370 Route 40 Penns Grove, NJ 08069
Estimated payment $528/month
Total Views
25,445
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.
Last Listed By
Better Homes and Gardens Real Estate Maturo License #2293275 Listed on: 05/17/2024
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 |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | For Sale | $80,000 | 0.0% | -- |
| 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
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 Properties in Penns Grove, NJ
Source: Bright MLS
MLS Number: NJSA2010996
APN: 02-00256-0000-00001
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