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    & CUMBERLAND Lincoln Ave Penns Grove, NJ 08069

    For Sale
    $99,000

    LAND - PENNS GROVE, NJ

    Days on Market:
    37
    Last Refresh:
    Dec 9 at 7:06 am

    Property Features for & CUMBERLAND Lincoln Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active

    American Dream Realty of South Jersey (856) 299-6444 [email protected]

    Listing agent Joseph E. Venello Jr. (856) 299-6444 License #893531

    Listing date Nov 3, 2025

    MLS# NJSA2013688 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Development Land Near Main Street

    Located one block from Main Street in Penns Grove, this property consists of five adjoining lots on Lincoln Avenue, specifically lots 4, 5, 6, 7, & 8 in Block 73, starting from the intersection of Cumberland Avenue. The site is suitable for residential development or commercial enterprise. The sellers are open to development ideas. All utilities are available. Located just off US Route 130 (Virginia Avenue), the property is in close proximity to major cities, highways, shopping, and event locations. The low taxes in Penns Grove are attractive for investment. Additional parcels are available for sale on Cumberland Avenue in the immediate area. This property can also be purchased as part of a package deal.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Penns Grove
    County
    Salem
    State
    New Jersey
    Longitude
    -75.46674
    Latitude
    39.72716

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    FAQs

    What type of property is this?
    Land - Five adjoining lots ideal for residential or commercial development.
    Where is this land located?
    The property is located at & CUMBERLAND Lincoln Ave Penns Grove, NJ.
    What is the asking price?
    The asking price for this property is $99,000.
    What are key features of this property?
    This property features: - Five adjoining lots on Lincoln Ave, a block from Main Street, ideal for development.; - Located just off US Route 130 (Virginia Avenue), with close proximity to major cities and highways.; - All utilities are available on site.
    (856) 299-6444
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    & CUMBERLAND Lincoln Ave Penns Grove, NJ 08069
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    & CUMBERLAND Lincoln Ave Penns Grove, NJ 08069
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