8 N VIRGINIA AVE, Penns Grove, NJ 08069
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8 N VIRGINIA AVE, Penns Grove, NJ 08069
8 N VIRGINIA AVE, Penns Grove, NJ 08069
8 N VIRGINIA AVE, Penns Grove, NJ 08069
8 N VIRGINIA AVE, Penns Grove, NJ 08069
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Maya Felsenstein

Maya Felsenstein

+1(561) 797-7899
Listed by Joe Venello • American Dream Realty of South Jersey
$ 179,000
Est. payment /mo
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Active

8 N VIRGINIA AVE Penns Grove, NJ 08069

0.4 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJSA2020420

HOA Y/N N

Annual Tax Amount $1,361

Tax Year 2025

Lot Size 0.400 Acres

Acres 0.4

Property Sub-Type Land

Source BRIGHT

Property Description

Announcing: New Jersey has nominated Census Tract 203 in Penns Grove as part of the Federal Opportunity Zone 2.0 program. The opportunity zone is federally designated areas created to encourage private investment in economically underserved communities through qualified opportunity funds. The seller offers for sale in Penns Grove this prime 0.4-acre lot presenting an exceptional investment opportunity, characterized by its cleared, level and open terrain, ensuring ease of development. With significant road frontage on RT 130 as well as rear access via N. Smith Avenue, the property offers excellent visibility and accessibility, making it ideal for various commercial or residential projects. Strategically located within 10 miles of the airport and less than a mile from a bus stop, this site benefits from robust transportation links, enhancing its appeal for future tenants or buyers. The proximity to a commuter rail station within 1 to 5 miles further increases its attractiveness for those seeking convenient transit options. The absence of association fees and amenities allows for greater flexibility in development and investment strategies. This lot's versatile features and advantageous location position it as a promising asset for investors looking to capitalize on the growing demand for real estate in the area. Explore the potential for substantial returns through strategic development or resale in this thriving market.

Location

State NJ

County Salem

Area Penns Grove Boro (21708)

Zoning MIXED USE

Exterior

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Amenities Available None

Water Access N

View Street, Other

Street Surface Access - On Grade,Black Top,Paved,US Highway/Interstate

Road Frontage State

Garage N

Building

Lot Description Cleared, Level, Open, Road Frontage

Sewer Public Sewer

Water Public

Schools

School District Penns Grove-Carneys Point Schools

Others

HOA Fee Include None

Tax ID 08-00039-00009

Ownership Fee Simple

Acceptable Financing Private, Negotiable, Conventional, Cash, Other

Horse Property N

Listing Terms Private, Negotiable, Conventional, Cash, Other

Financing Private,Negotiable,Conventional,Cash,Other

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Maya Felsenstein
Maya Felsenstein

REALTOR® License ID: 1968412

+1(561) 797-7899 | maya@mayafelsensteingroup.com

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8 N VIRGINIA AVE

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