See Home Value
$123,000
House - Off Market

40 PENN ST

PENNS GROVE, NJ 08069
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1040 Sqft
$142,359
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome to 40 Penn St.  This property is USDA eligible!  Single detached 3 bedroom 1 bath home with a detached garage.  The property is currently tenant occupied on a month to month lease.

Property is being sold AS IS. Buyer is responsible for Certificate of Occupancy.

*Seller will make safety repairs called for by the appraiser.*

**tenant is cooperative and flexible with showing requests.**

Thank you for showing!

**Motivated Seller**
Unit Size
1,040Ft²
Days on Market
635 days
Land Size
0.12 acres
Price per sqft
$137
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1955
Last updated: 10 months ago (Bright MLS #NJSA2000119)

Price History

Date / Event Date Event Price
Aug 1, 2023 Sold to Natasha Marmolejos $123,000
Sold to Natasha Marmolejos
Mar 30, 2023 In contract -
In contract
Oct 27, 2021 Listed by Weichert Realtors-Cherry Hill $142,748
Listed by Weichert Realtors-Cherry Hill
Nov 1, 2019 Sold to Technologies Llc Cignivia $66,000
Sold to Technologies Llc Cignivia
May 9, 2017 Sold to Senaca Fortune $18,900
Sold to Senaca Fortune
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,240
  • Lot Size Depth Feet: 794
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : MARMOLEJOS NATASHA
  • Previous Owner : CIGNIVIA TECHNOLOGIES LLC
  • Owner Before Previous Owner: BBTB LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Penns Grove-Carneys Point Regional School District
  • Census Tract: 020200

Geography

  • Assessors Map Reference: TAX MAP 5
  • District: 08
  • Parcel: 08 00053-0000-00017
  • Block: 53
  • Lot: 17
  • Municipality: PENNS GROVE BORO
  • Latitude: 39.735
  • Longitude: -75.4732

    Address

  • Full Address: 40 Penn St
  • Address - House Number: 40
  • Address - Street Name: Penn
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Penns Grove
  • Carrier Code: C005
  • 4-Digit Zip Code: 1329
  • Zip Code: 08069

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,007

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 27,103
  • High Value: 38,981
  • Low Value: 15,224

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $130,772
  • First Open Lien Mortgage Lender: AMERICAN NHBRD MTG ACCEPTANCE
  • First Open Lien Mortgage Recording Date: Aug 01, 2023
  • First Open Lien Mortgage Loan Amount: $120,772
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053
  • Second Open Lien Mortgage Lender: NEW JERSEY HOUSING AND MORTGAG
  • Second Open Lien Mortgage Recording Date: Aug 01, 2023
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $58,200
  • Market Land Value: $12,900
  • Market Improvement Value: $45,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,200
  • Assessed Land Value: $12,900
  • Assessed Improvements Value: $45,300

    Sales

  • Current Sale Contract Date: Aug 01, 2023
  • Current Sale Recording Date: Aug 01, 2023
  • Current Sale Transaction ID: 11910435974
  • Current Sale Price: $123,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 6673
  • Previous Sale Recording Date: Nov 01, 2019
  • Previous Sale Contract Date: Aug 23, 2019
  • Previous Sale Amount: $66,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN NHBRD MTG ACCEPTANCE
  • First Mortgage Transaction Date: Aug 01, 2023
  • First Mortgage Loan Amount: $120,772
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2053
  • Second Mortgage Lender: NEW JERSEY HOUSING AND MORTGAG
  • Second Mortgage Transaction Date: Aug 01, 2023
  • Second Mortgage Loan Amount: $10,000
  • Second Mortgage Terms: 5
  • Second Mortgage Loan Due Date: Jul 21, 2028



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,896 ft²
$69/ft²
$129,900 Jan 20, 2015
$129,900 Apr 30, 2015
-
House
3 Beds
1 Bath
1,290 ft²
$97/ft²
$125,000 May 29, 2023
-
-
House
5 Beds
1 Bath
2,962 ft²
$39/ft²
$115,000 Feb 20, 2023
-
-

About Penns Grove


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Nearby Rentals



Frequently Asked Questions

When was property at 40 Penn Street built and last sold?
The property at 40 Penn Street was built in 1955 and last sold on Aug 1, 2023 for $123,000.
How much is this home worth?
The estimated value of the home located at 40 Penn Street is $144,175.
What are some comparable homes to 40 Penn Street?
Homes that are comparable to 40 Penn Street include a house property at 89 Penn Street, 69 North Broad Street, 33 Delaware Avenue.

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