NOT LISTED FOR SALE

241 W Holly Ave Pitman, NJ 08071

Estimated Value: $332,131 - $367,000

-- Bed
-- Bath
1,596 Sq Ft
$219/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $265,000 $166 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,474/month

32 Days on Market

About This Home

As of December 2021

This desirable investment property in Pitman is hitting the market for the first time in 27 years. It is well maintained by a Pitman landlord and resident. This is a positive income generating duplex that is located just minutes from all the revitalized uptown district This area has much to offer including fine and fun dining, Broadway shows, microbreweries, salons, shops, and so much more. Elementary, middle and high schools are close by in this walking district, offering exceptional education.

This two -story duplex offers off street parking for four vehicles, two bedrooms in each unit, spacious eat-in kitchen in recently renovated first floor, with large bathroom, master bedroom, unfinished basement with washer/dryer and additional storage for the first floor unit. Custom E.P. Henry patio relaxing and spacious porch compliment this attractive property.

While both of these units are presently rented with established and reliable tenants, buyer can exercise owner occupied option as noted in the lease agreement.

Pitman is particularly family friendly with biking and hiking trails nearby, fishing, boating, golf, tennis, basketball-all open to the public. If you're looking for a sound business opportunity, or in need of a starter or "empty nester" home, don't let this one pass you by!
Call us for more details!

Last Agent to Sell the Property

Barbara Capelli

Weichert Realtors-Turnersville License #1757008 Listed on: 09/30/2021

Weichert Realtors-Turnersville

Last Buyer's Agent

Dan Kent

Better Homes and Gardens Real Estate Maturo License #2078834

Better Homes and Gardens Real Estate Maturo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,326

Year Built

  • Built in 1920

Lot Details

  • 5,640 Sq Ft Lot
  • Lot Dimensions are 60.00 x 94.00

Parking

  • Driveway

Home Design

  • 1,596 Sq Ft Home
  • Duplex
  • Split Level Home
  • Block Foundation
  • Frame Construction

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • Tax Lot 00010
  • Assessor Parcel Number 15-00185-00010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,326

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Remarks Public: This desirable investment property in Pitman is hitting the market for the first time in 27 years. It is well maintained by a Pitman landlord and resident. This is a positive income generating duplex that is located just minutes from all the revitalized uptown district This area has much to offer including fine and fun dining, Broadway shows, microbreweries, salons, shops, and so much more. Elementary, middle and high schools are close by in this walking district, offering exceptional education. This two -story duplex offers off street parking for four vehicles, two bedrooms in each unit, spacious eat-in kitchen in recently renovated first floor, with large bathroom, master bedroom, unfinished basement with washer/dryer and additional storage for the first floor unit. Custom E.P. Henry patio relaxing and spacious porch compliment this attractive property. While both of these units are presently rented with established and reliable tenants, buyer can exercise owner occupied option as noted in the lease agreement. Pitman is particularly family friendly with biking and hiking trails nearby, fishing, boating, golf, tennis, basketball-all open to the public. If you're looking for a sound business opportunity, or in need of a starter or "empty nester" home, don't let this one pass you by! Call us for more details!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 1596
  • Living Area Sq Ft: 1596
  • Price Per Sq Ft: 169.11
  • Above Grade Finished Sq Ft: 1596
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 241-243

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
  • Type Of Parking: Driveway

Utilities

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

Schools

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 60.00 x 94.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5640.00
  • Year Assessed: 2020
  • Zoning: 08071

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6326.00
  • Assessor Parcel Number: 15-00185-00010
  • Tax Lot: 00010
  • Tax Total Finished Sq Ft: 1596
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020
  • Close Date: 12/03/2021

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Dec 3, 2021
Sold by
Sanders Jeffrey S and Sanders Althea J
Bought by
Sands Michael and Riddell Elayna
Seller's Agent
Barbara Capelli
Weichert Realtors-Turnersville
Buyer's Agent
Dan Kent
Better Homes and Gardens Real Estate Maturo
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$350,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,033
Avg. Annual Appreciation
7.56%
Original Mortgage
$260,200
Outstanding Balance
$241,701
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$101,600

Purchase Details

Closed on
Apr 6, 1994
Sold by
Clark Tryvola E
Bought by
Sasher Althea J and Sasher Jeffrey S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.27%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Sands Michael $265,000 None Available
Sasher Althea J $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sands Michael $260,200
Previous Owner Sanders Jeffrey S $107,000
Previous Owner Sanders Jeffrey S $100,000
Previous Owner Sasher Althea J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $265,000 -1.8% $166 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/20/2021 10/20/21 Price Changed $269,900 -1.9% $169 / Sq Ft
09/30/2021 09/30/21 For Sale $275,000 -- $172 / 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 $7,397 $217,500 $41,900 $175,600
2023 $7,397 $217,500 $41,900 $175,600
2022 $7,106 $217,500 $41,900 $175,600
2021 $6,402 $142,800 $37,200 $105,600
2020 $6,326 $142,800 $37,200 $105,600
2019 $6,178 $142,800 $37,200 $105,600
2018 $6,073 $142,800 $37,200 $105,600
2017 $5,998 $142,800 $37,200 $105,600
2016 $5,882 $142,800 $37,200 $105,600
2015 $5,723 $142,800 $37,200 $105,600
2014 $5,548 $142,800 $37,200 $105,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2005536

Bright MLS

APN: 15-00185-0000-00010