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    455 Shell Rd Penns Grove, NJ 08069
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    Property profile & analytics

    455 Shell Rd, Penns Grove, NJ 08069

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    • Truck stops
    • 139.82 lot acres
    Prime Land in Penns Grove For Sale
    $4,500,000
    139.82 Acres

    Prime Land in Penns Grove

    139.82 acres of land in a prime corridor.

    455 SHELL ROAD, Penns Grove, NJ 08069
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    Property ID
    US59-3104599
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Truck stops

    Property Details for 455 Shell Rd

    Lot size
    139.82 lot acres
    Zone code
    LI
    Property type
    Truck stops
    APN
    02 00193-0000-00007
    APU
    200193000000007

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 20, 2013 $3,100,000 Multani Real Estate LLC Cp Investments LLC Grant Deed $3M · Dds General Contractor INC
    Oct 2, 2007 $2,900,000 Cp Investments LLC Rkdj Rlty LLC Grant Deed —
    — — Rkdj Realty LLC — Deed Of Trust · related —
    — — Rkdj Realty LLC — Deed Of Trust · related $1.4M · Yardville National Bank
    — — Rkdj Realty LLC — Deed Of Trust · related $200k · Yardville National Bank
    — — Cp Investment LLC — Deed Of Trust · related $1.6M · Wilmington Savings Fund Societ

    Description

    This exceptional 119-acre land parcel, located at 455 Shell Road in Penns Grove, New Jersey (Salem County, zip code 08069), presents a significant opportunity for industrial development. The property, identified as Block 193, Lot 7, is zoned for Light Industrial use, offering considerable flexibility for various projects. Previous approvals existed for a substantial 350,000 square foot warehouse, providing a strong foundation for future development plans. The expansive lot size allows for significant scale and potential for large-scale industrial construction. The property's strategic location in Penns Grove offers convenient access to major transportation arteries, facilitating efficient logistics and distribution. Detailed site plans and historical zoning information are available upon request. The 2023 property taxes were $107,642.20. This is a rare opportunity to acquire a large, well-located industrial land parcel with a proven track record of development potential. Serious inquiries only. Buyers are responsible for conducting their own due diligence. This information is believed to be accurate but is not guaranteed.


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    Location Insight

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    • Local Demand
    City
    Penns Grove
    County
    Salem
    State
    New Jersey
    Longitude
    -75.4796
    Latitude
    39.6903
    CBSA code
    37980
    CBSA name
    PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $114,390
    $1,300,000
    $1,913,200
    $3,213,200
    -
    $1,300,000
    $1,913,200
    $3,213,200
    View Listing
    More about this property
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