Back 1045 Route 40
Off Market

1045 Route 40

Penns Grove NJ 08069

436036 sq. ft.
Land
Last sold for $135,000
Diane TownsendDiane Townsend, last sold this property on 15 December 2025 after 282 days on market.

Overview

SUPER PRICE IMPROVEMENT! Don't pass this one up. Discover the perfect blend of privacy and convenience of this 8.01 acres wooded lot, ideally situated near major roads, bridges and highways for easy access. Zoned RR-1, this expansive property offers endless possibilities for building your dream home or investment project. Enjoy the tranquility of nature while staying close to all the amenities you would need. Don't miss this rare opportunity to own a prime piece of land in a highly accessible location!

Features

436036 sq. ft. lot size
Land

Estimated Value

Based on this property and similar land plots sold in Penns Grove over the last 12 months, the estimated median property value of 1045 Route 40 is $40k.

Median value
$40k
Estimated value range
$19.5k - $5.72m
Median days on market
130
Estimated value trend
60%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Penns Grove. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1045 Route 40

2025
Sold
$135,000
15 Dec 2025 by Diane Townsend, of Tealestate LLC
2021
Sold
$23,000
06 Jan 2021 by Daniel Mauz, of Keller Williams Realty - Washington Township

Happy sellers in Penns Grove

94%
94% of sellers in Penns Grove reported that their sale price either exceeded or met their price expectations.

Penns Grove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Penns Grove over the last 12 months.

Local market activity for land plots in Penns Grove

In the last 12 months, 10 land plots similar to 1045 Route 40, have been sold.

This represents a 120% decrease in land plots sales when compared to the previous 12 months.

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