1

Penns Grove, NJ Multifamily Home for Sale

Section Image
  • /34

    $250,000

    • Studio
    • 1,346 Sq Ft

    303 Pine St, Penns Grove, NJ 08069

    Great opportunity for buyers or investors! This duplex in Carney’s Point offers a two-bedroom, one-bath unit on the first floor and a one-bedroom, one-bath unit upstairs, each with separate entrances and utilities. The property is slightly dated but well maintained, offering excellent potential for updates and added value. Perfect for owner-occupants looking to offset their mortgage or investors

    Jerome Kersey RE/MAX Preferred - Sewell

    303 Pine St, Penns Grove, NJ 08069

Why Live in Penns Grove

Penns Grove, NJ, a small community with a population of around 4,800, offers residents scenic views of the Delaware River and a peaceful, rural atmosphere. The town, once a bustling resort and the caviar capital of the world, now features a strong sense of community and family orientation. Homebuyers can find a variety of home styles, including Victorians, American Foursquares, Cape Cods, colonials, and ranch-style homes, many of which sit on larger lots with private driveways. The Delaware River Walkway provides a serene spot for fishing and enjoying views of Wilmington, Delaware, just a mile across the water. Dunn’s Park and Carney’s Point Recreational Park offer additional outdoor spaces with playgrounds and ball fields. Commercial activity is centered on Virginia Avenue, with stores like Rite Aid, Walgreens, and Dollar General, while local dining options include Di Paolo’s for Italian cuisine and Taquiera Atexquita for traditional Mexican food. Community events, such as the Penns Grove Day Parade, are held along the Delaware River Walkway. Transportation options include NJ Transit bus routes, with Wilmington, Delaware 12 miles away and Philadelphia 33 miles north.

Home Trends in Penns Grove, NJ

Housing Trends

Median Sale Price
$216,500
Median Single Family Sale Price
$225,000
Average Price Per Sq Ft
$178
Number of Homes for Sale
44
Last 12 months Home Sales
149
Months of Supply
3.50
Median List Price
$230,250
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
How to Buy a Home How to Finance a Home How to Sell a Home