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    Penns Grove Auburn Rd Penns Grove, NJ 08067

    • Land
    • 38.12 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Penns Grove Auburn Rd

    Lot size
    38.12 lot acres
    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 38.12-acre property in Salem County, New Jersey, presents a unique investment opportunity. Located on Penns Grove Auburn Rd in Pedricktown (zip code 08067), this expansive land parcel offers versatile usage potential. Zoned for both agricultural and residential purposes, it's ideally suited for a variety of developments. Imagine establishing a horse farm, creating a small, exclusive subdivision of six to eight two-acre lots, or building your dream luxury estate. The property's zoning requires a minimum two-acre lot size for single-family detached dwellings, with private septic and well systems mandated. Should the sale occur before harvest, any existing crops will be harvested by the current farmer. This prime location boasts convenient access to major transportation arteries, including I-295, the NJ Turnpike, the Delaware Memorial Bridge, and the Commodore Barry Bridge, ensuring easy commuting and accessibility. The asking price for this remarkable property is $699,000. Detailed information regarding zoning regulations and development possibilities is readily available. This is a rare opportunity to acquire a substantial land holding in a desirable New Jersey location.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Penns Grove
    County
    Salem
    State
    New Jersey
    Longitude
    -75.4241
    Latitude
    39.7102

    Comparable in this City

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      88.00 Acres

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    • Value Estimation by Request

      89 Pennsville Auburn Rd

      Farms
      89 Pennsville Auburn Rd, Oldmans Township, NJ 08067
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    • Value Estimation by Request
      3.00 Acres

      160 Pennsville Pedricktown Rd

      COMMERCIAL (GENERAL) • 3.00 Acres
      160 Pennsville Pedricktown Rd, Pedricktown, NJ 08067
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    • Value Estimation
      $215,000
      0.21 Acres

      10 Ml St

      COMMERCIAL (GENERAL) • 0.21 Acres
      10 Ml St, Pedricktown, NJ 08067
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    • Value Estimation
      $550,000
      34.00 Acres

      201 Rte 130us

      INDUSTRIAL (GENERAL) • 34.00 Acres
      201 Rte 130us, Pedricktown, NJ 08067-3613
      View Details
    • Value Estimation
      $330,000
      5.04 Acres

      32 Pennsgrove Pedricktown Rd

      INDUSTRIAL (GENERAL) • 5.04 Acres
      32 Pennsgrove Pedricktown Rd, Pedricktown, NJ 08067-3503
      View Details

    Similar Nearby for Sale

    • $3,560,000

      Prime NJ Farmland - 88 Acres

      Oldmans Township farmland, ideal for expansion.
      89 Pennsville Auburn Rd, Oldmans Township, NJ 08067
      View Details
    • $3,560,000
      88.00 Acres

      88-Acre Farm in Pedricktown, NJ

      Prime farmland, hunting, & solar potential.
      89 Pennsville Auburn Rd & Stumpy Ln, Pedricktown, NJ 08067
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    • $899,000
      38.12 Acres

      38 Acres in Oldmans Township

      38 acres suitable for horse farm or luxury estate.
      Penns Grv Auburn Rd, Pedricktown, NJ 08067
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    • $70,000
      2.00 Acres

      Two Acre Wooded Residential Land

      Two-acre wooded property suitable for building a dream home.
      60 Pedricktown Woodstown Rd, Pedricktown, NJ 08067
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    Penns Grove Auburn Rd
    Penns Grove, NJ 08067
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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
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