$420,000
SOLD AUG 15, 2025

407 N Broadway Pitman, NJ 08071

-- Bed
-- Bath
2,885 Sq Ft
9,300 Sq Ft Lot

Recently Sold

$146 Per Sq Ft

1% Above List Price

94 Days on Market

Highlights

  • Colonial Architecture
  • Porch
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of August 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 3 bedrooms and 1 bathroom and an extra room that could count as an additional one. Both units rent out for $1,900 each per month ($3,800 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 401 N. Broadway is also for sale!

Last Agent to Sell the Property

Brian Eachus

Young Realty License #0903247 Listed on: 03/21/2025

Young Realty

Last Buyer's Agent

Anthony Wilson

Agent06 LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,298

Year Built

  • Built in 1900

Lot Details

  • 9,300 Sq Ft Lot
  • Lot Dimensions are 62.00 x 150.00

Parking

  • Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 2,885 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Porch

Schools

  • Pitman High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for lawn/shrub care
  • Tax Lot 00016
  • Assessor Parcel Number 15-00109-00016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,298

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • 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 3 bedrooms and 1 bathroom and an extra room that could count as an additional one. Both units rent out for $1,900 each per month ($3,800 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 401 N. Broadway is also for sale!
  • Special Features: None

Interior Features

  • Appliances: Washer, Refrigerator, Oven/Range - Gas, Dryer
  • Flooring Type: Hardwood
  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Foundation Details: Block
  • Room Count: 7
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Total Sq Ft: 2885
  • Living Area Sq Ft: 2885
  • Price Per Sq Ft: 138.30
  • Above Grade Finished Sq Ft: 2885
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 407

Exterior Features

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

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • 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
  • High School: PITMAN
  • High School Source: Listing Agent
  • School District Key: 300200396141
  • School District Source: Listing Agent
  • High School: PITMAN

Lot Info

  • Lot Size Acres: 0.21
  • Lot Dimensions: 62.00 x 150.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 9300.00
  • Outdoor Living Structures: Porch(es)
  • Year Assessed: 2024
  • Zoning: RA

Rental Info

  • Owner Pays: Lawn/Shrub Care
  • Rent Control: No
  • Total Actual Rent: 45600.00
  • Units Leased Count: 2
  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 9298.00
  • Assessor Parcel Number: 15-00109-00016
  • Tax Lot: 00016
  • Tax Total Finished Sq Ft: 2885
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024
  • Close Date: 08/15/2025

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
Aug 15, 2025
Sold by
Hutton Mark
Bought by
Lightfoot Pierce
Seller's Agent
Brian Eachus
Young Realty
Buyer's Agent
Anthony Wilson
Agent06 LLC
List Price
$415,000
Sold Price
$420,000
Premium/Discount to List
$5,000
1.2%
Views
70

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-33.04%
Original Mortgage
$336,000
Outstanding Balance
$336,000
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$70,737

Purchase Details

Closed on
Dec 14, 2021
Sold by
Petro Robert E and Camporeale Debra L
Bought by
Hutton Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2012
Sold by
Petro Edward L and Petro Carole R
Bought by
Petro Robert E and Edward L Petro Irrevocable Tru
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 $420,000 None Listed On Document
Deed $420,000 None Listed On Document
Deed $210,000 Fidelity National Ttl Ins Co
Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $336,000 New Conventional
Closed $336,000 New Conventional
Previous Owner $157,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Sold $420,000 +5.3% $146 / Sq Ft
08/09/2025 08/09/25 Price Changed $399,000 0.0% $138 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
06/12/2025 06/12/25 Price Changed $399,000 -3.9% $138 / Sq Ft
06/08/2025 06/08/25 For Sale $415,000 0.0% $144 / Sq Ft
06/08/2025 06/08/25 Price Changed $415,000 0.0% $144 / Sq Ft
05/02/2025 05/02/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $415,000 0.0% $144 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
03/21/2025 03/21/25 For Sale $415,000 -- $144 / 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 $9,298 $266,200 $56,500 $209,700
2024 $9,053 $266,200 $56,500 $209,700
2023 $9,053 $266,200 $56,500 $209,700
2022 $8,697 $266,200 $56,500 $209,700
2021 $9,405 $209,800 $43,700 $166,100
2020 $9,294 $209,800 $43,700 $166,100
2019 $9,076 $209,800 $43,700 $166,100
2018 $8,923 $209,800 $43,700 $166,100
2017 $8,812 $209,800 $43,700 $166,100
2016 $8,642 $209,800 $43,700 $166,100
2015 $8,409 $209,800 $43,700 $166,100
2014 $8,151 $209,800 $43,700 $166,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2054656

Bright MLS

APN: 15-00109-0000-00016