M
Seller's Agent in 2021
Matt Donnelly
Century 21 Alliance - Mantua
(856) 468-7800
1 in this area
34 Total Sales
102 Pitman Ave Pitman, NJ 08071
Estimated Value: $364,000 - $503,000
--
Bed
--
Bath
3,342
Sq Ft
$127/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Ramp on the main level
- Forced Air Heating and Cooling System
- No HOA
- Halls are 36 inches wide or more
- 4-minute walk to Ballard Park
About This Home
As of February 2021Variance approved! This property is really impressive and well maintained on a prominent corner in downtown Pitman... it has been a cornerstone of the community for over 60 years. Take special note of the unique features like covered wrap around porch, original stained glass and custom woodwork not to mention the modern amenities like the ramp access and central air conditioning! The building itself has a two-bedroom apartment on the top two floors (last rented for $1610/mo) and a 1055 square-foot dentist office on the first floor. Approved zoning allows for continued use as dentist office or the office to be converted to residence for a two-family duplex. Pics of the apartment are from 2018 before last tenant moved in.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,147
Year Built
- Built in 1900
Lot Details
- 6,316 Sq Ft Lot
Parking
- Driveway
Home Design
- 3,342 Sq Ft Home
- Duplex
- Colonial Architecture
- Frame Construction
Unfinished Basement
- Partial Basement
- Walk-Up Access
- Drainage System
Accessible Home Design
- Halls are 36 inches wide or more
- Doors are 32 inches wide or more
- Ramp on the main level
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
- Municipal Trash
Community Details
- No Home Owners Association
- 2 Units
Listing and Financial Details
- Tax Lot 00008
- Assessor Parcel Number 15-00078-00008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2020
Closed on
Feb 12, 2021
Sold by
102 Pitman Avenue Llc
Bought by
102 Pitman Ave Hs Llc
Seller's Agent
Matt Donnelly
Century 21 Alliance - Mantua
Buyer's Agent
Glenn Petsch
Real Broker, LLC
List Price
$225,000
Sold Price
$217,347
Premium/Discount to List
-$7,653
-3.4%
Total Days on Market
255
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,640
Avg. Annual Appreciation
17.20%
Original Mortgage
$196,000
Interest Rate
3.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 8, 2017
Sold by
Mcdermott John R
Bought by
102 Pitman Avenue Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.19%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 16, 2000
Sold by
Mcdermott Dale Lynn
Bought by
Mcdermott John R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 102 Pitman Ave Hs Llc | $217,347 | National Title Agency | |
| 102 Pitman Avenue Llc | $200,000 | None Available | |
| Mcdermott John R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 102 Pitman Ave Hs Llc | $196,000 | |
| Previous Owner | 102 Pitman Avenue Llc | $160,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/15/2021 02/15/21 | Sold | $217,347 | -3.4% | $65 / Sq Ft |
| 12/19/2020 12/19/20 | Pending | -- | -- | -- |
| 11/25/2020 11/25/20 | For Sale | $225,000 | 0.0% | $67 / Sq Ft |
| 10/08/2020 10/08/20 | Pending | -- | -- | -- |
| 08/04/2020 08/04/20 | Price Changed | $225,000 | -18.2% | $67 / Sq Ft |
| 06/04/2020 06/04/20 | Price Changed | $275,000 | -6.8% | $82 / Sq Ft |
| 05/12/2020 05/12/20 | Price Changed | $295,000 | -1.7% | $88 / Sq Ft |
| 04/08/2020 04/08/20 | For Sale | $300,000 | -- | $90 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $8,955 | $263,300 | $63,800 | $199,500 |
| 2023 | $8,955 | $263,300 | $63,800 | $199,500 |
| 2022 | $7,200 | $220,400 | $63,800 | $156,600 |
| 2021 | $6,295 | $142,100 | $57,200 | $84,900 |
| 2020 | $6,295 | $142,100 | $57,200 | $84,900 |
| 2019 | $6,147 | $142,100 | $57,200 | $84,900 |
| 2018 | $6,044 | $142,100 | $57,200 | $84,900 |
| 2017 | $5,968 | $142,100 | $57,200 | $84,900 |
| 2016 | $5,853 | $142,100 | $57,200 | $84,900 |
| 2015 | $5,695 | $142,100 | $57,200 | $84,900 |
| 2014 | $5,521 | $142,100 | $57,200 | $84,900 |
Source: Public Records
Agents Affiliated with this Home
-
Matt Donnelly
-
Glenn Petsch
G
Buyer's Agent in 2021
Glenn Petsch
Real Broker, LLC
(609) 471-9779
1 in this area
35 Total Sales
Map
Similar Homes in Pitman, NJ
Source: Bright MLS
MLS Number: NJGL257140
APN: 15-00078-0000-00008
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