Back 12 Iona Avenue
Off Market

12 Iona Avenue

Penns Grove NJ 08069

5662.8 sq. ft.
Land
Last sold for $10,000
Patricia GessweinPatricia Gesswein, last sold this property on 17 September 2026 after 85 days on market.

Overview

Lot For Sale – 12 Iona Ave, Penns Grove, NJ Opportunity to build on a residential lot in an established neighborhood of Penns Grove. This lot offers approximately 50 feet of frontage and 110 feet of depth. A major advantage is that a house previously existed on the property, meaning utilities were previously connected to the site. While buyers should perform their own due diligence with the township and utility providers, this may help simplify the development process compared to a raw vacant parcel. Property Highlights: ✅ Approx. 50' x 110' lot dimensions ✅ Residential zoning ✅ Previously improved with a home ✅ Utilities previously ran to the property ✅ Established neighborhood with existing homes ✅ Convenient access to local shopping, schools, and major roadways Buyer responsible for all due diligence, permits, approvals, utility verification, and zoning requirements.

Features

5662.8 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 12 Iona Avenue is $35k.

Median value
$35k
Estimated value range
$10k - $395k
Median days on market
106
Estimated value trend
27%
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 12 Iona Avenue

2026
Sold
$10,000
17 Sep 2026 by Patricia Gesswein, of Houwzer LLC-Haddonfield

Happy sellers in Penns Grove

89%
89% 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 7 reviews in Penns Grove over the last 12 months.

Local market activity for land plots in Penns Grove

In the last 12 months, 8 land plots similar to 12 Iona Avenue, have been sold.

This represents a 28% decrease in land plots sales when compared to the previous 12 months.

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