This fully renovated duplex offers an excellent cash flow opportunity! Each unit has been thoughtfully updated with modern features, and major renovations were completed in 2019, including: Brand-new kitchens and bathrooms New flooring throughout Updated electrical wiring with new electric panels New plumbing with hot water heaters New HVAC systems New roof installed in 2019 Unit 120 rents for $1,250/month soon to be increased to $1,375 (HUD Tenant) Unit 122 rents for $1,300/month This low-maintenance property is ideal for investors or house hackers, with both units generating strong rental income. Don't miss out on this turn-key investment!
Penns Grove is located in New Jersey. Penns Grove, New Jersey has a population of 4,917. Penns Grove is less family-centric than the surrounding county with 23.96% of the households containing married families with children. The county average for households married with children is 26.93%.
The median household income in Penns Grove, New Jersey is $37,188. The median household income for the surrounding county is $63,934 compared to the national median of $57,652. The median age of people living in Penns Grove is 32.1 years.
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 25.2 degrees. The average rainfall is approximately 45 inches per year, with 14.6 inches of snow per year.
