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79 Penn Street, Penns Grove, NJ 08069
$219,900 Sale Pending
79 Penn Street, Penns Grove, NJ 08069View this property at 79 Penn Street, Penns Grove, NJ 08069
79 Penn StreetPenns GroveNJ08069
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Property Description
Completely renovated in 2019, this duplex features a new roof, new HVAC, new siding, new electrical and new plumbing, along with bathrooms and a complete interior overhaul. Each side boasts 4 bedrooms and 2 bathrooms, providing ample space and comfort for tenants. Unit 79 rents for $1300/month, while Unit 81 commands $1600/month, totaling $2900/month in rental income or $34,800 annually. After deducting $5858 in taxes, $1240 in sewer, and $1590 in insurance annually, the Net Operating Income (NOI) remains strong at over $26,000 per year! Perfect for investors seeking turnkey rental properties with proven income potential. Showings are by appointment only due to tenants occupying the premises. Schedule a showing today!
Full Property Details
Full Property Details for 79 Penn St
General
- Price: $219,900
- Taxes: $5,858 (2023)
- Status: Pending
- Type: Duplex
- MLS ID: NJSA2010778
- Updated: 5/13/2024
- Added to Site: 25 day(s) ago
Rental Information
- Rent Control: Yes
Parking
- Parking Type: On Street
Location
- Area: Penns Grove Boro (21708)
- Municipality: PENNS GROVE BORO
- County: Salem
- Driving Directions: Penn Street
School Information
- School District: Penns Grove-Carneys Point Schools
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas Available
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Colonial
- Architectural Style: Colonial
- Structure Type: Twin/Semi-Detached
- Construction: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full
- Foundation: Block
- Roof: Shingle
- Stories/Levels: 4
- Square Feet: 3,033
- Sq. Ft. Source: Assessor
- Living Area: 3,033 Sq. Ft.
- Finished Above Grnd: 3,033 Sq. Ft.
- Year Built: 1940
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.14
- Lot Size (Sq. Ft.): 5,934
- Lot Size Source: Estimated
- Lot Dimensions: 46.00 x 0.00
- Zoning: RES
Financial Considerations
- Price Per Sq. Ft.: $72.5
- Assessment Year: 2023
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $109,300
- Tax Amount: $5,858
- Tax Year: 2023
- Tax Total Finished Sq. Ft.: 3033
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Exclusions: Tenant's personal property.
- Lot Number: 00001 01
Listed by Lamb Realty, Robert J Sapienza Jr.
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Schools
Schools serving 79 Penn St
School District:Penns Grove-Carneys Point Schools
Rating | Name | Grades | Distance |
---|---|---|---|
144 Field St, Carneys Point, NJ 08069 | 1-3 | 0.9 mi | |
251 E Maple Ave, Penns Grove, NJ 08069 | 4-5 | 1 mi | |
Lafayette-Pershing School
237 Shell Rd, Carneys Point, NJ 08069 | PK-K | 1.4 mi | |
351 E Maple Ave, Penns Grove, NJ 08069 | 6-8 | 1.1 mi | |
334 Harding Hwy, Carneys Point, NJ 08069 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 79 Penn St
Date
Details
Price
Change
Source
4/24/2024
Listed
$219,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 79 Penn St
79 Penn Street, Penns Grove, NJ 08069 (MLS# NJSA2010778) is a Duplex property with 0 bedrooms and 0 full bathrooms. 79 Penn Street is currently listed for $219,900 and was received on April 24, 2024. Want to learn more about 79 Penn Street? Do you have questions about finding other Duplex real estate for sale in Penns Grove? You can browse all Penns Grove real estate or contact a Coldwell Banker agent to request more information.