NOT LISTED FOR SALE

201-203 W Jersey Ave Pitman, NJ 08071

-- Bed
1 Bath
1,597 Sq Ft
1920 Built

Last Sold March 31, 2021

Last sale price $141,000 $88 Per Sq Ft

Highlights

  • Traditional Architecture
  • Corner Lot
  • Porch
  • Wood Flooring
  • No HOA
  • 3-minute walk to Ballard Park

About This Home

As of March 2021

Twin/Duplex in Pitman's Historic District. Property has been a rental investment for over 18 years and professionally managed. Currently vacant and clean, ready for quick as-is sale. Net Sheet available upon request.

Last Agent to Sell the Property

David Gorham

(609) 221-1098 Dave@njrealtysolutions.com Realty Solutions LLC License #229201 Listed on: 01/27/2021

Last Buyer's Agent

Brian Belko

(856) 905-8929 Brian.Belko@foxroach.com BHHS Fox & Roach-Washington-Gloucester License #8644513

BHHS Fox & Roach-Washington-Gloucester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,684

Year Built

  • Built in 1920 | Remodeled in 2002

Lot Details

  • Lot Dimensions are 26.00 x 130.00
  • Corner Lot
  • Level Lot
  • Back Yard
  • Historic Home
  • Property is in below average condition

Home Design

  • 1,597 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Side-by-Side
  • Dwelling with Rental
  • Block Foundation
  • Plaster Walls
  • Frame Construction
  • Pitched Roof
  • Shingle Roof

Flooring

  • Wood
  • Vinyl

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces
  • On-Street Parking

Utilities

  • Radiator
  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Oil Water Heater
  • Municipal Trash

Additional Features

  • Electric Oven or Range
  • Porch

Listing and Financial Details

  • The owner pays for advertising/licenses and permits, common area maintenance, insurance, repairs, real estate taxes, water
  • Tax Lot 00001
  • Assessor Parcel Number 15-00089-00001

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building
  • Building Winterized

Building Details

  • 2 Vacant Units
  • Income includes apartment rentals
  • Net Operating Income $5,216

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,684

Year Built

Built in 1920 | Remodeled in 2002

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Dwelling With Rental, Side-By-Side, Traditional
  • Ownership: Fee Simple
  • Historic: Yes
  • Home Warranty: No
  • New Construction: No
  • Expected On Market: 2021-01-29
  • Year Built: 1920
  • Year Renovated: 2002
  • Automatically Close On Close Date: No
  • Building Winterized: Yes
  • Remarks Public: Twin/Duplex in Pitman's Historic District. Property has been a rental investment for over 18 years and professionally managed. Currently vacant and clean, ready for quick as-is sale. Net Sheet available upon request.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Flooring Type: Hardwood, Vinyl
  • Interior Amenities: Wood Floors
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Block
  • Room Count: 8
  • Basement: No
  • Total Sq Ft: 1597
  • Living Area Sq Ft: 1597
  • Price Per Sq Ft: 100.19
  • Above Grade Finished Sq Ft: 1597
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 201-203

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Roof: Pitched, Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, On Street
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service, Circuit Breakers, Fuses
  • Heating Fuel: Electric, Oil
  • Heating Type: Radiator, Hot Water
  • Heating: Yes
  • Hot Water: Oil, Electric
  • Sewer/Septic System: Public Sewer
  • Utilities: Electric Available, Sewer Available
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • HOA: No
  • Association Recreation Fee: No

Schools

  • School District: PITMAN BORO PUBLIC SCHOOLS
  • School District Key: 300200396141
  • School District Source: 3rd Party

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 99200.00
  • Land Assessed Value: 29100.00
  • Lot Features: Corner, Level, Rear Yard
  • Lot Dimensions: 26.00 x 130.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Below Average
  • Year Assessed: 2020
  • Zoning: RESIDENTIAL
  • Zoning Description: Property in Pitman's Historic District

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Owner Pays: Advertising/Licenses And Permits, Common Area Maintenance, Insurance, Repairs, Taxes - Real Estate, Water
  • Rent Control: No
  • Total Actual Rent: 17716.00
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 2
  • Income Includes: Apartment Rentals
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Assessor Parcel Number: 2024871
  • Tax Annual Amount: 5684.00
  • Assessor Parcel Number: 15-00089-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 1597
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 03/31/2021

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
03/31/2021 03/31/21 Sold $141,000 -11.9% $88 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $160,000 -- $100 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL270562

Bright MLS