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32 WALNUT STREET
About This Property
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.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2025 | Price Increased |
$40,000
↑ $10K
(33.3%) | |
| Price Increased | |||
| Jan 31, 2025 | Listed | $30,000 | |
| Listed | |||
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017