Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    370 Route 40 Penns Grove, NJ 08069

    Under Contract
    For Sale
    $58,000

    LAND - PENNS GROVE, NJ

    Lot size:
    4.69 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 370 Route 40

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active Under Contract
    Lot size
    4.69 Acres

    Maturo Realty, Inc. (856) 316-0777 [email protected]

    Listing agent Sharon Beth Cassaday (856) 473-2105 License #2293275

    Listing date Nov 12, 2025

    MLS# NJSA2014898 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

    Commercial Land at Highway Interchange

    This 4.69-acre commercial land is a vacant wooded lot situated at a highly traveled multi-highway interchange of Route 295, the New Jersey Turnpike, the Delaware Memorial Bridge, and Route 40 in Penns Grove, NJ. The property offers significant exposure and accessibility to commuters, travelers, and potential customers. Buyers are responsible for conducting their due diligence and verifying all permits, approvals, and requirements with the township. This location presents a canvas for growth and profitability.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Auto Repair Shop Pharmacy Auto Parts Store Hotel & Motel Food Market Grocery Store Bar & Pub Electrical Service Electronics Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Penns Grove
    County
    Salem
    State
    New Jersey
    Longitude
    -75.47243
    Latitude
    39.68048

    Nearby Similar for Sale

    • Contact for pricing
      139.82 Acres

      Warehouse with 14 Loading Docks

      Large warehouse with 14 loading docks, convenient location and parking.
      455 Shell Rd, Penns Grove, NJ 08069
      View Details
    • $475,000
      1.07 Acres

      Professional Office Building For Sale

      Brick colonial-style building on one acre lot, suitable for various businesses.
      317 Shell Rd, Penns Grove, NJ 08069
      View Details
    • $105,000
      0.22 Acres

      Waterfront Land in Penns Grove

      Waterfront property with views, privacy, and beach access.
      Delaware Dr, Penns Grove, NJ 08069
      View Details
    • New
      $249,999
      1,920 SF

      Penns Grove Duplex Investment Opportunity

      Well-maintained duplex in Penns Grove, NJ, generating $3,000 monthly income.
      204-206 S Broad St, Penns Grove, NJ 08069
      View Details
    • Contact for pricing
      596,443 SF

      Spacious Warehouse in Penns Grove

      596,443 SF warehouse with ample parking available now.
      23 Forest Ln, Penns Grove, NJ 08069
      View Details
    • Contact for pricing
      530,000 SF

      530,000 SF Warehouse Available Now

      530,000 SF warehouse featuring 118 dock doors and 4 drive-in doors.
      48 Forest Ln, Penns Grove, NJ 08069
      View Details

    FAQs

    What type of property is this?
    Commercial land - Prime commercial vacant wooded lot with high visibility and accessibility.
    Where is this commercial land located?
    The property is located at 370 Route 40 Penns Grove, NJ.
    What is the asking price?
    The asking price for this property is $58,000.
    What are key features of this property?
    This property features: - Prime commercial vacant wooded lot.; - Located at a highly traveled multi-highway interchange (Route 295, NJTP, Delaware Memorial Bridge, Route 40).; - Unparalleled exposure and accessibility to commuters and travelers.
    (856) 473-2105
    Request Owner's contact information
    370 Route 40 Penns Grove, NJ 08069
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    370 Route 40
    Penns Grove, NJ 08069
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    370 Route 40 Penns Grove, NJ 08069
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.