509 S Broadway Pitman, NJ 08071
Estimated Value: $357,838 - $392,000
--
Bed
--
Bath
2,055
Sq Ft
$182/Sq Ft
Est. Value
Highlights
- Colonial Architecture
- Eat-In Kitchen
- Radiator
- Wood Flooring
- Ceiling Fan
About This Home
As of April 2022Investment Opportunity!Victorian Duplex available in Pitman! Invest here and have 2 income streams from one purchase, or be an owner-occupant, and let collect the rent to pay your mortgage! The 1st floor unit offers a fully equipped eat-in Kitchen, Dining Room, Living Room, a full Bathroom, and two generously sized Bedrooms; The 2nd Floor unit offers a separate entrance, a full eat-in Kitchen, a Living Room, and Two Bedrooms, plus the 3rd the finished attic space, a possible family room, home office, or additional bedroom, plus plenty of storage space. The basement offers space for laundry, the mechanicals, and storage and has it's own entrance from outside. New natural gas boiler. Large yard, and very large parking area - plenty of space here!
Last Agent to Sell the Property
Keller Williams Hometown License #1222774 Listed on: 02/15/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,800
Year Built
- Built in 1905
Lot Details
- 0.32 Acre Lot
- Property is in average condition
Home Design
- Duplex
- Colonial Architecture
- Stone Foundation
- Frame Construction
- Asphalt Roof
Interior Spaces
- 2,055 Sq Ft Home
- Ceiling Fan
- Unfinished Basement
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Stove
- Built-In Microwave
Flooring
- Wood
- Carpet
Laundry
- Washer
- Gas Dryer
Parking
- 12 Open Parking Spaces
- 12 Parking Spaces
- Stone Driveway
- On-Street Parking
- Parking Lot
Schools
- Pitman Elementary School
- Pitman Middle School
- Pitman High School
Utilities
- Radiator
- 150 Amp Service
- 120/240V
- Natural Gas Water Heater
Listing and Financial Details
- Tax Lot 00002
- Assessor Parcel Number 15-00061-00002
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2022
Closed on
Apr 8, 2022
Sold by
Jjg Vacations Llc
Bought by
Morella John T
Seller's Agent
David Marcantuno
Keller Williams Hometown
Buyer's Agent
Juli Morella
Weichert Realtors-Mullica Hill
List Price
$300,000
Sold Price
$295,000
Premium/Discount to List
-$5,000
-1.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,960
Avg. Annual Appreciation
8.53%
Original Mortgage
$265,500
Outstanding Balance
$252,538
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$130,838
Purchase Details
Listed on
Mar 17, 2019
Closed on
Sep 4, 2019
Sold by
Lamb Kenneth D and Lamb Barbara U
Bought by
Jjg Vacations Llc
Seller's Agent
Christopher Valianti
RE/MAX Preferred - Mullica Hill
Buyer's Agent
Nestor Colon
Eliakim Realty Inc
List Price
$224,900
Sold Price
$212,000
Premium/Discount to List
-$12,900
-5.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.61%
Purchase Details
Closed on
Jan 26, 2004
Sold by
Hershey Christine
Bought by
Lamb Kenneth D and Lamb Barbara U
Purchase Details
Closed on
Nov 19, 2002
Sold by
Hershey Charles
Bought by
Hershey Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 30, 2002
Sold by
Keegan Kevin and Keegan Cheryl
Bought by
Hershey Charles and Hershey Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Pitman, NJ
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morella John T | $295,000 | Fidelity National Title | |
| Jjg Vacations Llc | $212,000 | None Available | |
| Lamb Kenneth D | $181,000 | Congress | |
| Hershey Christine | -- | -- | |
| Hershey Charles | $150,000 | Congress Title Corp |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morella John | $41,500 | |
| Open | Morella John T | $265,500 | |
| Previous Owner | Hershey Christine | $10,000 | |
| Previous Owner | Hershey Charles | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/08/2022 04/08/22 | Sold | $295,000 | -1.7% | $144 / Sq Ft |
| 02/28/2022 02/28/22 | Price Changed | $300,000 | 0.0% | $146 / Sq Ft |
| 02/28/2022 02/28/22 | For Sale | $300,000 | +1.7% | $146 / Sq Ft |
| 02/25/2022 02/25/22 | Pending | -- | -- | -- |
| 02/23/2022 02/23/22 | Off Market | $295,000 | -- | -- |
| 02/15/2022 02/15/22 | For Sale | $250,000 | +17.9% | $122 / Sq Ft |
| 09/25/2019 09/25/19 | Price Changed | $212,000 | 0.0% | $103 / Sq Ft |
| 09/05/2019 09/05/19 | Sold | $212,000 | -5.7% | $103 / Sq Ft |
| 07/30/2019 07/30/19 | Pending | -- | -- | -- |
| 04/01/2019 04/01/19 | For Sale | $224,900 | +6.1% | $109 / Sq Ft |
| 03/28/2019 03/28/19 | Off Market | $212,000 | -- | -- |
| 03/17/2019 03/17/19 | For Sale | $224,900 | -- | $109 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $8,169 | $240,200 | $52,800 | $187,400 |
| 2023 | $8,169 | $240,200 | $52,800 | $187,400 |
| 2022 | $7,847 | $240,200 | $52,800 | $187,400 |
| 2021 | $7,800 | $174,000 | $44,800 | $129,200 |
| 2020 | $7,708 | $174,000 | $44,800 | $129,200 |
| 2019 | $7,220 | $166,900 | $44,800 | $122,100 |
| 2018 | $7,098 | $166,900 | $44,800 | $122,100 |
| 2017 | $7,010 | $166,900 | $44,800 | $122,100 |
| 2016 | $6,875 | $166,900 | $44,800 | $122,100 |
| 2015 | $6,689 | $166,900 | $44,800 | $122,100 |
| 2014 | $6,484 | $166,900 | $44,800 | $122,100 |
Source: Public Records
Agents Affiliated with this Home
-
David Marcantuno
Seller's Agent in 2022
David Marcantuno
Keller Williams Hometown
(610) 220-9452
3 in this area
217 Total Sales
-
Juli Morella
Buyer's Agent in 2022
Juli Morella
Weichert Corporate
(856) 904-9280
4 in this area
75 Total Sales
-
Christopher Valianti
Seller's Agent in 2019
Christopher Valianti
RE/MAX
(856) 347-0052
51 in this area
279 Total Sales
-
Nestor Colon
Buyer's Agent in 2019
Nestor Colon
Eliakim Realty Inc
(215) 200-1089
26 Total Sales
Map
Source: Bright MLS
MLS Number: NJGL2011372
APN: 15-00061-0000-00002
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