NOT LISTED FOR SALE

23 W Pitman St Penns Grove, NJ 08069

Estimated Value: $141,000 - $152,000

-- Bed
-- Bath
2,816 Sq Ft
$52/Sq Ft Est. Value

Last Sold September 14, 2023

Last sale price $102,750 $36 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,047/month

13 Days on Market

About This Home

As of September 2023

Great opportunity in Penns Grove! 2 spacious units, large lot, front porch and much more! Do not miss out on this opportunity! Come check this one out! 23 -25 W PITMAN ST, PENNS GROVE, NJ 08069

Last Agent to Sell the Property

BRETT NEAL

(856) 229-2229 bn@beaconocnj.com Shoreside Realty, LLC. License #1221529 Listed on: 08/03/2023

Last Buyer's Agent

Drew Conlin

(856) 473-8534 drewconlin@hotmail.com Society License #2322299

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,965

Year Built

  • Built in 1920

Lot Details

  • 4,625 Sq Ft Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Brick Foundation
  • Aluminum Siding

Interior Spaces

  • 2,816 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Parking

  • Driveway
  • On-Street Parking

Schools

  • Penns Grove High School

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 6 & 7
  • Assessor Parcel Number 08-00021-00006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,965

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Fireplace: No
  • Foundation Details: Brick/Mortar
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2816
  • Living Area Sq Ft: 2816
  • Price Per Sq Ft: 30.15
  • Above Grade Finished Sq Ft: 2816
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Aluminum Siding
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Flat
  • 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, Driveway

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District Source: Listing Agent
  • High School: PENNS GROVE

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4625.00

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 2965.00
  • Assessor Parcel Number: 08-00021-00006
  • Tax Lot: 6 & 7
  • Tax Year: 2006

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Delaware Valley Opportunity Fund Llc
Bought by
48 Oriental Llc
Current Estimated Value
$145,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Outstanding Balance
$143,667
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$1,666

Purchase Details

Listed on
Aug 3, 2023
Closed on
Aug 24, 2023
Sold by
Citigroup Mortgage Loan Trust
Bought by
Delaware Valley Opportunity Fund Llc
Seller's Agent
BRETT NEAL
Shoreside Realty, LLC.
Buyer's Agent
Drew Conlin
Society
List Price
$84,900
Sold Price
$102,750
Premium/Discount to List
$17,850
21.02%
Views
137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.74%

Purchase Details

Closed on
Jul 3, 2023
Sold by
Sheriff Of The County Of Salem
Bought by
Citigroup Mortgage Loan Trust and South Jersey Gas Company

Purchase Details

Closed on
Mar 20, 2007
Sold by
Lang Michael
Bought by
Zimmerman Alan and Zimmerman Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2001
Sold by
Farber Daniel J and Farber Norma
Bought by
Lth Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
48 Oriental Llc $133,333 None Listed On Document
48 Oriental Llc $133,333 None Listed On Document
48 Oriental Llc $133,333 None Listed On Document
Delaware Valley Opportunity Fund Llc $102,750 Foundation Title
Delaware Valley Opportunity Fund Llc $102,750 Foundation Title
Citigroup Mortgage Loan Trust -- None Listed On Document
Citigroup Mortgage Loan Trust -- None Listed On Document
Zimmerman Alan $175,000 --
Lth Inc $25,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 48 Oriental Llc $145,000
Closed 48 Oriental Llc $145,000
Previous Owner Zimmerman Alan $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2023 09/14/23 Sold $102,750 +21.0% $36 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $84,900 -- $30 / 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
2025 $3,416 $61,600 $9,300 $52,300
2024 $3,302 $61,600 $9,300 $52,300
2023 $3,302 $61,600 $9,300 $52,300
2022 $3,183 $61,600 $9,300 $52,300
2021 $3,046 $61,600 $9,300 $52,300
2020 $3,086 $61,600 $9,300 $52,300
2019 $3,098 $61,600 $9,300 $52,300
2018 $2,848 $70,600 $17,300 $53,300
2017 $2,858 $70,600 $17,300 $53,300
2016 $2,750 $70,600 $17,300 $53,300
2015 $2,634 $70,600 $17,300 $53,300
2014 $2,605 $70,600 $17,300 $53,300
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    BRETT NEAL

    Shoreside Realty, LLC.

    (856) 229-2229

    2 in this area

    120 Total Sales

    BRETT NEAL
    Section Image

  • D

    Buyer's Agent in 2023

    Drew Conlin

    Society

    (856) 473-8534

    3 in this area

    35 Total Sales

    Drew Conlin
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJSA2008374

Bright MLS

APN: 08-00021-0000-00006

New Jersey Salem County Penns Grove 08069

23 W Pitman St, Penns Grove, NJ

Not Listed for Sale

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