51 E Griffith St Penns Grove, NJ 08069
Estimated payment $759/month
Highlights
- No HOA
- Bungalow
- Heating System Uses Natural Gas
About This Home
Investor special! This is a great opportunity to add a single-family rental to your portfolio with immediate income in place. The property is currently leased at $1,200 per month beginning March 1st, providing instant cash flow from day one. It was recently appraised at $140,000 on 2/1/26, offering added confidence in value. Whether you’re expanding your portfolio or purchasing your first investment property, this is a straightforward buy-and-hhold opportunity. Property is being sold strictly as-is, and the buyer will be responsible for any required certifications. Reach out today for more details.
Listing Agent
(856) 210-3000 marc@marcricci.com Prime Realty Partners Brokerage Phone: 8562103000 Listed on: 02/18/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,996
Year Built
- Built in 1960
Lot Details
- 9,361 Sq Ft Lot
Parking
- Driveway
Home Design
- Bungalow
- Permanent Foundation
- Frame Construction
Interior Spaces
- 574 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- 1 Full Bathroom
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00019
- Assessor Parcel Number 08-00031-00019
Map
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 |
|---|---|---|---|---|
| 2025 | $1,963 | $35,400 | $16,800 | $18,600 |
| 2024 | $1,897 | $35,400 | $16,800 | $18,600 |
| 2023 | $1,897 | $35,400 | $16,800 | $18,600 |
| 2022 | $1,829 | $35,400 | $16,800 | $18,600 |
| 2021 | $1,750 | $35,400 | $16,800 | $18,600 |
| 2020 | $1,773 | $35,400 | $16,800 | $18,600 |
| 2019 | $1,781 | $35,400 | $16,800 | $18,600 |
| 2018 | $2,199 | $54,500 | $24,800 | $29,700 |
| 2017 | $2,206 | $54,500 | $24,800 | $29,700 |
| 2016 | $2,123 | $54,500 | $24,800 | $29,700 |
| 2015 | $2,033 | $54,500 | $24,800 | $29,700 |
| 2014 | $2,011 | $54,500 | $24,800 | $29,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/18/2026 02/18/26 | For Sale | $110,000 | -- | $192 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | $55,000 | Neighborhood Abstract | |
| Deed | $29,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $69,700 | Construction | |
| Previous Owner | $29,000 | Seller Take Back |
Source: Bright MLS
MLS Number: NJSA2017942
APN: 08-00031-0000-00019
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Ask me questions while you tour the home.