NOT LISTED FOR SALE

401 Cedar Ave Pitman, NJ 08071

Estimated Value: $296,000 - $440,000

4 Beds
2 Baths
2,226 Sq Ft
$167/Sq Ft Est. Value

Last Sold August 18, 2022

Last sale price $225,000 $101 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,663/month

Highlights

  • Wood Flooring
  • Corner Lot
  • Radiator
  • Victorian Architecture
  • No HOA
  • 2-minute walk to Shertel Park & Pitman Pump Track

About This Home

As of December 2022

This spacious 4 bedroom 2 bathroom home is ready to move in! This clean, well maintained home comes with everything you could need. Large bright windows and hardwood flooring throughout plus fresh carpet on the second and third floors. Laundry room, front porch/sunroom, HUGE backyard with a fire pit, large 3rd floor loft, and more! There's no such thing as too much space. The large dining, family, and living rooms make
it so there's enough space for everyone to enjoy. With 2 full bathrooms, this home provides convenience no matter what floor you're on. Located right on Cedar road, Downtown Pitman, parks, and major highways are just a short drive away. Come see this home today! Landlord requires a minimum of 2.5 times the monthly rent in monthly gross income and 600+ credit score.

Last Agent to Rent the Property

Thomas Baker

(609) 630-3054 thomas@homesinsj.com Long & Foster Real Estate, Inc. License #2187144 Listed on: 11/04/2022

Long & Foster Real Estate, Inc.

Last Renter's Agent

Judith Melko

(609) 870-6208 jmelkohomes@gmail.com Home and Heart Realty

Home and Heart Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,422

Year Built

  • Built in 1910

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100.00 x 125.00
  • Corner Lot

Home Design

  • Victorian Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,226 Sq Ft Home
  • Property has 3 Levels
  • Basement Fills Entire Space Under The House
  • Range Hood

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiator
  • 200+ Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Residential Lease
  • Security Deposit $3,900
  • Tenant pays for all utilities
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 11/1/22
  • Assessor Parcel Number 15-00191-00007

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,422

Year Built

Built in 1910

Lot Details

0

Rental Info

  • Date Available: 2022-11-01
  • Owner Pays: None
  • Pets Allowed: No
  • Security Deposit: 3900.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Utilities - All
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Exclusions: Basement
  • Inclusions: Washer, Dryer, Refrigerator to be provided once tenant is accepted Outdoor shed
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Federal Flood Zone: No
  • Year Built: 1910
  • Remarks Public: This spacious 4 bedroom 2 bathroom home is ready to move in! This clean, well maintained home comes with everything you could need. Large bright windows and hardwood flooring throughout plus fresh carpet on the second and third floors. Laundry room, front porch/sunroom, HUGE backyard with a fire pit, large 3rd floor loft, and more! There's no such thing as too much space. The large dining, family, and living rooms make it so there's enough space for everyone to enjoy. With 2 full bathrooms, this home provides convenience no matter what floor you're on. Located right on Cedar road, Downtown Pitman, parks, and major highways are just a short drive away. Come see this home today! Landlord requires a minimum of 2.5 times the monthly rent in monthly gross income and 600+ credit score.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range Hood, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Hardwood, Carpet
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Full
  • Laundry Type: Main Floor
  • Total Sq Ft: 2226
  • Living Area Sq Ft: 2226
  • Price Per Sq Ft: 1.17
  • Above Grade Finished Sq Ft: 2226
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Wall Unit
  • Electric Service: 200+ Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

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

Lot Info

  • Land Use Code: Sfr
  • Lot Features: Corner
  • Lot Size Acres: 0.29
  • Lot Dimensions: 100.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12632.40
  • Zoning: RES

Tax Info

  • Assessor Parcel Number: 2026355
  • Assessor Parcel Number: 15-00191-00007
  • Tax Total Finished Sq Ft: 1770
  • Tax Data Updated: No
  • Close Date: 12/01/2022

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2022
Closed on
Aug 16, 2022
Sold by
Gregory Stephen A
Bought by
Spencer Rickie
Seller's Agent
ALAN Forte
Keller Williams Realty - Cherry Hill
Buyer's Agent
Michelle Hammel
Keller Williams Realty - Washington Township
List Price
$300,000
Sold Price
$225,000
Premium/Discount to List
-$75,000
-25%
Views
6
Current Estimated Value
$371,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,279
Avg. Annual Appreciation
17.95%
Original Mortgage
$168,750
Outstanding Balance
$162,174
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$213,795

Purchase Details

Closed on
Apr 28, 2003
Sold by
Bellebuono Ben
Bought by
Gregory Stephen A
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Spencer Rickie $225,000 Gregory Stephen A
Gregory Stephen A $91,500 American Title Abstract Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spencer Rickie $168,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Rented $2,600 0.0% --
11/19/2022 11/19/22 For Rent $2,600 0.0% --
11/18/2022 11/18/22 Under Contract -- -- --
11/04/2022 11/04/22 For Rent $2,600 0.0% --
08/18/2022 08/18/22 Sold $225,000 -10.0% $101 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/09/2022 07/09/22 Price Changed $250,000 -9.1% $112 / Sq Ft
06/13/2022 06/13/22 Price Changed $275,000 -8.3% $124 / Sq Ft
06/11/2022 06/11/22 For Sale $300,000 0.0% $135 / Sq Ft
05/20/2022 05/20/22 Pending -- -- --
05/05/2022 05/05/22 Price Changed $300,000 -7.7% $135 / Sq Ft
04/25/2022 04/25/22 For Sale $325,000 0.0% $146 / Sq Ft
06/01/2018 06/01/18 Rented $2,325 -16.7% --
05/21/2018 05/21/18 Under Contract -- -- --
02/01/2018 02/01/18 For Rent $2,790 -- --
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 $8,422 $241,100 $56,400 $184,700
2024 $8,200 $241,100 $56,400 $184,700
2023 $8,200 $241,100 $56,400 $184,700
2022 $7,877 $241,100 $56,400 $184,700
2021 $8,069 $180,000 $48,900 $131,100
2020 $7,974 $180,000 $48,900 $131,100
2019 $7,787 $180,000 $48,900 $131,100
2018 $7,655 $180,000 $48,900 $131,100
2017 $7,560 $180,000 $48,900 $131,100
2016 $7,414 $180,000 $48,900 $131,100
2015 $7,214 $180,000 $48,900 $131,100
2014 $7,918 $203,800 $48,900 $154,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2022848

Bright MLS

APN: 15-00191-0000-00007