Financial
Distress signals
Property profile

18 Virginia Ave Penns Grove, NJ 08069

OFF-MARKET
Other commercial real estate
Property ID
US59-0803978
24,246 SF 0.95 ac lot Built 1940
Last sale Jan 2022 · $625,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Renovated commercial property located on Route 130 in Penns Grove, providing access to major highways and the Philadelphia and Delaware areas, with proximity to Route 295/New Jersey Turnpike and Route 322. The building includes a replaced reflective roof, new HVAC systems, upgraded electrical systems, and LED lighting throughout, along with renovated restrooms. Total interior space is approximately 9,844 square feet, consisting of approximately 7,000 square feet of dry storage and approximately

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$32k
Tax billed · 2022
Assessed value · 2023$618k
Assessed land$69k
Assessed improvement$549k
Effective rate5.17%

Value estimate

· Sep 2026
$665k
$599k – $732k
Submarket $/SF estimate$667k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$50/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$27 – $86
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSALEM

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.7
Law Firm17.3
Dental Office13.5

Location

18 Virginia Ave Penns Grove, NJ 08069-1429
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
180 Main, Penns Grove, NJ 08069-1309 $330,000 Jul 2025 11,947 SF
43 Main, Penns Grove, NJ 08069-1404 $938,000 Apr 2025 8,670 SF
150 Main, Penns Grove, NJ 08069-1308 $60,000 Jun 2024 6,665 SF
300 Broad, Penns Grove, NJ 08069-1063 $160,000 Mar 2024 7,142 SF
14-16 Main, Penns Grove, NJ 08069-1302 $260,000 Dec 2023 5,512 SF
64 Broad, Penns Grove, NJ 08069 $50,000 Mar 2023 11,284 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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