$300,000
SOLD APR 14, 2025

1040 N Main St Pitman, NJ 08071

4 Beds
2.5 Baths
2,072 Sq Ft
0.54 Acres

Recently Sold

$145 Per Sq Ft

24% Below List Price

71 Days on Market

Highlights

  • 0.54 Acre Lot
  • Wood Flooring
  • Walk-Up Access
  • Colonial Architecture
  • No HOA
  • Radiator

About This Home

As of April 2025

This classic colonial style home offers a perfect blend of vintage character and modern possibilities. Featuring 4 spacious bedrooms and 2.5 bathrooms, this home is full of potential, just waiting for your cosmetic touch to restore its original splendor.The home boasts a wonderfully updated exterior that enhances its curb appeal. A detached garage provides additional space for storage or parking, complementing the home's large backyard.In addition to its residential charm, this property is conveniently zoned for light commercial use, making it an ideal location for a law firm, real estate office, or other business opportunities. With a prime location and versatile zoning, the possibilities are endless.Don’t miss out on this unique opportunity to own a classic beauty with room to grow and customize to fit your vision.

Last Agent to Sell the Property

Jeff Ryan

HomeSmart First Advantage Realty Listed on: 01/15/2025

HomeSmart First Advantage Realty

Last Buyer's Agent

Kenneth Flannery

EXP Realty, LLC License #0447866

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,244

Year Built

  • Built in 1921

Lot Details

  • 0.54 Acre Lot
  • Property is zoned R1

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,072 Sq Ft Home
  • Property has 2 Levels
  • Wood Flooring

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Walk-Up Access

Parking

  • Driveway
  • On-Street Parking

Utilities

  • Window Unit Cooling System
  • Radiator
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Pitman Hills Subdivision

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 06-00400-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,244

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Exclusions: Carport
  • Inclusions: Dryer, Washer, Refrigerator, Microwave, Oven, New Dishwasher
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2025-01-15
  • Federal Flood Zone: No
  • Year Built: 1921
  • Automatically Close On Close Date: No
  • Remarks Public: This classic colonial style home offers a perfect blend of vintage character and modern possibilities. Featuring 4 spacious bedrooms and 2.5 bathrooms, this home is full of potential, just waiting for your cosmetic touch to restore its original splendor. The home boasts a wonderfully updated exterior that enhances its curb appeal. A detached garage provides additional space for storage or parking, complementing the home's large backyard. In addition to its residential charm, this property is conveniently zoned for light commercial use, making it an ideal location for a law firm, real estate office, or other business opportunities. With a prime location and versatile zoning, the possibilities are endless. Don’t miss out on this unique opportunity to own a classic beauty with room to grow and customize to fit your vision.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dryer, Microwave, Washer, Refrigerator, Dishwasher
  • Flooring Type: Hardwood
  • Fireplace: No
  • Foundation Details: Block
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Partially Finished, Walkout Stairs, Full
  • Total Sq Ft: 2072
  • Living Area Sq Ft: 2072
  • Price Per Sq Ft: 173.75
  • Above Grade Finished Sq Ft: 2072
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1040

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Block, Brick
  • Roof: Architectural 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: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: GLASSBORO PUBLIC SCHOOLS
  • School District Key: 300200397475
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.54
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 23653.00
  • Year Assessed: 2024
  • Zoning: R1

Rental Info

  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 7244.00
  • Assessor Parcel Number: 06-00400-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 2072
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 04/14/2025

MLS Schools

  • School District Name: GLASSBORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2025
Closed on
Apr 10, 2025
Sold by
Richards Ralph J
Bought by
Gulf Coast Real Estate Llc
Seller's Agent
Jeff Ryan
HomeSmart First Advantage Realty
Buyer's Agent
Kenneth Flannery
EXP Realty, LLC
List Price
$395,000
Sold Price
$300,000
Premium/Discount to List
-$95,000
-24.05%
Views
332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
173.04%

Purchase Details

Closed on
Nov 7, 2022
Sold by
Richards Marcia L
Bought by
Richards Ralph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $300,000 Surety Title
Deed $300,000 Surety Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $31,000 Credit Line Revolving
Previous Owner $93,250 New Conventional
Previous Owner $25,000 Unknown
Previous Owner $118,000 Unknown
Previous Owner $38,000 Unknown
Previous Owner $20,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2025 04/14/25 Sold $300,000 -16.7% $145 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/02/2025 03/02/25 Price Changed $360,000 -8.9% $174 / Sq Ft
02/11/2025 02/11/25 Price Changed $395,000 0.0% $191 / Sq Ft
02/11/2025 02/11/25 For Sale $395,000 -1.3% $191 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
01/15/2025 01/15/25 For Sale $400,000 -- $193 / 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
2024 $7,201 $205,800 $73,900 $131,900
2023 $7,201 $205,800 $73,900 $131,900
2022 $7,129 $205,800 $73,900 $131,900
2021 $7,000 $205,800 $73,900 $131,900
2020 $7,291 $205,800 $73,900 $131,900
2019 $7,304 $205,800 $73,900 $131,900
2018 $7,308 $205,800 $73,900 $131,900
2017 $7,343 $205,800 $73,900 $131,900
2016 $7,131 $205,800 $73,900 $131,900
2015 $6,977 $205,800 $73,900 $131,900
2014 $6,818 $205,800 $73,900 $131,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2051534

Bright MLS

APN: 06-00400-0000-00006