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with a Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:32 p.m.

Data updated: Jun 13, 2023 at 5:38 a.m.

Courtesy of Justin Kelly, RE/MAX Connection Realtors {attribution_contact}
This content last updated on 06/13/2023.
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available.
Listing Information © 2024 BrightMLS. All Rights Reserved.

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