Seller's Agent in 2022
John Swartz
RE/MAX
(856) 308-2698
2 in this area
170 Total Sales
201 N Broadway Pitman, NJ 08071
Estimated Value: $365,363 - $406,000
--
Bed
--
Bath
2,099
Sq Ft
$181/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- 1 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of July 2022Fantastic opportunity for an investor or for someone wanting to live in one unit while generating oncome from 2 and possibly the garage. This Income producing triplex is located in the heart of pitman. Unit #1 201 is one bedroom one bathroom. Rent is $800/month and leased until February of 2023. Unit #2 203 is a two bedroom one bathroom apartment that has recently been updated. Beautiful restored original hardwood floors. This unit is currently vacant but could rent for $1500/month. This unit also has washer/dryer hookup. Unit #3 205 is a two bedroom one bathroom with an awesome walk up attic that could be used for storage or another room. Currently the tenant is paying $750/month. Tenant has lived there for the last 22 years. This unit is leased until March 2023 and also has washer/dryer hookup. All gas forced heat and electric hot water. All tenants have separate meters and pay all utilities except for water/sewer. Photos are of unit 203. We chose not to photograph the other units for privacy reasons of the tenants. All tenants will cooperate with showings. Don’t miss this great opportunity. This won’t last long. ***Taxes are estimated verify taxes with the boro of Pitman waiting on new tax bill ***
Last Agent to Sell the Property
(856) 308-2698 swartzrealestate@gmail.com RE/MAX Preferred - Sewell License #0125598 Listed on: 05/17/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,023
Year Built
- Built in 1900
Lot Details
- 4,500 Sq Ft Lot
- Lot Dimensions are 50.00 x 90.00
Parking
- 1 Car Detached Garage
- Driveway
Home Design
- 2,099 Sq Ft Home
- Triplex
- Traditional Architecture
- Frame Construction
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Tax Lot 00012
- Assessor Parcel Number 15-00111-00012
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 17, 2022
Closed on
Jul 22, 2022
Sold by
Bradley and Cynthia
Bought by
Ajimoko Oluwatobi
Seller's Agent
John Swartz
RE/MAX Preferred - Sewell
Buyer's Agent
Marcy Ireland
Home and Heart Realty
List Price
$295,000
Sold Price
$305,000
Premium/Discount to List
$10,000
3.39%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,841
Avg. Annual Appreciation
7.16%
Original Mortgage
$299,475
Outstanding Balance
$286,982
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$93,859
Purchase Details
Closed on
Sep 29, 1989
Bought by
Bradley Michael and Bradley Cynthia
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ajimoko Oluwatobi | $305,000 | National Integrity | |
| Ajimoko Oluwatobi | $305,000 | National Integrity | |
| Bradley Michael | $75,300 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ajimoko Oluwatobi | $299,475 | |
| Closed | Ajimoko Oluwatobi | $299,475 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2022 07/15/22 | Sold | $305,000 | +3.4% | $145 / Sq Ft |
| 06/02/2022 06/02/22 | Pending | -- | -- | -- |
| 05/17/2022 05/17/22 | For Sale | $295,000 | 0.0% | $141 / Sq Ft |
| 02/13/2020 02/13/20 | Rented | $800 | 0.0% | -- |
| 02/11/2020 02/11/20 | Off Market | $800 | -- | -- |
| 01/13/2020 01/13/20 | For Rent | $800 | -- | -- |
Source: Bright MLS
Tax History Compared to Growth
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 | $7,810 | $223,600 | $25,700 | $197,900 |
| 2024 | $7,605 | $223,600 | $25,700 | $197,900 |
| 2023 | $7,605 | $223,600 | $25,700 | $197,900 |
| 2022 | $7,305 | $223,600 | $25,700 | $197,900 |
| 2021 | $8,285 | $184,800 | $22,500 | $162,300 |
| 2020 | $8,187 | $184,800 | $22,500 | $162,300 |
| 2019 | $7,994 | $184,800 | $22,500 | $162,300 |
| 2018 | $7,860 | $184,800 | $22,500 | $162,300 |
| 2017 | $7,762 | $184,800 | $22,500 | $162,300 |
| 2016 | $7,612 | $184,800 | $22,500 | $162,300 |
| 2015 | $7,407 | $184,800 | $22,500 | $162,300 |
| 2014 | $7,179 | $184,800 | $22,500 | $162,300 |
Source: Public Records
Agents Affiliated with this Home
-
John Swartz
-
Marcy Ireland
Buyer's Agent in 2022
Marcy Ireland
Home and Heart Realty
(609) 828-0530
6 in this area
82 Total Sales
-
Jack Yerkes
Seller's Agent in 2020
Jack Yerkes
Century 21 - Rauh & Johns
(856) 371-2225
2 in this area
147 Total Sales
-
Brian Eachus
Buyer's Agent in 2020
Brian Eachus
Young Realty
(856) 881-3100
8 in this area
61 Total Sales
Map
Source: Bright MLS
MLS Number: NJGL2015940
APN: 15-00111-0000-00012
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