8 N Virginia Ave, Penns Grove, NJ 08069

$179,000
List Price
$179,000
Days on Market
16
Status
ACTIVE
MLS#
NJSA2020420
Lot Size (Acres)
0.4
County
Salem
School District
Penns Grove-Carneys Point Schools

Property Description

This prime 0.4-acre lot presents an exceptional investment opportunity, characterized by its cleared, level, and open terrain, ensuring ease of development. With significant road frontage on RT 130 as well as rear access via N. Smith Avenue, the property offers excellent visibility and accessibility, making it ideal for various commercial or residential projects. Strategically located within 10 miles of the airport and less than a mile from a bus stop, this site benefits from robust transportation links, enhancing its appeal for future tenants or buyers. The proximity to a commuter rail station within 1 to 5 miles further increases its attractiveness for those seeking convenient transit options. The absence of association fees and amenities allows for greater flexibility in development and investment strategies. This lot's versatile features and advantageous location position it as a promising asset for investors looking to capitalize on the growing demand for real estate in the area. Explore the potential for substantial returns through strategic development or resale in this thriving market.

Additional Information

Area
Penns Grove Boro (21708)
Taxes
$1,361
View
Street, Other
Utilities
Cable Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

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Listing courtesy of American Dream Realty of South Jersey. Contact: