NOT LISTED FOR SALE

102 Montgomery Ave Pitman, NJ 08071

Estimated Value: $218,000 - $335,000

-- Bed
-- Bath
1,520 Sq Ft
$196/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $185,000 $122 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $2,096/month

24 Days on Market

About This Home

As of June 2023

Detached 2 unit duplex near the heart of town. Downstrs unit has LR, eat in kitchen, laundry, 2 bdrms and full bath with inside access to basmnt. Upstrs unit has foyer area with washer/dryer hookup, LR, Kitchen, bdrm, full bath and a 2nd floor with 2 bdrms. Upstrs has basmnt area with entry from outside. These units are all electric-tenant pays all utilities. Electric has been updated. There is still the opportunity to heat by oil if new owner would prefer. Roof is 10yrs old. All existing appliances stay-conveyed as is with no monetary value given. Both tenants are on month to month and have been long time occupants apx 8-10 yrs. Their rent is reflective of their time there and are not at todays rate. The potential to raise the rent is there to make this a great income making opportunity. Pitman has many draws for occupants with its bustling downtown area with stores, restaurants and entertainment
Selling AS IS

Last Agent to Sell the Property

Anna Cable

(609) 706-2793 acable08@gmail.com Weichert Realtors-Medford Listed on: 05/09/2023

Weichert Realtors-Medford

Last Buyer's Agent

Brandon Hedenberg

(856) 397-5744 brandon.hedenberg@foxroach.com Hedenberg Real Estate Company LLC License #1752988

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,912

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Property is in average condition

Home Design

  • 1,520 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Permanent Foundation
  • Frame Construction
  • Asbestos Shingle Roof

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 00004
  • Assessor Parcel Number 15-00112-00004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,912

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Exclusions: tenants possessions
  • Inclusions: existing appliances conveyed as is with no monetary value
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Remarks Public: Detached 2 unit duplex near the heart of town. Downstrs unit has LR, eat in kitchen, laundry, 2 bdrms and full bath with inside access to basmnt. Upstrs unit has foyer area with washer/dryer hookup, LR, Kitchen, bdrm, full bath and a 2nd floor with 2 bdrms. Upstrs has basmnt area with entry from outside. These units are all electric-tenant pays all utilities. Electric has been updated. There is still the opportunity to heat by oil if new owner would prefer. Roof is 10yrs old. All existing appliances stay-conveyed as is with no monetary value given. Both tenants are on month to month and have been long time occupants apx 8-10 yrs. Their rent is reflective of their time there and are not at todays rate. The potential to raise the rent is there to make this a great income making opportunity. Pitman has many draws for occupants with its bustling downtown area with stores, restaurants and entertainment Selling AS IS
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Permanent
  • Room Count: 11
  • Total Sq Ft: 1520
  • Living Area Sq Ft: 1520
  • Price Per Sq Ft: 138.16
  • Above Grade Finished Sq Ft: 1520
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 102

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Asbestos Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: PITMAN BORO PUBLIC SCHOOLS
  • School District Key: 300200396141
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.22
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9583.00
  • Property Condition: Average
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7912.00
  • Assessor Parcel Number: 15-00112-00004
  • Tax Lot: 00004
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/29/2023

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2023
Closed on
Jun 28, 2023
Sold by
Disario Marco
Bought by
Hmrei Llc
Seller's Agent
Anna Cable
Weichert Realtors-Medford
Buyer's Agent
Brandon Hedenberg
Hedenberg Real Estate Company LLC
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%
Views
284
Current Estimated Value
$298,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,430
Avg. Annual Appreciation
23.56%
Original Mortgage
$221,200
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2003
Sold by
Disario Michael and Disario Marco
Bought by
Disario Marco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,700
Interest Rate
5.9%

Purchase Details

Closed on
Apr 20, 1999
Sold by
Dear Edward C and Dear Mary E
Bought by
Disario Marco and Disario Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
6.95%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hmrei Llc $185,000 None Listed On Document
Disario Marco -- Regional Title Agency Llc
Disario Marco $82,000 Amalgamated Title Abstract C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hmrei Llc $221,200
Previous Owner Disario Marco $70,700
Previous Owner Disario Marco $73,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $185,000 -11.9% $122 / Sq Ft
06/02/2023 06/02/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $210,000 -- $138 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,165 $184,100 $41,400 $142,700
2024 $6,003 $176,500 $41,400 $135,100
2023 $6,003 $176,500 $41,400 $135,100
2022 $5,766 $176,500 $41,400 $135,100
2021 $6,164 $137,500 $30,200 $107,300
2020 $6,091 $137,500 $30,200 $107,300
2019 $5,948 $137,500 $30,200 $107,300
2018 $5,848 $137,500 $30,200 $107,300
2017 $5,775 $137,500 $30,200 $107,300
2016 $5,664 $137,500 $30,200 $107,300
2015 $5,511 $137,500 $30,200 $107,300
2014 $5,342 $137,500 $30,200 $107,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2029186

Bright MLS

APN: 15-00112-0000-00004