Rivera Realty

72 S BROAD STREET, PENNS GROVE, NJ 08069

IDX Image

72 S BROAD STREET, PENNS GROVE, NJ 08069

Sold Price: $320,000
List Price: $349,900
Sold Date: Nov 26, 2024

Sq. Ft.: 8,388
Type: Commercial
Buyer's Agent: Brooke Cocozza
Listing Agent: Lucas M Romano
Request Information
Exceptional Investment Opportunity! This expansive 8,388 square foot mixed-use property offers versatility and potential for great returns. The first floor features a large commercial space perfect for a variety of businesses, with the option to convert the rear section into two additional residential units.The upper floors include three spacious apartments. Units A and B each offer 3 bedrooms, 1 bathroom, and an open-plan living area with a combined kitchen and living room. Unit C is as large as a single-family home, featuring 5 bedrooms, 2 full bathrooms, a spacious eat-in kitchen with dining area, a laundry room, and a generous living room.With some improvements, the estimated rental income is $1,500 per month for Units A and B, $2,000 for Unit C, and $2,000 for the commercial space. The property also includes a gated parking lot that accommodates 10+ cars, offering added convenience for tenants. Each unit has its own utilities, and all units are currently vacant.This property is being sold as-is, where is condition.. Don't miss out on this prime investment!
Buyer's Agent: Brooke Cocozza
Listing Agent: Lucas M Romano
Property Features
Location Information
County: SALEM
Municipality: PENNS GROVE BORO
MLS Area: Penns Grove Boro (21708)
Subdivision: NONE AVAILABLE
Interior Features
Heating: Forced Air
Heating Fuel: Natural Gas
Cooling: Window Unit(s)
Floors: Laminated, Vinyl, Tile/Brick, Carpet
Exterior Features
Is New Construction: No
Foundation: Slab
Roof: Flat
Septic or Sewer: Public Sewer
Lot Size in Acres: 0.32
Building Total Area (Sq. Ft.): 8,388
Additional Information
ListDate: 2024-10-24 00:00:00.0
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1943


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
yrs
Interest Rate
 % 
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Logo
© 2026 Bright MLS - TREND, Central Penn, Keystone. All rights reserved.
© 2026 BRIGHT. All rights reserved.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Rivera Realty participates, and is provided by BRIGHT through a licensing agreement. Real estate listings held by brokerage firms other than Rivera Realty are marked with the IDX icon, and detailed information about each listing includes the name of the listing broker. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale. Home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHT MLS is a provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Information Deemed Reliable But Not Guaranteed.
BRIGHT(MRIS/Trend) data last updated at January 11, 2026, 10:19 PM ET