Why Penns Grove, NJ?
Penns Grove has the most affordable homes in all of New Jersey — a Delaware River borough with a $160K median that is appreciating at 10.4% annually, the fastest in Salem County. The compact, walkable borough has a historic Main Street and DuPont industrial heritage. At $160K, a single family home costs less than a parking spot in Hoboken. The 10.4% appreciation shows this floor is rising fast.
Penns Grove Real Estate Market in 2026
Penns Grove homes sell in 22 days at a $160K median — the absolute floor of the NJ market. Older homes, multi family, and some with renovation potential. Strong investor interest. Highest appreciation in the county.
Best Neighborhoods in Penns Grove
2 distinct neighborhoods, each with its own character and price range
Main Street Area
$125,000 to $225,000Walkable downtown with historic homes. Compact lots. Village character.
River Area
$140,000 to $200,000Near the Delaware River. Older homes.
Commuting from Penns Grove to NYC
Source: NJ Transit schedules, June 2026. Peak hour commute times.
Walkability and Livability in Penns Grove
How easy is it to live car-free or car-light in Penns Grove?
Penns Grove Schools and Ratings
Penns Grove-Carneys Point Regional Schools.
Source: NCES CCD 2023 to 2024, NJDOE NJSLA 2024 to 2025
Penns Grove Middle School
Paul W Carleton
Penns Grove vs Neighboring Towns: Cost Comparison
| City | Median Price | Tax Rate | Annual Tax | NYC Commute |
|---|---|---|---|---|
| Penns Grove | $160,000 | 3.45% | $2,890 | 38 min |
| Salem | $180,000 | 3.23% | $3,234 | 45 min |
| Carneys Point | $250,000 | 2.45% | $4,890 | 35 min |
Where to Eat in Penns Grove
Main Street
Local restaurants and shops.
Parks and Recreation in Penns Grove
Delaware River
River access and views.
New Development and Growth in Penns Grove
History of Penns Grove, NJ
Incorporated in 1894. Named after William Penn.
DuPont Company operations employed thousands of Penns Grove residents for decades.
Penns Grove was a thriving industrial town in the early 1900s.
Safety in Penns Grove
Penns Grove has a higher crime rate than rural Salem County. Police presence is active.
Notable Residents
Annual Events and Festivals
Frequently Asked Questions About Penns Grove, NJ
What is the median home price in Penns Grove, NJ?
The median home price is $160,000 as of 2026, with 10.4% year-over-year appreciation. Average $105/sqft, selling in 22 days.
How long is the commute from Penns Grove to NYC?
38 minutes via NJ Transit from on the Drive to Delaware Memorial Bridge. Transfer required.
What are property taxes in Penns Grove, NJ?
Tax rate is 3.45%. Average homeowner pays $2,890/year. At the median price of $160,000, expect about $5,520/year.
What are the best neighborhoods in Penns Grove?
Main Street Area ($125,000 to $225,000). River Area ($140,000 to $200,000). See the full guide above for all 2 neighborhoods.
Is Penns Grove safe?
Penns Grove has a higher crime rate than rural Salem County. Police presence is active.
How walkable is Penns Grove, NJ?
Walk Score of 52, rated "Somewhat Walkable." Median income $38,000, median age 34.8. 58% renter-occupied.
Ready to Find Your Home in Penns Grove?
Talk to a Premier Homes agent who knows Penns Grove inside and out. We have been serving this community for over 30 years.