Buyers responsible to do their Due Diligence. Buyers to verify with township any/all permits, approvals, requirements ect. Location! Location! Location! Prime Commercial Vacant Wooded Lot at a Highly Traveled Multi Highway Interchange- of Route 295 NJTP Delaware Memorial Bridge Route 40 This lot presents a rare chance to capitalize on a highly sought after location with immense potential for growth and profitability. Located at a multi highway interchange , this property offers unparalleled exposure and accessibility to a vast audience of commuters, travelers and potential customers. Whether you're a seasoned developer seeking your next landmark or an investor looking to diversify your portfolio, this opportunity offers the perfect canvas for success.
Property Details
Property Features
Listing Office:
Office Name: Better Homes and Gardens Real Estate Maturo
Office Phone: (856) 696-2255
Listing Agent: Sharon Beth Cassaday
Lot Features
Lot Information:
Lot Size: 4.69 Acres
Other
Directions Information:
Directions: From Delaware- NJTP north- Route 40 exit. Just past light on left before Motel. From Woodstown- Last lot on left before light at Hawks Bridge rd.
Municipality:
Carneys Point Twp
Price Information
Listing Price Info
Price Summary:
List Price: $150,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Penns Grove, NJ.
This property is $65K less than the Median Sold Price in Penns Grove, NJ.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: BRIGHT
MLS Number: #NJSA2010996
Listing Office:
Office Name: Better Homes and Gardens Real Estate Maturo
Office Phone: (856) 696-2255
Listing Agent: Sharon Beth Cassaday
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$816
Per Month
Principal & Interest
$749
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$516
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Central Park Elementary School
43 Oliver Ave
Distance between this listing and this school2.19 miles
Public District Grades 2-3
1
/10
P. W. Carleton School
251 E Maple Ave
Distance between this listing and this school2.80 miles
Public District Grades 4-5
3
/10
Field Street School
144 Field St
Distance between this listing and this school3.53 miles
Public District Grades 1-3
Nearby Schools
1
/10
Penns Grove Middle School
351 E Maple Ave
Distance between this listing and this school2.76 miles
Public District Grades 6-8
4
/10
Pennsville Middle School
4 William Penn Ave
Distance between this listing and this school3.19 miles
Public District Grades 6-8
3
/10
Charter School of New Castle
170 Lukens Dr
Distance between this listing and this school3.86 miles
Public Charter Grades KG-8
Nearby Schools
2
/10
Penns Grove High School
334 Harding Hwy
Distance between this listing and this school2.67 miles
Public District Grades 9-12
3
/10
Pennsville Memorial High School
110 S Broadway
Distance between this listing and this school3.17 miles
Public District Grades 9-12
3
/10
Howard High School of Technology
401 E 12th St
Distance between this listing and this school5.83 miles
The neighbors living near this home have an average income of $68,484. The most common annual income of people living in Penns Grove, NJ is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 370 Rte 40
What is the listing price of this property?
The listing price of 370 Rte 40 property is $150,000.
What type of property is this?
The property 370 Rte 40 is land located in Penns Grove, New Jersey, 08069.
Is this property for sale now?
Active Listing: 370 Rte 40 is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 370 Rte 40 in Penns Grove, NJ and zip code 08069. This home sits on a 4.69 acre lot. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $150,000.
In November 2024, from all listings sold in Penns Grove, NJ there were more than 4 sold above asking price, over 8 sold below and more than 2 were sold right at the asked price. In November 2024 in Penns Grove, NJ there were 5.4% less homes for sale than in October 2024. In November 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $215,000.
From Rocket Homes Real Estate and based on county public records data.
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. 
Figure Skating
Figure Skating
NASCAR
College Football
Kmart
Dollar General
Best Buy
Bob Evans
Cracker Barrel
Texas Roadhouse
Buick
Ram
GMC
Oldies
Classic Country
Contemporary Christian