NOT LISTED FOR SALE

102 Pitman Ave Pitman, NJ 08071

Pitman Area

Estimated Value: $442,580

Studio
-- Baths
3,342 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: February 15, 2021

Last sale price $217,347 $65 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,307 / mo

255 Days on Market

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 2021

Variance 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.

Last Agent to Sell the Property

Matt Donnelly

(856) 468-7800 jitkamccabe@gmail.com Century 21 Alliance - Mantua License #564122 Listed on: 04/08/2020

Century 21 Alliance - Mantua

Last Buyer's Agent

Glenn Petsch

(855) 450-0442 njbroker@onereal.com Real Broker, LLC License #8638666

Real Broker, LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

  • Walk-Out Basement
  • Partial Basement
  • 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
  • Heating System Uses 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,147

Year Built

Built in 1900

Lot Details

6,316 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls, Ramp - Main Level
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2020-04-08
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Drainage System, Partial, Unfinished, Walkout Stairs
  • Total Sq Ft: 3342
  • Living Area Sq Ft: 3342
  • Price Per Sq Ft: 67.32
  • Above Grade Finished Sq Ft: 3342
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 84900.00
  • Land Assessed Value: 57200.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6316.00
  • Zoning: R-3
  • Zoning Description: Property can be used as dentist office down/residence up or just convert office to residence without zoning approval

Rental Info

  • Existing Lease Type: Long Term
  • Rent Control: No
  • Total Actual Rent: 19320.00
  • Units Leased Count: 1
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 2

Tax Info

  • Assessor Parcel Number: 2024644
  • Tax Annual Amount: 6147.00
  • Assessor Parcel Number: 15-00078-00008
  • Tax Lot: 00008
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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%
Current Estimated Value
$442,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,233
Avg. Annual Appreciation
13.49%
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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Pitman, NJ

  • Beata Lagares Real Estate Agent - HomeSmart First Advantage Realty

    Beata Lagares

    HomeSmart First Advantage Realty

    (856) 409-7625

    91 Total Sales

    1 in Pitman

    $129,000 Price

    Beata Lagares
     Section Image
  • John Andrie Real Estate Agent - HomeSmart First Advantage Realty

    John Andrie

    HomeSmart First Advantage Realty

    (856) 281-3873

    66 Total Sales

    1 in Pitman

    $80,000 Price

    John Andrie
     Section Image
  • Donna Wilson Real Estate Agent - Keller Williams Realty Preferred Properties

    Donna Wilson

    Keller Williams Realty Preferred Properties

    (640) 333-8329

    221 Total Sales

    1 in Pitman

    $530,000 Price

    Donna Wilson
     Section Image
  • Cordell Boyd Real Estate Agent - Coldwell Banker Realty

    Cordell Boyd

    Coldwell Banker Realty

    (856) 409-6928

    67 Total Sales

    1 in Pitman

    $365,000 Price

    Cordell Boyd
     Section Image
  • Andrew Ware Real Estate Agent - Real Broker, LLC

    Andrew Ware

    Real Broker, LLC

    (856) 501-5202

    76 Total Sales

    2 in Pitman

    $325K - $475K Price Range

    Andrew Ware
     Section Image
  • Patrick Gorman Real Estate Agent - Keller Williams - Main Street

    Patrick Gorman

    Keller Williams - Main Street

    (856) 528-4483

    593 Total Sales

    1 in Pitman

    $365,000 Price

    Patrick Gorman
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$217,347 Old Republic Title
102 Pitman Avenue Llc $200,000 None Available
Mcdermott John R -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $265,000
Closed -- $196,000
Previous Owner 102 Pitman Avenue Llc $160,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,468 $263,300 $63,800 $199,500
2025 $9,468 $263,300 $63,800 $199,500
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 Real Estate Agent - Century 21 Alliance - Mantua

    Seller's Agent in 2021

    Matt Donnelly

    Century 21 Alliance - Mantua

    (856) 468-7800

    41 Total Sales

    Matt Donnelly
    Section Image

  • GP

    Buyer's Agent in 2021

    Glenn Petsch

    Real Broker, LLC

    (609) 471-9779

    33 Total Sales

    Glenn Petsch
    Section Image
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Map

Source: Bright MLS

MLS Number: NJGL257140

Bright MLS

APN: 15-00078-0000-00008

New Jersey Gloucester County Pitman 08071

102 Pitman Ave, Pitman, NJ

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