302 Montgomery Ave Pitman, NJ 08071
Estimated payment $3,130/month
Highlights
- 0.68 Acre Lot
- Home Office
- More Than Two Accessible Exits
- No HOA
- 3 Car Detached Garage
- Central Air
About This Home
Versatile Opportunity: Spacious Mixed-Use Property or Stunning Single-Family Home
Unlock the potential of this expansive property—whether you envision it as a grand single-family home or an income-generating mixed-use space, the possibilities are endless!
Currently, the entire first floor is utilized as an insurance office, featuring a half bathroom, kitchen breakroom, and direct access to a full basement for storage and utilities. Meanwhile, the second and third floors house a spacious 3-bedroom, 2-bathroom apartment with a large deck, perfect for relaxation and outdoor enjoyment.
Step outside to appreciate the massive grounds, including an oversized detached garage and a large parking lot accommodating 15+ vehicles—ideal for a thriving business or generous private parking.
With the owner relocating, it’s your chance to transform this space into your vision. Maintain the mixed-use setup for steady rental income, or restore its original beauty as a grand single-family residence. Whether you want to showcase your business on the first floor or create an expansive dream home, this property is ready for your imagination to take flight!
Come explore the possibilities today.
Listing Agent
(856) 693-6802 eandres@penzonerealty.com Penzone Realty Listed on: 05/29/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,785
Year Built
- Built in 1900
Lot Details
- 0.68 Acre Lot
- Property is zoned R1, Mix use Currently proeperty is being used as a insurance office on the 1st floor and a residential rental on the 2nd/3rd floor.
Parking
- 3 Car Detached Garage
- Rear-Facing Garage
- Parking Lot
Home Design
- Block Foundation
- Frame Construction
Interior Spaces
- 3,108 Sq Ft Home
- Property has 3 Levels
- Home Office
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
Accessible Home Design
- More Than Two Accessible Exits
Utilities
- Central Air
- Heating System Uses Oil
- Hot Water Baseboard Heater
- Electric Water Heater
Community Details
- No Home Owners Association
- Pitman Subdivision
Listing and Financial Details
- Tax Lot 00002
- Assessor Parcel Number 15-00105-00002
Map
Home Values in the Area
Average Home Value in this Area
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 | $7,786 | $222,900 | $62,600 | $160,300 |
| 2024 | $7,581 | $222,900 | $62,600 | $160,300 |
| 2023 | $7,581 | $222,900 | $62,600 | $160,300 |
| 2022 | $7,282 | $222,900 | $62,600 | $160,300 |
| 2021 | $8,657 | $193,100 | $59,200 | $133,900 |
| 2020 | $8,554 | $193,100 | $59,200 | $133,900 |
| 2019 | $8,354 | $193,100 | $59,200 | $133,900 |
| 2018 | $8,213 | $193,100 | $59,200 | $133,900 |
| 2017 | $8,110 | $193,100 | $59,200 | $133,900 |
| 2016 | $7,954 | $193,100 | $59,200 | $133,900 |
| 2015 | $7,739 | $193,100 | $59,200 | $133,900 |
| 2014 | $7,502 | $193,100 | $59,200 | $133,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2025 11/07/25 | Price Changed | $475,000 | -5.0% | $153 / Sq Ft |
| 05/29/2025 05/29/25 | For Sale | $499,999 | -- | $161 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $80,000 | -- |
Source: Bright MLS
MLS Number: NJGL2057974
APN: 15-00105-0000-00002
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