NJ
SALEM
PENNS GROVE
08069
80 S BROAD STREET
80 S BROAD STREET, PENNS GROVE, NJ 08069
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Listing Type
Multi Family
Listing Status
Active Under Contract
10
$270,000

Home Details for 80 S BROAD STREET

Price
$270,000
Type
Residential Income
Bedrooms
5
Bathrooms
Square feet
NaN
Year built
1920
Lot size acres
1.02
County
SALEM
Garage
Days on site
175
MLS Listing#
NJSA2016186
Property Description

This 4-unit mixed-use property presents a tremendous opportunity and includes two storefronts (totaling 4,024 sq. ft.) along with a separate two-unit duplex (2,250 sq. ft.). The duplex is fully rented with cooperative tenants, generating $1,575 per month for the 3BR/1BA unit and $1,350 per month for the 2BR/1BA unit, for a total annual rental income of $35,100. Both residential units are separately metered. The commercial buildings offer significant potential for renovation and can be adapted for a wide variety of uses. The property is being sold strictly as-is, with the buyer responsible for all due diligence. Please note that this property may not qualify for conventional financing. Acceptable financing options include cash purchase, hard money loan, or commercial loan. Sold strictly AS-IS . Bring all offers!

Property Features
  • Cooling Information
    • Multi Units
    • Window Unit(s)
    • Electric
  • Heating Information
    • Natural Gas
    • Forced Air
  • Water Features
    • Public
  • Parking
    • Other
Listing Courtesy: Coldwell Banker Realty - 856-685-5600
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Last Updated: 2026-02-06 16:51:44
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EXIT REALTY JERSEY SHORE
2029 Route 37 East, Toms River, NJ 08753
Rosemarie McGeehan
License #: 0679931
Associate Broker
Office
732 573 1550
Agent
732 740 9519
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