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Prime Land Opportunity, Penns Grove

59-61 WALNUT Street Penns Grove, NJ 08069

59-61 WALNUT Street, Penns Grove, NJ, 08069
$145,000
For Sale
$145,000

LAND - PENNS GROVE, NJ

Lot Size0.06 Acres
Days on Market573

Property Features for 59-61 WALNUT Street

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Lot size
0.06 Acres

Taxes and HOA fees

Tax Annual Amount
537
Listing agency American Dream Realty of South Jersey
Listed by Joseph E. Venello Jr. · License #893531
Added: Dec 26, 2024 Updated: Jun 9 at 12:15PM Checked: Jul 22 at 9:06PM
MLS# NJSA2013292

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This is an opportunity to acquire several lots bundled together. The sale includes the following parcels: Block 73, lots 1, 20, and 19; Block 73, lot 2; and Block 73, lots 4, 5, 6, 7, and 8. Consider building single-family homes, multiple residential structures, or exploring commercial ventures. The area supports most any venture with access to all utilities. For developers, there are adjoining properties on Walnut Street and connecting properties on Cumberland Avenue and Lincoln Street, adding to the possibilities for this area. The location is central in historic Penns Grove, blocks from the Delaware River waterfront, Interstate 295, US Route 130, the Delaware Memorial Bridge, and the New Jersey Turnpike. Philadelphia is 40 minutes away. The total lot size is 0.0644 acres. The area is located in Salem County. This property can also be purchased as part of a package deal.

Key Highlights

  • Multiple adjoining lots included, offering various development possibilities.
  • Prime location in Historic Penns Grove, close to the Delaware River waterfront.
  • Convenient access to major transportation routes: I‑295, US Route 130, Delaware Memorial Bridge, and NJ Turnpike.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential land & home ...

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Skin Care Clinic Electrical Service HVAC Service Gym & Fitness Center Parking Lot & Garage

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

FAQs

What type of property is this?
Residential land & home lot - Multiple lots bundled, endless possibilities in historic Penns Grove.
Where is this residential land & home lot located?
The property is located at 59-61 WALNUT Street Penns Grove, NJ.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Multiple adjoining lots included, offering various development possibilities.; Prime location in Historic Penns Grove, close to the Delaware River waterfront.; Convenient access to major transportation routes: I‑295, US Route 130, Delaware Memorial Bridge, and NJ Turnpike.
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