Pennsville, NJ 08070,101 N BROADWAY
Pennsville, NJ 08070,101 N BROADWAY
Pennsville, NJ 08070,101 N BROADWAY
$200,000
Est. payment /mo
$229,900
13.0%
Est.Price: ?

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2,672 SqFt
SOLD DATE : 10/31/2023

Key Details

Sold Price $200,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 2,672 sqft

Price per Sqft $74

MLS Listing ID NJSA2006586

Sold Date 10/31/23

Originating Board BRIGHT

Year Built 1921

Annual Tax Amount $12,878

Tax Year 2022

Lot Size 0.474 Acres

Acres 0.47

Lot Dimensions 125.00 x 165.00

Property Description

This property is a versatile and potentially valuable investment! With its commercial zoning, it offers the opportunity to run a professional or retail business, or alternatively, it can be converted back to a residential home if the necessary paperwork is filed and approved with the township.

The property's interior features are appealing, including hardwood floors and trim, a beautiful fireplace, a kitchen, and a half bath on the lower level, as well as three spacious bedrooms and a large bathroom on the upper level. The non-load-bearing interior walls in the back addition provide flexibility for potential renovations, allowing for customization to suit specific needs.

The ownership of solar panels is a fantastic eco-friendly feature, and it's even better that the solar system is owned rather than leased. This will likely lead to reduced energy costs, as evidenced by the low electric bill of $17 in February. Currently, this property receives roughly $3000/year in solar credits.

Additionally, the LOMA (Letter of Map Amendment) to remove the property from the flood zone is a significant advantage, as it can affect insurance costs and overall property value.

Overall, this property presents a unique opportunity. If you're interested in either using this property for your business or converting it back to residential use, now is the time to act! Reach out to us and make an offer. However, before proceeding, it's essential to conduct your due diligence, review the property's history and documentation, and possibly consult with professionals to understand the process of converting the zoning.

Good luck with your potential acquisition!

Location

State NJ

County Salem

Area Pennsville Twp (21709)

Zoning 04

Interior

Hot Water Electric

Heating Radiator, Forced Air

Cooling Central A/C

Flooring Hardwood

Heat Source Oil

Exterior

Garage Spaces 6.0

Utilities Available Electric Available, Multiple Phone Lines

Waterfront N

Water Access N

Accessibility Ramp - Main Level

Parking Type Parking Lot

Total Parking Spaces 6

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

Middle Schools Pennsville

High Schools Pennsville Memorial

School District Pennsville Township Public Schools

Others

Tax ID 09-01704-00008

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Cheryl Cashman • Pino Agency
Bought with Cheryl Cashman • Pino Agency

GET MORE INFORMATION

Karen Wilkinson

+1(732) 599-1938

Agent | License ID: 0343436

Agent License ID: 0343436

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