122 Penn St, Penns Grove, NJ, 08069

About This Home

Get ready to be SURPRISED! This sturdy home is far larger than it looks ---with a large eat - in kitchen, a real dining room and living room ---and at least FIVE BEDS! Step onto the WELCOMING front porch and you’ll immediately feel at home—this charming 1930s Colonial blends TIMELESS character with modern updates. Inside, you’ll find spacious rooms, beautiful molding, and high ceilings that showcase the home’s solid craftsmanship . Recent improvements include a newer gas furnace (forced hot air for easy A/C addition), hot water heater, and a brand-new second roof installed in 2024. The nicely remodeled kitchen offers plenty of cabinet and workspace, while the first floor features durable vinyl LAMINATE flooring, a full bath, ceiling fans, and updated VINYL-CLAD windows throughout. All SIX NEWER Samsung appliances, including the washer and dryer, are included. Upstairs offers exciting potential with a large open area, two bedrooms, and a half bath —ideal for a future primary suite or flexible space. The BASEMENT offers plenty of storage too. It houses the laundry, with approximately six-foot ceilings; the floor is constructed of brick and could be dug out for additional height if you’re looking to expand. Out back, enjoy a FLAT YARD with a sturdy 12x8 RUBBERMAID shed (included). A major bonus is the separately DEEDED ADJACENT LOT that conveys with the property, offering endless possibilities such as a garage, pool, garden, or building a potential additional home with a variance. This home is CONVENIENTLY located near RIVERVIEW PARK, the Delaware River Bridge, and Route 295, with easy access to local eateries, shopping, and everyday activities. You’re also within reach of the vibrant city life of Philadelphia, the beaches of the Jersey Shore, and tax-free shopping in Delaware. Taxes for both the lot and home are under $6,000! A current flood insurance quote is available and is very affordable—comparable to typical homeowners insurance—and the long-term tenant reports the home has never flooded. With its blend of CLASSIC CHARM , valuable UPDATES , prime location, and rare BONUS land, and FRESHLY PAINTED interior and exterior --this is a standout opportunity you don’t want to miss. LOW taxes, LOW maintenance, LOTS of updates including a NEWER second layer on the roof and NEWER windows, gas furnace & hot water heater, LOTS of land, MANY beds and baths---BETTER HURRY! The time to buy is now while interest rates are reasonable. See if you qualify for USDA or the $10K First Home Buyer's Grant! Just unpack and move in. This one is a MUST SEE.