$55,000
Price
5,610 / 0.13
Lot Size / Acres

Description

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...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.
  1. Listed by Joseph E. Venello Jr. • American Dream Realty of South Jersey
    P: (856)-299-6444 jevenello@yahoo.com
  2. Listed by Deborah Giorgianni • American Dream Realty of South Jersey
    P: (856)-466-0629 dgiorgianni@adrsj.com

Property Details for 55 Walnut Street

Tax ID Number
08-00073-00001
Ownership
Fee Simple
HOA
No
Waterfront
No
Garage
No
Municipality
PENNS GROVE BORO
Central Air
No
Construction Completed
No
LISTING UPDATED: 09/05/2025 01:58 PM

Property Details for 55 Walnut Street

StatusActive
MLS #NJSA2013680
Days on Market339
Taxes$682 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Fee Simple
Year Built-
Lot Size0.13 AC
CountySalem County

Location

Listing Courtesy of American Dream Realty of South Jersey
Add your commute

Building Information for 55 Walnut Street

Lot Size0.13 AC

Payment Calculator

$329 per month

30 year fixed, 6.28% Interest

Principal and Interest

$272

Property Taxes

$57

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 55 Walnut Street

Location
Location
  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District County ID: 300200397143
  • SchoolDistrictSource: Listing Agent
  • County: SALEM
  • MLS Area: Penns Grove Boro (21708)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $12,300
  • Year Assessed: 2024
  • County Tax: $0
  • Improvement Assessed Value: $0
  • City Town Tax: $0
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RES
  • Tax Lot: 00001
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lot / Land Information
Farm Information
  • Farm Land Preservation Y/N: No
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 51.00 x 110.00
  • Lot Dimensions Source: Assessor
  • Current Use: Vacant
  • Parcel ID: 2200330
  • Additional Parcels: Yes
Utilities
Utilities
  • Water Source: Public Hook-up Available
  • Sewer Septic: Public Hook/Up Avail

Property History for 55 Walnut Street

DateEvent & SourcePriceAppreciation
Jul 24, 2025

Price Change

BRIGHT #NJSA2013680

$55,000
Jan 27, 2025

Listed (Active)

BRIGHT #NJSA2013680

$45,000
Apr 16, 2024

Expired

BRIGHT #NJSA2009224

Oct 25, 2023

Listed (Active)

BRIGHT #NJSA2009224

$90,000
DateEvent & SourcePrice
07/24/2025

Price Change

BRIGHT #NJSA2013680

$55,000
01/27/2025

Listed (Active)

BRIGHT #NJSA2013680

$45,000
04/16/2024

Expired

BRIGHT #NJSA2009224

10/25/2023

Listed (Active)

BRIGHT #NJSA2009224

$90,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 55 Walnut Street

This home is within Penns Grove-Carneys Point Regional School District.
Rating
School
Type
Grades
Distance
Public - 1 to 3
Public - 4 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Field Street Elementary School
Public1 to 3

Paul W. Carleton Elementary School
Public4 to 5

Penns Grove Middle School
Public6 to 8

Penns Grove High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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55 Walnut Street is a 0.13 ac of land for sale in Penns Grove, NJ 08069. This property was listed for sale on January 27, 2025 by American Dream Realty of South Jersey, it's currently listed at $55,000. This listing's school district is Penns Grove-Carneys Point Regional School District. Nearby schools include Field Street Elementary School, Paul W. Carleton Elementary School and Penns Grove Middle School. 55 Walnut Street is a 0-bed, 0-bath, 0.13 ac of land on a 5,610 sq. ft. / 0.13 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of American Dream Realty of South Jersey

Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.