12
Map
$375,000
●
House -
For Sale
64 WALNUT STREET
PENNS GROVE, NJ 08069
3 Beds
1 Bath
984 Ft²
$2,103
Est. Monthly
About This Property
Investor Alert! This corner property offers two houses on
the one lot, under one tax obligation. The buyer can
live in the 3 bedroom, 1 bath house which will be totally finished
with approvals at time of sale, and for income purposes rent out
the one bedroom house. The main house offers all new
interior remodeling and upgrading ready to move in while the
smaller house needs to be finished! This is an opportunity at
income producing properties with one tax bill. Take a look,
schedule an appointment. Low Taxes!
Unit Size
984 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$381
Property Type
House
Property Taxes
$261
HOA Dues
-
Year Built
1960
Listed By
JOSEPH BURKE JR.
EMPOWER REAL ESTATE LLC
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (Bright MLS #NJSA2019638)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2026 | Listed by American Dream Realty of South Jersey | $375,000 | |
| Listed by American Dream Realty of South Jersey | |||
Property Highlights
Air Conditioning
Interior Details
Full Bathrooms: 1
Exterior Details
Square Footage: 984
Square Footage Source: $0
Architectural Style: Ranch/Rambler
Year Built Source: Assessor
Year Built: 1940
Levels: 1
Other Structures: Above Grade, Below Grade
Construction Materials: Block, Vinyl Siding, Mixed
Lot Size Area: 14026
Lot Size Units: Square Feet
Lot Size Acres: 0.32
Lot Size Square Feet: 14026
Lot Size Dimensions: 127.50 x 110.00
Tax Lot: 00008
Water Source: Public
Financial Details
Tax Assessed Value: $55,400
Tax Annual Amount: $3,129
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Penns Grove
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Listed by: Joseph E. Venello Jr.
American Dream Realty of South Jersey
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# NJSA2019638
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American Dream Realty of South Jersey
Last Updated: 1 hours ago
Data Source: Bright MLS , MLS# NJSA2019638
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Phone: 425-283-2930
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