NOT LISTED FOR SALE

107 East Ave Pitman, NJ 08071

Estimated Value: $84,561 - $242,000

0.06 Acre
$2,544,000 Price per Acre
2,432 Sq Ft Lot

Last Sold March 05, 2019

Last sale price $23,000

Est. 564% increase in value since last sale

Current estimated payment $919/month

Highlights

  • No HOA
  • Downtown Location
  • 3-minute walk to Ballard Park

About This Lot

As of March 2019

Check out one of the last remaining building lots for sale in historic Pitman, NJ! 107 East Ave directly backs up to the famous downtown Broadway district and allows a prospective builder/developer to add their own personal touch to this classic town. Public water, public sewer, natural gas & electricity hook-ups available in street. In addition to being a premier building lot, 107 East Ave is currently paved and has a 3-bay garage in the rear; meaning one could purchase this property for extra parking or even rent the 3 bay garage out if they didn't want to develop it just yet.

Last Agent to Sell the Property

Brandon Hedenberg

Hedenberg Real Estate Company LLC License #1752988 Listed on: 12/10/2018

Last Buyer's Agent

Thomas Sadler

Ovation Realty LLC License #787778

Ovation Realty LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,225

Lot Details

  • 2,432 Sq Ft Lot
  • Downtown Location
  • Property is zoned C-1, Pitman's C-1 Zoning:http://clerkshq.com/default.ashx?clientsite=Pitman-nj

Utilities

  • Single-Phase Power
  • Public Septic
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Grove Subdivision

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 15-00001-00017

Property Details

Property Type

Land

Est. Annual Taxes

$1,225

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Vacant, Land/Lot Only
  • Exclusions: Personal Property
  • New Construction: No
  • Federal Flood Zone: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 10.28
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 107

Exterior Features

  • Other Structures List: Garage(s)
  • Construction Completed: No
  • View: Street
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Electric Service: Single Phase
  • Sewer/Septic System: Public Hook/Up Avail, Public Septic
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public Hook-Up Available

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Land Use Code: C-1
  • Lot Count: 1
  • Lot Size Acres: 0.06
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2432.00
  • Zoning: C-1
  • Zoning Description: Pitman's C-1 Zoning:http://clerkshq.com/default.ashx?clientsite=Pitman-nj
  • Farmland Preservation: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 1225.00
  • Assessor Parcel Number: 15-00001-00017
  • Tax Lot: 00017
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2018
  • Close Date: 03/05/2019

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2018
Closed on
Mar 4, 2019
Sold by
Pfeffer Maryann
Bought by
Apadula Giuliano J
Seller's Agent
Brandon Hedenberg
Hedenberg Real Estate Company LLC
Buyer's Agent
Thomas Sadler
Ovation Realty LLC
List Price
$25,000
Sold Price
$23,000
Premium/Discount to List
-$2,000
-8%
Current Estimated Value
$152,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,640
Avg. Annual Appreciation
30.71%

Purchase Details

Closed on
Dec 16, 1987
Bought by
Pfeffer John and Pfeffer Maryann
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
Apadula Giuliano J $23,000 Foundation Title Llc
Pfeffer John -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2019 03/05/19 Sold $23,000 -8.0% --
03/01/2019 03/01/19 Pending -- -- --
12/10/2018 12/10/18 For Sale $25,000 -- --
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 $1,271 $36,400 $26,500 $9,900
2024 $1,238 $36,400 $26,500 $9,900
2023 $1,238 $36,400 $26,500 $9,900
2022 $1,189 $36,400 $26,500 $9,900
2021 $1,291 $28,800 $22,300 $6,500
2020 $1,276 $28,800 $22,300 $6,500
2019 $1,246 $28,800 $22,300 $6,500
2018 $1,225 $28,800 $22,300 $6,500
2017 $1,210 $28,800 $22,300 $6,500
2016 $1,186 $28,800 $22,300 $6,500
2015 $1,154 $28,800 $22,300 $6,500
2014 $1,119 $28,800 $22,300 $6,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL177364

Bright MLS

APN: 15-00001-0000-00017