Price cut
$40,000
· 5,314 sqft lot
32 Walnut St, Penns Grove, NJ 08069
Land ·
$239/mo est. payment
Flood factor 5/10
About this home
Located in the Borough of Penns Grove where taxes are relatively low! For the investor looking to build or the owner occupant wanting to construct their own dream house. An area starving for investment and development; Public water and sewer available. The area supports most any venture with access to all utilities. Located just off US Route 130 (Virginia Avenue), this property is situated in close proximity to all major cities, highways and those shopping and event locations. Take advantage of low taxes and a thirst for investment by choosing Penns Grove and build upon the opportunities available here. Offering a building lot on Walnut Street , just off S. Broad Street, Public water and sewer available. A great opportunity for the investor looking to create a portfolio in Penns Grove with low taxes and great municipal services, or the home builder looking for residential space. Take a look and consider the investment. This property can also be purchased as part of a package deal. See attached documents for list of package of properties, their mls numbers and price.
Facts and features
Land Info
- Lot Size Acres: 0.1219927
- Lot Size Square Feet: 5314
Homeowners Association
- Association: No
- Calculated Total Monthly Association Fees: 0
School Information
- School District: PENNS GROVE-CARNEYS POINT SCHOOLS
Other Property Info
- Annual Tax Amount: 427
- Source Listing Status: Active
- County: SALEM
- Current Use: Vacant
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Property Type: Land
- Postal Code Plus 4: 1722
Schools
- 2
Paul W. Carleton Elementary School
elementary · 4-5 · 0.4 mi
- 3
Penns Grove Middle School
middle · 6-8 · 0.5 mi
- 4
Penns Grove High School
high · 9-12 · 0.9 mi
St. Helena School
elementary · K-8 · 3.5 mi
- 2
Field Street Elementary School
elementary · 1-3 · 0.6 mi
Lafayette-Pershing Elementary School
elementary · K · 0.8 mi
Price history
- Jul 24, 2025 · Price Changed$40,000
- Jan 31, 2025 · Listed$30,000
- Apr 1, 2024 · Listing Removed—
- Sep 19, 2023 · Listed$25,000
- Feb 8, 2012 · Listing Removed$15,000
- Aug 30, 2006 · Listed$15,000
Tax history
- 2026$453 tax · $7,700 assessed
- 2025$434 tax · $7,700 assessed
- 2024$427 tax · $7,700 assessed
- 2023$412 tax · $7,700 assessed
- 2022$397 tax · $7,700 assessed
- 2021$380 tax · $7,700 assessed
- 2020$385 tax · $7,700 assessed
- 2018$318 tax · $7,900 assessed
Home value
$40,000
- Collateral Analytics$40,000
Where it is
Listed by Joseph Venello · American Dream Realty of South Jersey · BrightMLS
