NOT LISTED FOR SALE

28 Route 40 Penns Grove, NJ 08069

14.82 Acres
-- Price per Acre
645,559 Sq Ft Lot

Last Sold August 24, 2022

Last sale price $725,000

Highlights

  • 14.82 Acre Lot
  • Premium Lot
  • No HOA

About This Lot

As of August 2022

Check out this exclusive commercial/industrial development opportunity with 3-road frontage, including almost 2,000 feet along US Route 40. This site consists of 15+/- acres of raw land zoned General Commercial. Situated at the point of US Route 40 and Route 48, this property is located in a high traffic area with tremendous exposure and great visibility. This strategic location serves as a transportation hub that links 3 states and supports the business corridor from New York to Delaware. Located at Exit 1 on the east side of the NJ Turnpike, this site is a stone's throw from the Delaware Memorial Bridge and Wilmington. Easy access to both the NJ Turnpike and Route I-295, which connects to Philadelphia, Trenton, New York, etc. Perfect for distribution/shipping center, warehouse, vehicle/boat storage, personal/self-storage, retail stores, restaurants and taverns, professional or business offices, agencies or studios, general service, supply and contractor shops, commercial shopping centers, medical or dental clinics or labs, essential services and indoor commercial recreation, etc.

Last Agent to Sell the Property

Brandon Hedenberg

(856) 397-5744 brandon.hedenberg@foxroach.com Hedenberg Real Estate Company LLC License #AB069194 Listed on: 08/24/2021

Last Buyer's Agent

Ryan Curran

(732) 359-3203 ryan@currangrp.com Curran Group Real Estate Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $229

Lot Details

  • 14.82 Acre Lot
  • Backs To Open Common Area
  • Premium Lot
  • Corner Lot
  • Level Lot
  • Open Lot
  • Property is zoned GC

Utilities

  • Well Required
  • No Septic System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 02-00253-00002-QFARM

Property Details

Property Type

Land

Est. Annual Taxes

$229

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 1.12

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: No Septic System
  • Utilities: Electric Available, Natural Gas Available
  • Water Source: Well Required

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Additional Parcels: No
  • Lot Features: Road Frontage, Premium, Open, Level, Backs - Open Common Area
  • Lot Size Acres: 14.82
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 645559.00
  • Zoning: GC
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 229.00
  • Assessor Parcel Number: 02-00253-00002-QFARM
  • Tax Data Updated: No
  • Tax Year: 2021

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2022 08/24/22 Sold $725,000 0.0% --
08/24/2021 08/24/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $725,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brandon Hedenberg

    Seller's Agent in 2022

    Brandon Hedenberg

    Hedenberg Real Estate Company LLC

    (856) 397-5744

    2 in this area

    94 Total Sales

    Brandon Hedenberg
    Section Image

  • R

    Buyer's Agent in 2022

    Ryan Curran

    Curran Group Real Estate Services

    (732) 359-3203

    1 in this area

    35 Total Sales

    Ryan Curran
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJSA2000924

Bright MLS
New Jersey Salem County Penns Grove 08069

28 Route 40, Penns Grove, NJ

Not Listed for Sale

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