Property
Penns Grove, NJ 08069 103-105 Penn Street
$240,000
Pending
19 more
Presented By: Society
Beds • 6
Home Details
Calling all house hackers! Live in one, collect rent on day 1 from the other unit, and build your wealth through real estate! Welcome to 103-105 Penn St. This home is just minutes from the Delaware Memorial Bridge ( the bridge to Tax-Free Shopping!). The property has recently been renovated and is ready for you to make it your own. This home is in a USDA mortgage-eligible area, so be sure to ask your lender if that 0% down product is available for you! A tenant occupies 103, and 105 is vacant. This will be a question that may come up if 105 is larger than 103, and the answer is YES! 105 is slightly larger than the tenant-occupied home with its full attic so that opens up your financing options as well. This is a no-brainer, two houses for the price of 1, each has three beds and one bath!
Presented By: Society
Interior Features for 103-105 Penn Street
Bedrooms
Three Bedroom Units Count2
Other Interior Features
LivingAreaSourceAssessor
BasementFull, Unfinished
Basement (Y/N)Yes
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterElectric
General for 103-105 Penn Street
AccessibilityNone
Architectural StyleOther
CityPENNS GROVE
Construction MaterialsFrame
Contingency TypeAttorney Review
Cool FuelElectric
CoolingWall Unit
CountySALEM
DirectionsContinue on NJ-48 W. Take E Main St to Penn St in Penns Grove
7 min (2.6 mi)
Turn right onto NJ-48 W
î•·
1.4 mi
Continue onto E Main St
î•·
0.8 mi
Turn right onto Delaware Ave
î•·
0.3 mi
Turn right ont
ExclusionsPersonal property of the tenant and landlord.
Garage Y/NNo
HeatingCentral
Lease TypeYearly
Lot Size Square Feet6264.00
Lot Size UnitsSquare Feet
MLS AreaPenns Grove Boro (21708)
ModificationTimestamp2025-07-27T10:17:28
MunicipalityPENNS GROVE BORO
New ConstructionNo
Number Of Units Total1
Number of Units Leased1
NumberOfUnitsVacant1
One Bedroom Units Count
Other StructuresAbove Grade, Below Grade
Other UnitsUnit 1, Unit 2
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG86.96
Property SubtypeDuplex
Property TypeMulti-Family
School DistrictPENNS GROVE-CARNEYS POINT SCHOOLS
SewerPublic Sewer
Single Room Units Count0
Standard StatusPending
StatusPENDING
Structure TypeDetached
Tax Annual Amount4930.0
Tax Assessed Value88900.0
Tax Lot00009
Tax Year2024
Total Actual Rent16800.00
Total SQFT2760
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1900
Year Built SourceAssessor
ZoningRESID
Exterior for 103-105 Penn Street
Foundation DetailsOther
Inclusionsappliances in as-is condition
Land Assessed Value12500.00
Land Use Code
Lot Dimensions50.00 x 125.30
Lot Size Acres0.14
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo
Additional Details
Price History
Charles Torres
Owner