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Penns Grove 08069
59-61 WALNUT STREET
$44,900
↓ $100K (69%)
● Land - For Sale

59-61 WALNUT STREET

PENNS GROVE, NJ 08069
bedrooms
Studio
bathrooms
0 Bath
$266
Est. Monthly
12.49%
Cap Rate

About This Property

Here is your opportunity to get several lots bundled together for a great price. The possibilites are endless. Ready to build?  This sale includes the following parcels: Blk 73-lots 1, 20,19 Blk 73-lot 2 Blk 73 lots 4,5,6,7,8
Make the choice to build
single family or utilize the adjoining lots and build multiple residential structures or think commercial. The
area supports most any venture with access to all utilities. This area is starving for development. FOR THE
DEVELOPER, there are adjoining properties on Walnut and also connecting properties on the intersecting
street of Cumberland Avenue and Lincoln adding to the possibilities for this area, located centrally in Historic PennsGrove, blocks from the Delaware River waterfront, Interstate 295, US Route 130, Delaware Memorial Bridge and the NJ Turnpike, 40 minutes to Philadelphia are within close proximity to this property.
Buyer to do their own due diligence. Being sold strictly as is.

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 package price.
Unit Size
-
Days on Market
675 days
Land Size
0.06 acres
Price per sqft
-
Property Type
Land
Property Taxes
$45
HOA Dues
-
Year Built
-

Listed By

JOSEPH BURKE JR.
EMPOWER REAL ESTATE LLC
Deborah Giorgianni
American Dream Realty of South Jersey

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Cap Rate Calculator

Last updated: 2 months ago (Bright MLS #NJSA2013292)

Price History

Date / Event Date Event Price
Sep 10, 2026 Price Decreased $44,900
↓ $100K (69%)
Price Decreased
Nov 3, 2025 Price Decreased $145,000
↓ $50K (25.6%)
Price Decreased
Jul 26, 2025 Price Increased $195,000
↑ $10K (5.4%)
Price Increased
Dec 26, 2024 Listed $185,000
Listed
Here is your opportunity to get several lots bundled together for a great price. The possibilites are endless. Ready to build? This sale includes the following parcels: Blk 73-lots 1, 20,19 Blk 73-lot 2 Blk 73 lots 4,5,6,7,8 Make the choice to build single family or utilize the adjoining lots and build multiple residential structures or think commercial. The area supports most any venture with access to all utilities. This area is starving for development. FOR THE DEVELOPER, there are adjoining properties on Walnut and also connecting properties on the intersecting street of Cumberland Avenue and Lincoln adding to the possibilities for this area, located centrally in Historic PennsGrove, blocks from the Delaware River waterfront, Interstate 295, US Route 130, Delaware Memorial Bridge and the NJ Turnpike, 40 minutes to Philadelphia are within close proximity to this property. Buyer to do their own due diligence. Being sold strictly as is. 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 package price.

Property Highlights

Exterior Details
Lot Size Area: 2805
Lot Size Units: Square Feet
Lot Size Acres: 0.06
Lot Size Square Feet: 2805
Lot Size Dimensions: 25.50 x 110.00
Tax Lot: 00020
Water Source: Public Hook-up Available
Financial Details
Tax Assessed Value: $9,700
Tax Annual Amount: $537
Utilities Details
Sewer : Public Hook/Up Avail

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,805
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 255
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000064
  • Standard Land Use Code: 8000
  • County Land Use Code: 1
  • Legal Description 1: FACILITY NAME: VACANT LAND

Neighborhood

  • School District Name: Penns Grove-Carneys Point Regional School District
  • Census Tract: 020300

Geography

  • Assessors Map Reference: TAX MAP 17
  • District: 08
  • Parcel: 08 00073-0000-00020
  • Block: 73
  • Lot: 20
  • Municipality: PENNS GROVE BORO
  • Latitude: 39.7258
  • Longitude: -75.467

    Address

  • Full Address: 59 Walnut St
  • Address - House Number: 59
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: NJ
  • City Name: Penns Grove
  • Carrier Code: C004
  • 4-Digit Zip Code: 1743
  • Zip Code: 08069

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $50,120

    Market Valuation

  • Market Total Value: $9,700
  • Market Land Value: $9,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,700
  • Assessed Land Value: $9,700

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Jul 18, 2023
  • Current Sale Price:
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 6225
  • Previous Sale Recording Date: Jul 21, 2020
  • Previous Sale Contract Date: Jul 20, 2020
  • Previous Sale Amount: $1,625
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Penns Grove


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Nearby Rentals

Unit for rent at 234a N Virginia Avenue, CARNEYS POINT, NJ, 08069

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,992 ft²
234a N Virginia Avenue #1STFLOOR, CARNEYS POINT, NJ, 08069 Listing by KIMBERLY MURRAY


Frequently Asked Questions

When was property at 59 Walnut Street built and last sold?
The property at 59 Walnut Street was built in and last sold on Jul 17, 2023 for $1,650.
How much is this home worth?
The estimated value of the home located at 59 Walnut Street is $45,349.
What are some comparable homes to 59 Walnut Street?
There are currently no comparable homes to 59 Walnut Street.