NOT LISTED FOR SALE

14 16 E Holly Ave Pitman, NJ 08071

-- Bed
-- Bath
2,456 Sq Ft
5,998 Sq Ft Lot

Last Sold June 22, 2022

Last sale price $285,000 $116 Per Sq Ft

12 Days on Market

Highlights

  • Hot Water Heating System
  • Carpet
  • 4-minute walk to Ballard Park

About This Home

As of June 2022

Large duplex just steps off Broadway and the heart of Pitman with excellent cash flow, and large parking area behind the building off of Hazel. Both units are 3 bedrooms and 1 bathroom, and the utilities are separated. This building generates fantastic cash flow and would be a great for a 1031 exchange. Each unit is extremely large with living room, dining room, kitchen, 3 bedrooms, and laundry in the basement. Both units have a fenced backyard and plenty of off street parking in the back. Unit 14 has newer kitchen floor and the roof was replaced. Unit 16 is freshly painted, has a newer heater/boiler, new kitchen counters, new carpet, new kitchen floor, and recently remodeled bathroom. Highly desirable location for taking advantage of Pitman's downtown amenities. Unit 16 is currently vacant and ready to occupy-Live in one unit while renting the other or rent out this unit at today's market rental rate!

Last Agent to Sell the Property

Greg Damone

Better Homes and Gardens Real Estate Maturo License #0344310 Listed on: 05/13/2022

Better Homes and Gardens Real Estate Maturo

Last Buyer's Agent

Stephen Kappre

Home and Heart Realty

Home and Heart Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,755

Year Built

  • Built in 1900

Lot Details

  • 5,998 Sq Ft Lot
  • Lot Dimensions are 60.00 x 100.00

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,456 Sq Ft Home
  • Carpet
  • Unfinished Basement

Parking

  • 6 Parking Spaces
  • 6 Off-Street Spaces
  • Dirt Driveway

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00006 01
  • Assessor Parcel Number 15-00114-00006 01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,755

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • Exclusions: Tenants' personal property.
  • Home Warranty: No
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Large duplex just steps off Broadway and the heart of Pitman with excellent cash flow, and large parking area behind the building off of Hazel. Both units are 3 bedrooms and 1 bathroom, and the utilities are separated. This building generates fantastic cash flow and would be a great for a 1031 exchange. Each unit is extremely large with living room, dining room, kitchen, 3 bedrooms, and laundry in the basement. Both units have a fenced backyard and plenty of off street parking in the back. Unit 14 has newer kitchen floor and the roof was replaced. Unit 16 is freshly painted, has a newer heater/boiler, new kitchen counters, new carpet, new kitchen floor, and recently remodeled bathroom. Highly desirable location for taking advantage of Pitman's downtown amenities. Unit 16 is currently vacant and ready to occupy-Live in one unit while renting the other or rent out this unit at today's market rental rate!
  • Special Features: None

Interior Features

  • Interior Amenities: Carpet
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2456
  • Living Area Sq Ft: 2456
  • Price Per Sq Ft: 116.04
  • Above Grade Finished Sq Ft: 2456
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 14

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
  • Parking Features: Dirt Driveway
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 6

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

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

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 179900.00
  • Land Assessed Value: 37700.00
  • Lot Size Acres: 0.14
  • Lot Dimensions: 60.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5998.00
  • Year Assessed: 2021
  • Zoning: RESIDENTIAL

Rental Info

  • Ground Rent Exists: No
  • Rent Control: No
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2025265
  • Tax Annual Amount: 9755.00
  • Assessor Parcel Number: 15-00114-00006 01
  • Tax Lot: 00006 01
  • Tax Total Finished Sq Ft: 2456
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021
  • Close Date: 06/22/2022

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2022 06/22/22 Sold $285,000 0.0% $116 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/13/2022 05/13/22 For Sale $285,000 -- $116 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Greg Damone

    Seller's Agent in 2022

    Greg Damone

    Better Homes and Gardens Real Estate Maturo

    (856) 313-8984

    2 in this area

    89 Total Sales

    Section Image
  • Stephen Kappre

    Buyer's Agent in 2022

    Stephen Kappre

    Home and Heart Realty

    (856) 419-3561

    1 in this area

    71 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: NJGL2015794

Bright MLS

New Jersey Gloucester County Pitman 08071

14 16 E Holly Ave, Pitman, NJ

This home is located at 14 16 E Holly Ave, Pitman, NJ 08071 since 13 May 2022. This property was built in 1900. 14 16 E Holly Ave is a home located in Gloucester County with nearby schools including Memorial Elementary School, Pitman Middle School, and Pitman High School.

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