$300,000
SOLD JUL 31, 2025

401 N Broadway Pitman, NJ 08071

-- Bed
-- Bath
1,820 Sq Ft
0.26 Acres

Recently Sold

$165 Per Sq Ft

20% Below List Price

96 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Level Entry For Accessibility
  • Attic
  • Eat-In Kitchen
  • 4-minute walk to Ballard Park

About This Home

As of July 2025

Nestled in the heart of Pitman, this charming duplex for sale offers a unique blend of historic charm and modern convenience. The property boasts two spacious units, each featuring two bedrooms and one bathroom. Unit A rents out for $1,350 per month and Unit B rents out for $1,650 per month ($3,000 total). This duplex is an ideal investment opportunity or a perfect place to call home for those starting out. Don't miss out on the chance to own a rental in booming Pitman, and if you do, next door at 407 N. Broadway is also for sale!

Last Agent to Sell the Property

Brian Eachus

(856) 881-3100 lead@youngnj.com Young Realty License #0903247 Listed on: 03/21/2025

Young Realty

Last Buyer's Agent

Brian Eachus

(856) 881-3100 lead@youngnj.com Young Realty License #0903247 Listed on: 03/21/2025

Young Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,632

Year Built

  • Built in 1900

Parking

  • Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,820 Sq Ft Home
  • Ceiling Fan
  • Attic
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Knob And Tube Electrical Wiring
  • Natural Gas Water Heater

Additional Features

  • Level Entry For Accessibility
  • 0.26 Acre Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00017
  • Assessor Parcel Number 15-00109-00017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,632

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: Yes
  • Remarks Public: Nestled in the heart of Pitman, this charming duplex for sale offers a unique blend of historic charm and modern convenience. The property boasts two spacious units, each featuring two bedrooms and one bathroom. Unit A rents out for $1,350 per month and Unit B rents out for $1,650 per month ($3,000 total). This duplex is an ideal investment opportunity or a perfect place to call home for those starting out. Don't miss out on the chance to own a rental in booming Pitman, and if you do, next door at 407 N. Broadway is also for sale!
  • Special Features: None

Interior Features

  • Appliances: Dryer, Microwave, Oven/Range - Gas, Washer
  • Interior Amenities: Attic, Ceiling Fan(s), Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Block
  • Room Count: 5
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1820
  • Living Area Sq Ft: 1820
  • Price Per Sq Ft: 175.27
  • Above Grade Finished Sq Ft: 1820
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 401

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Exterior Features: Exterior Lighting, Street Lights
  • Spa: No
  • 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: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C
  • Electric Service: Knob And Tube
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

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

Lot Info

  • Lot Size Acres: 0.26
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11326.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2024
  • Zoning: RA

Rental Info

  • Existing Lease Type: Yearly
  • Rent Control: No
  • Total Actual Rent: 36000.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 7632.00
  • Assessor Parcel Number: 15-00109-00017
  • Tax Lot: 00017
  • Tax Total Finished Sq Ft: 1820
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 07/31/2025

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
Jul 31, 2025
Sold by
Hutton Mark J
Bought by
Hidden Peak Holdings Llc
Seller's Agent
Brian Eachus
Young Realty
Buyer's Agent
Brian Eachus
Young Realty
List Price
$375,000
Sold Price
$300,000
Premium/Discount to List
-$75,000
-20%
Views
169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.32%
Original Mortgage
$225,000
Outstanding Balance
$224,809
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$85,432

Purchase Details

Closed on
Oct 17, 2012
Sold by
Petro Edward L and Petro Carole R
Bought by
Edward L Petro Irrevocable Trust
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 Type Sale Price Title Company
Deed $300,000 Foundation Title
Deed $300,000 Foundation Title
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,000 New Conventional
Closed $225,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2025 07/31/25 Sold $300,000 -6.0% $165 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
06/12/2025 06/12/25 Price Changed $319,000 -1.8% $175 / Sq Ft
05/04/2025 05/04/25 Price Changed $325,000 -6.9% $179 / Sq Ft
04/16/2025 04/16/25 Price Changed $349,000 -2.8% $192 / Sq Ft
04/04/2025 04/04/25 Price Changed $359,000 -4.3% $197 / Sq Ft
03/21/2025 03/21/25 For Sale $375,000 +82.9% $206 / Sq Ft
12/30/2019 12/30/19 Sold $205,000 -6.8% $113 / Sq Ft View Prior Sale
10/19/2019 10/19/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $219,900 -- $121 / 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
2025 $7,632 $218,500 $59,000 $159,500
2024 $7,431 $218,500 $59,000 $159,500
2023 $7,431 $218,500 $59,000 $159,500
2022 $7,138 $218,500 $59,000 $159,500
2021 $7,670 $171,100 $40,000 $131,100
2020 $7,580 $171,100 $40,000 $131,100
2019 $7,402 $171,100 $40,000 $131,100
2018 $7,277 $171,100 $40,000 $131,100
2017 $6,615 $157,500 $40,000 $117,500
2016 $6,487 $157,500 $40,000 $117,500
2015 $6,313 $157,500 $40,000 $117,500
2014 $6,119 $157,500 $40,000 $117,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2054654

Bright MLS

APN: 15-00109-0000-00017