$80,000

370 Route 40 Penns Grove, NJ 08069

Estimated payment $526/month

Total Views 4,260
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- ofRoute 295NJTPDelaware Memorial BridgeRoute 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.

Listing Agent

Sharon Cassaday

Better Homes and Gardens Real Estate Maturo License #2293275 Listed on: 05/22/2025

Better Homes and Gardens Real Estate Maturo

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

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant
  • Remarks Public: 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.
  • Special Features: None

Interior Features

  • Price Per Sq Ft: 0.39
  • Street Number Modifier: 370

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, No Sewer System

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District Key: 300200397143
  • School District Source: Listing Agent

Lot Info

  • Wooded Acres: 4.69
  • Additional Parcels: No
  • Lot Size Acres: 4.69
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 204296.00
  • Zoning: GC
  • Farmland Preservation: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 17476.00
  • Assessor Parcel Number: 02-00256-00001
  • Tax Year: 2024

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
05/22/2025 05/22/25 For Sale $80,000 -- --
Source: Bright MLS

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

Similar Property in Penns Grove, NJ

  • 1007 Harding Hwy, Penns Grove, NJ 08069

    $60,000

    • Land
    • 4 Acres
    • $15,000 per Acre
    • 1007 Harding Hwy
    • Penns Grove, NJ

    Looking for rural land for recreation and hunting, this property could be for you. 4 wooded acres with 2 road frontages. Buyer is responsible for perk test and any and all approvals required by the Township or County or State.

    Vincent Grova Pino Agency

    Section Image
See All Homes in Penns Grove

Source: Bright MLS

MLS Number: NJSA2014898

Bright MLS

APN: 02-00256-0000-00001

New Jersey Salem County Penns Grove 08069

370 Route 40, Penns Grove, NJ

This home is located at 370 Route 40, Penns Grove, NJ 08069 and is currently priced at $80,000. 370 Route 40 is a home located in Salem County with nearby schools including Lafayette-Pershing Elementary School, Paul W. Carleton Elementary School, and Field Street Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bright MLS The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.

Nearby Homes
Sharon Cassaday
Listing Agent
Sharon Cassaday
Section Image
Better Homes and Gardens Real Estate Maturo
(856) 702-3407