39-41 Cumberland Ave
Listing Notes
A prime piece of real estate, perfect for the investor or the excited home owner looking to build in an area starving for further development. Once a thriving residential area just off the main road through Penns Grove, this property now offers the buyer the ability to build, with public water and public sewer and access to all utilities. Penns Grove as a town offers exceptionally low property taxes with great municipal services where the ability to invest in the future of this quaint community starts with home ownership and also offers opportunities for the smart investor to build a significant portfolio. Take a look at the area and imagine it as wholeheartedly welcoming development. Located just off US Route 130 (Virginia Avenue), within close proximity to all major highways and byways, shopping, schools and churches for all to experience. A place of charm and uniqueness. For the savvy investor, a bundling of properties is also offered and available, some contiguous properties ands others with opportunities similar to that offered herein. An Investor Alert !! 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 price.
Comps
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Mortgage Calculator
Excludes property tax, insurance, and hoa / fees — not in this listing, so the true monthly cost is higher.
- Due at close
- $26,250
- Loan amount
- $52,500
- Loan to value
- 70%
- Principal & interestLoan scenario$503
- Property taxNot in listing dataNot provided
- InsuranceNot in listing dataNot provided
- HOA / feesNot in listing dataNot provided
- Mortgage insuranceLoan scenario$0
Land financing is not a standard home mortgage. Loan terms are editable; carrying costs are only filled from source data.
Only the listing price is sourced for this property. Missing tax, insurance, and HOA/maintenance costs are not guessed.
Where it is
For sale Coming soon Recently sold— zoom out for more