Property profile

1073 Rte 40 Penns Grove, NJ 08069

OFF-MARKET
Commercial real estate
Property ID
US59-1250910
2,710 SF 2.29 ac lot Built 1955
Entity Owned 2-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1955
Total area 2,710 SF
Lot 2.29 ac (99,752 SF)
Zoning code CONS
APN 02 00241-0000-00030
UPID US59-1250910

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1073 Rte 40 Penns Grove, NJ 08069-3613
Penns Grove metro Census 20600 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$865k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$950k

Owner & transaction history

since 2023
Last sale
$900,000
6 recorded transactions
2023
$900,000
2023
Price N/A
2016
Price N/A
2009
$650,000
2007
$645,000
1969
Price N/A

Zoning & alternative use

CONS · Penns Grove, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1073 Rte 40?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
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