Seller's Agent in 2025
Sharon Cassaday
Better Homes and Gardens Real Estate Maturo
(856) 473-2105
3 in this area
38 Total Sales
370 Route 40 Penns Grove, NJ 08069
4.69
Acres
$8,529
Price per Acre
204,296
Sq Ft Lot
About This Lot
As of December 2025Price Improvement!!! Buyers responsible to do their Due Diligence. Buyers to verify with township any/all permits, approvals, requirements ect. Location! Location! Location! Prime Commercial Vacant Wooded Lot at a Highly Traveled Multi Highway Interchange- of Route 295
NJTP
Delaware Memorial Bridge
Route 40 This lot presents a rare chance to capitalize on a highly sought after location with immense potential for growth and profitability. Located at a multi highway interchange , this property offers unparalleled exposure and accessibility to a vast audience of commuters, travelers and potential customers.
Whether you're a seasoned developer seeking your next landmark or an investor looking to diversify your portfolio, this opportunity offers the perfect canvas for success.
Last Agent to Sell the Property
(856) 473-2105 sharon.cassadayrealtor@gmail.com Better Homes and Gardens Real Estate Maturo License #2293275 Listed on: 05/22/2025
Property Details
Property Type
- Land
Lot Details
- 4.69 Acre Lot
- Property is zoned GC
Utilities
- No Septic System
- Sewer Not Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 02-00256-00001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 21, 2016
Sold by
Surati Rashmi
Bought by
Surati Harish
Purchase Details
Closed on
Jun 9, 2003
Sold by
Clarktown Associates
Bought by
Mehta Rashmi
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $45,322 | Turnkey Title | |
| Bargain Sale Deed | $500,000 | Intercoastal Title Agency In |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/08/2025 12/08/25 | Sold | $40,000 | -31.0% | -- |
| 10/21/2025 10/21/25 | Price Changed | $58,000 | -27.5% | -- |
| 05/22/2025 05/22/25 | For Sale | $80,000 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,978 | $474,000 | $474,000 | -- |
| 2024 | $8,669 | $243,500 | $243,500 | $0 |
| 2023 | $8,669 | $243,500 | $243,500 | $0 |
| 2022 | $8,157 | $243,500 | $243,500 | $0 |
| 2021 | $8,079 | $243,500 | $243,500 | $0 |
| 2020 | $8,150 | $243,500 | $243,500 | $0 |
| 2019 | $8,218 | $243,500 | $243,500 | $0 |
| 2018 | $8,505 | $270,100 | $270,100 | $0 |
| 2017 | $7,930 | $270,100 | $270,100 | $0 |
| 2016 | $7,641 | $270,100 | $270,100 | $0 |
| 2015 | $7,285 | $270,100 | $270,100 | $0 |
| 2014 | $6,896 | $270,100 | $270,100 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sharon Cassaday
-
Carmela Cetkowski
Buyer's Agent in 2025
Carmela Cetkowski
EXP Realty, LLC
(609) 247-5248
15 in this area
204 Total Sales
-
Nichole Coleman
N
Buyer Co-Listing Agent in 2025
Nichole Coleman
EXP Realty, LLC
1 in this area
5 Total Sales
Map
Source: Bright MLS
MLS Number: NJSA2014898
APN: 02-00256-0000-00001
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