Prime Land Opportunity, Penns
For Sale
$145,000
59-61 WALNUT Street, Penns Grove, NJ 08069
LAND - PENNS GROVE, NJ
Lot Size0.06 Acres
Days on Market583
Property Features for 59-61 WALNUT Street
General Information
Property type
Land
Property subtype
Other
Elementary school district
PENNS GROVE-CARNEYS POINT SCHOOLS
Middle school district
PENNS GROVE-CARNEYS POINT SCHOOLS
High school district
PENNS GROVE-CARNEYS POINT SCHOOLS
Standard status
Active
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
537
Listing Agency:
American Dream Realty of South Jersey
(856) 299-6444
Listed By:
Joseph E. Venello Jr. · License #893531
(856) 299-6444
Added: Dec 26, 2024
Changed: Jun 9
Last Checked: Aug 1 at 6:06AM
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
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
Explore this area
Business Placement
Demographics for 08069, NJ
13,325
Population
5,838
Households
2.3
Avg Household Size
39
Median Age
17%
College-Educated
87%
High-School Grad
15.9 sq mi
ZIP Area
838
Density / Sq Mi
$68,397
Median Household Income
$38,156
Median Earnings
$1,221
Median Rent
$184,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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.
