NOT LISTED FOR SALE

2 W Pitman St Penns Grove, NJ 08069

Penns Grove Neighborhood

Estimated Value: $127,000 - $228,000

-- Bed
-- Bath
2,362 Sq Ft
$67/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $120,000 $51 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,100/month

40 Days on Market

About This Home

As of September 2022

Investor Special! Or owner occupied-rent out one unit and live in the other! Great income producer! 2 Side by side units with completely separate utilities and seperate entrances! Newer heating system and roof was fixed in 2020. Property being sold as is.

Last Listed By

Sandy Ghali

Better Homes and Gardens Real Estate Maturo License #2188447 Listed on: 06/25/2022

Better Homes and Gardens Real Estate Maturo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,731

Year Built

  • Built in 1940

Lot Details

  • 7,187 Sq Ft Lot
  • Lot Dimensions are 45.00 x 0.00

Parking

  • On-Street Parking

Home Design

  • 2,362 Sq Ft Home
  • Duplex
  • Aluminum Siding

Utilities

  • Radiator
  • Heating System Uses Oil
  • Oil Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00019 01
  • Assessor Parcel Number 08-00048-00019 01

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,731

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Exclusions: tenant's personal property
  • New Construction: No
  • Year Built: 1940
  • Automatically Close On Close Date: Yes
  • Remarks Public: Investor Special! Or owner occupied-rent out one unit and live in the other! Great income producer! 2 Side by side units with completely separate utilities and seperate entrances! Newer heating system and roof was fixed in 2020. Property being sold as is.
  • Special Features: None

Interior Features

  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2362
  • Living Area Sq Ft: 2362
  • Price Per Sq Ft: 50.80
  • Above Grade Finished Sq Ft: 2362
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 70-70 1/2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District Key: 300200397143
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 45.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7187.00
  • Year Assessed: 2021
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4731.00
  • Assessor Parcel Number: 08-00048-00019 01
  • Tax Lot: 00019 01
  • Tax Total Finished Sq Ft: 2362
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 09/29/2022

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2023
Sold by
Davis Dyani
Bought by
Gold Standard Investments Group Llc
Total Days on Market
40
Current Estimated Value
$158,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Outstanding Balance
$120,089
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$38,152

Purchase Details

Closed on
Nov 30, 2018
Sold by
Finley-Baker Sandra
Bought by
Davis Dyani

Purchase Details

Closed on
Apr 18, 2016
Sold by
Hsbc Bank Usa National Association
Bought by
Finley Baker Sandra Marie

Purchase Details

Closed on
Jul 25, 2014
Sold by
Poulson Michelle and Weaks Michelle
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Jan 5, 2004
Sold by
Sweeney Earl R
Bought by
Weaks Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,300
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 1999
Sold by
Donelson Edward B and Donelson Mary E
Bought by
Sweeney Earl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,250
Interest Rate
7.12%

Range of Values:

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Average Value
Not Available
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
Gold Standard Investments Group Llc -- Foundation Title
Davis Dyani $17,500 Connection Title
Finley Baker Sandra Marie $11,000 Attorney
Hsbc Bank Usa Na -- --
Weaks Michelle M $107,000 --
Weaks Michelle M $107,000 --
Sweeney Earl R $62,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gold Standard Investments Group Llc $123,500
Previous Owner Poulson Michelle $112,000
Previous Owner Poulson Michelle $28,000
Previous Owner Weaks Michelle M $96,300
Previous Owner Sweeney Earl R $56,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $120,000 0.0% $51 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/28/2022 07/28/22 Price Changed $120,000 -17.2% $51 / Sq Ft
06/25/2022 06/25/22 For Sale $145,000 -- $61 / 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 $2,632 $49,100 $12,600 $36,500
2023 $2,632 $49,100 $12,600 $36,500
2022 $2,537 $49,100 $12,600 $36,500
2021 $2,428 $49,100 $12,600 $36,500
2020 $2,459 $49,100 $12,600 $36,500
2019 $2,470 $49,100 $12,600 $36,500
2018 $2,420 $60,000 $21,300 $38,700
2017 $2,429 $60,000 $21,300 $38,700
2016 $2,337 $60,000 $21,300 $38,700
2015 $2,239 $60,000 $21,300 $38,700
2014 $2,214 $60,000 $21,300 $38,700
Source: Public Records

Agents Affiliated with this Home

  • Sandy Ghali

    Seller's Agent in 2022

    Sandy Ghali

    Better Homes and Gardens Real Estate Maturo

    (267) 699-6344

    1 in this area

    16 Total Sales

    Sandy Ghali
    Section Image
  • Tawana Jorden

    Buyer's Agent in 2022

    Tawana Jorden

    The Riggins Group LLC

    (267) 596-9832

    3 in this area

    92 Total Sales

    Tawana Jorden
    Section Image
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Map

Source: Bright MLS

MLS Number: NJSA2004518

Bright MLS

APN: 08-00045-0000-00006

New Jersey Salem County Penns Grove 08069 Penns Grove

2 W Pitman St, Penns Grove, NJ

Homes for Sale in Penns Grove, NJ

This home is located at 2 W Pitman St, Penns Grove, NJ 08069 since 25 June 2022 and is currently estimated at $158,241, approximately $66 per square foot. This property was built in 1940. 2 W Pitman St is a home located in Salem County with nearby schools including Lafayette-Pershing Elementary School, Field Street Elementary School, and Paul W. Carleton Elementary School.

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