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; 55-57 Walnut Street offers ample space to meet all needs. Public water and sewer available. The area supports most any venture with access to all utilities. Thinking bigger, a bundle of additional available properties is available encompassing connecting properties on Walnut Street and Cumberland Avenue, for development or elsewhere in the borough. 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.
Lot/land
$55,000
55 Walnut St, Penns Grove, NJ 08069
--beds
--baths
5,610Square Feet
Unimproved Land
Built in ----
5,610 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Ample spaceAccess to all utilities
- 437 days |
- 33 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: January 06, 2026 at 07:06am
Listed by:
Joe Venello 856-299-6444,
American Dream Realty of South Jersey,
Co-Listing Agent: Deborah Giorgianni 856-466-0629,
American Dream Realty of South Jersey
Source: Bright MLS,MLS#: NJSA2013680
Facts & features
Property
Lot
- Size: 5,610 Square Feet
- Dimensions: 51.00 x 110.00
Details
- Has additional parcels: Yes
- Parcel number: 080007300001
- Zoning: RES
- Special conditions: Standard
Utilities & green energy
- Sewer: Public Hook/Up Avail
- Water: Public Hook-up Available
Community & HOA
HOA
- Has HOA: No
Location
- Region: Penns Grove
- Municipality: PENNS GROVE BORO
Financial & listing details
- Tax assessed value: $12,300
- Annual tax amount: $682
- Date on market: 1/31/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2025 | Price change | $55,000+22.2% |
Source:  Bright MLS #NJSA2013680 Report a problem | ||
| 1/31/2025 | Listed for sale | $45,000-50% |
Source: Bright MLS #NJSA2013680 Report a problem | ||
| 4/17/2024 | Listing removed | -- |
Source: Bright MLS #NJSA2009224 Report a problem | ||
| 10/25/2023 | Listed for sale | $90,000 |
Source: Bright MLS #NJSA2009224 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 08069
Nearby schools
GreatSchools rating
- 1/10Paul W. Carleton Elementary SchoolGrades: 4-5Distance: 0.5 mi
- 3/10Penns Grove Middle SchoolGrades: 6-8Distance: 0.5 mi
- 4/10Penns Grove High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: Penns Grove-carneys Point Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 08069
- New Jersey
- Salem County
- Penns Grove
- 08069
- 55 Walnut St
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