$360,000
SOLD JAN 29, 2026

368 Pitman Ave Pitman, NJ 08071

Studio
-- Bath
1,830 Sq Ft
14,375 Sq Ft

Recently Sold

$197 Per Sq Ft

3% Above List Price

Highlights

  • Cape Cod Architecture
  • Forced Air Heating and Cooling System
  • Property is in very good condition
  • Tile or Brick Flooring
  • Replacement Windows

About This Home

As of January 2026

Unbelievable opportunity! Two 2 bedroom units ..... downstairs unit $1650.00 on month to month , upstairs rented for $1,600...... upstairs has a year lease. Upstairs bay window sliding glass doors and flooring recently replaced. Rebuilt steps and deck. 2 central air units
2 gas heaters
2 gas hot water heaters (newer)
Two sets of washers and dryers in basement The rents are below market values .... Potential for more income!
1st floor pictures to come!

Last Agent to Sell the Property

Robert Dick

(856) 582-1200 bobsellshomes@hotmail.com Keller Williams Realty - Washington Township Brokerage Phone: 8565821200 License #7812844 Listed on: 12/04/2025

Keller Williams Realty - Washington Township

Last Buyer's Agent

Logan Yurgin

(856) 434-4050 admin@theromanoteam.net Romano Realty License #2331012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,091

Year Built

  • Built in 1920

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 50.00 x 291.00
  • Property is in very good condition

Home Design

  • Duplex
  • Cape Cod Architecture
  • Block Foundation
  • Pitched Roof
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,830 Sq Ft Home
  • Replacement Windows
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Oven or Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Tile or Brick
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • 100 Amp Service
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00024
  • Assessor Parcel Number 15-00081 01-00024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,091

Year Built

Built in 1920

Lot Details

0.33 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Inclusions: Dryer, Range, Washer
  • New Construction: No
  • Expected On Market: 12/8/2025 12:00:00 AM
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Oven/Range - Gas, Washer, Dishwasher
  • Flooring Type: Fully Carpeted, Vinyl, Tile/Brick
  • Window Features: Replacement
  • Foundation Details: Block
  • Basement: Yes
  • Basement Type: Full
  • Total Sq Ft: 1830
  • Living Area Sq Ft: 1830
  • Price Per Sq Ft: 191.20
  • Above Grade Finished Sq Ft: 1830
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stucco
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 6

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.33
  • Lot Dimensions: 50.00 x 291.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14549.00
  • Property Condition: Very Good
  • Zoning: RESIDENTIAL

Rental Info

  • Existing Lease Type: Yearly, Month To Month
  • Total Actual Rent: 39000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 8091.00
  • Assessor Parcel Number: 15-00081 01-00024
  • Tax Lot: 00024
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2025
Closed on
Feb 9, 2026
Sold by
Ochipinti Nicholas M
Bought by
Padro Property Inc
Seller's Agent
Robert Dick
Keller Williams Realty - Washington Township
Buyer's Agent
Logan Yurgin
Romano Realty
List Price
$349,900
Sold Price
$360,000
Premium/Discount to List
$10,100
2.89%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.42%
Original Mortgage
$288,000
Outstanding Balance
$288,000
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$77,633

Purchase Details

Closed on
Dec 2, 2016
Sold by
Ochipinti Nicholas M and Menard Veronica M
Bought by
Ochipinti Nicholas M

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
Interest Rate
3.87%
Mortgage Type
FHA

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
Lamar Realty, 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
7.64%
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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Type Sale Price Title Company
Deed $360,000 National Integrity
Interfamily Deed Transfer -- Foundation Title Llc
Deed $175,000 Foundation Title Llc
Deed $165,000 Congress Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $288,000 New Conventional
Previous Owner $172,744 FHA
Previous Owner $165,343 FHA
Previous Owner $132,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2026 01/29/26 Sold $360,000 +2.9% $197 / Sq Ft
12/04/2025 12/04/25 For Sale $349,900 +21768.8% $191 / Sq Ft
12/01/2025 12/01/25 Pending -- -- --
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 View Prior Sale
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 -- --
Source: Bright MLS

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 $7,859 $225,000 $76,500 $148,500
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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Map

Source: Bright MLS

MLS Number: NJGL2067030

Bright MLS

APN: 15-00081-01-00024

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