370 Route 40 Penns Grove, NJ 08069
Estimated payment $524/month
Total Views
24,072
4.69
Acres
$17,058
Price per Acre
204,296
Sq Ft Lot
About This Lot
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.
Property Details
Property Type
- Land
Lot Details
- 4.69 Acre Lot
- Property is zoned GC, Vacant Land - General Commercial Per Tax Office
Utilities
- No Septic System
- Sewer Not Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00001
- Assessor Parcel Number 02-00256-00001
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/03/2025 04/03/25 | Price Changed | $80,000 | -20.0% | -- |
| 02/24/2025 02/24/25 | Price Changed | $100,000 | -33.3% | -- |
| 10/11/2024 10/11/24 | Price Changed | $150,000 | 0.0% | -- |
| 10/11/2024 10/11/24 | For Sale | $150,000 | -53.8% | -- |
| 09/17/2024 09/17/24 | Pending | -- | -- | -- |
| 08/13/2024 08/13/24 | Price Changed | $325,000 | -7.1% | -- |
| 05/17/2024 05/17/24 | For Sale | $350,000 | -- | -- |
Source: Bright MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $45,322 | Turnkey Title | |
| Bargain Sale Deed | $500,000 | Intercoastal Title Agency In |
Source: Public Records
Similar Property in Penns Grove, NJ
Source: Bright MLS
MLS Number: NJSA2010996
APN: 02-00256-0000-00001
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