$321,454 - $406,000
RENTED JUL 1, 2024

368 Pitman Ave Pitman, NJ 08071

2 Beds
1 Bath
1,830 Sq Ft
$201 Price per Sq Ft

Last Sold February 26, 2016

Last sale price $175,000 $96 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,679/month

About This Home

As of February 2016

No showings until after the 11th of June!!!!!
This lovely apartment 2nd floor apartment, 2 bedroom 1 bath, is perfectly situated in historic Pitman Boro close to shops, entertainment, and public transportation. Basement provides extra storage plus washer and dryer. Central air and gas heat separately zoned. Plenty of off-street parking and fenced back yard. Desirable Pitman school district. Owner pays water and sewer. Tenant pays heat and electricity.
No showings until June 11, 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 2, 2016
Sold by
Ochipinti Nicholas M and Menard Veronica M
Bought by
Ochipinti Nicholas M
Current Estimated Value
$368,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,744
Outstanding Balance
$143,442
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$221,518

Purchase Details

Listed on
Sep 4, 2015
Closed on
Feb 26, 2016
Sold by
Jones Larry D and Jones Mary Ann
Bought by
Ochipinti Nicholas M and Menard Veronica M
Seller's Agent
Mary Ann Jones
Sawyer Realty Group, LLC
Buyer's Agent
Robert Dick
Keller Williams Realty - Washington Township
List Price
$180,000
Sold Price
$175,000
Premium/Discount to List
-$5,000
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.30%
Original Mortgage
$165,343
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2005
Sold by
Gates Richard C and Gates Monica
Bought by
Jones Larry D and Jones Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.01%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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ICE

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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
Ochipinti Nicholas M -- Foundation Title Llc
Ochipinti Nicholas M $175,000 Foundation Title Llc
Jones Larry D $165,000 Congress Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochipinti Nicholas M $172,744
Closed Ochipinti Nicholas M $165,343
Previous Owner Jones Larry D $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Rented $1,600 -3.0% --
06/21/2024 06/21/24 Under Contract -- -- --
05/29/2024 05/29/24 For Rent $1,650 0.0% --
01/01/2024 01/01/24 Rented $1,650 0.0% --
11/30/2023 11/30/23 For Rent $1,650 +3.4% --
04/01/2023 04/01/23 Rented $1,595 +6.3% --
03/10/2023 03/10/23 For Rent $1,500 0.0% --
04/15/2022 04/15/22 Rented $1,500 0.0% --
03/30/2022 03/30/22 For Rent $1,500 +20.0% --
01/22/2020 01/22/20 Rented $1,250 -3.5% --
11/20/2019 11/20/19 For Rent $1,295 0.0% --
05/10/2018 05/10/18 Rented $1,295 0.0% --
04/13/2018 04/13/18 Under Contract -- -- --
03/20/2018 03/20/18 For Rent $1,295 +17.7% --
09/01/2016 09/01/16 Rented $1,100 -8.3% --
09/01/2016 09/01/16 Under Contract -- -- --
07/31/2016 07/31/16 For Rent $1,200 0.0% --
02/26/2016 02/26/16 Sold $175,000 -2.8% $96 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
09/04/2015 09/04/15 For Sale $180,000 0.0% $98 / Sq Ft
08/04/2014 08/04/14 Rented $1,000 0.0% --
07/31/2014 07/31/14 Under Contract -- -- --
07/07/2014 07/07/14 For Rent $1,000 -- --

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 $7,652 $225,000 $76,500 $148,500
2023 $7,652 $225,000 $76,500 $148,500
2022 $7,351 $225,000 $76,500 $148,500
2021 $8,213 $183,200 $60,000 $123,200
2020 $8,116 $183,200 $60,000 $123,200
2019 $7,925 $183,200 $60,000 $123,200
2018 $7,792 $183,200 $60,000 $123,200
2017 $7,694 $183,200 $60,000 $123,200
2016 $7,546 $183,200 $60,000 $123,200
2015 $7,343 $183,200 $60,000 $123,200
2014 $7,117 $183,200 $60,000 $123,200
Source: Public Records

Agents Affiliated with this Home

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