$154,999

62 W Pitman St Penns Grove, NJ 08069

Estimated payment $1,255/month

Total Views 38,631
3 Beds
1.5 Baths
1,972 Sq Ft
$79 Price per Sq Ft

About This Home

Turnkey investment or a place to call home! This 3-bedroom, 1.5-bath property comes with an enclosed porch and a 4-car detached garage, offering incredible income potential. Currently tenant-occupied with long-standing renters in place, ensuring immediate rental income. The garages are also leased, adding extra value.Whether you're looking to expand your portfolio or settle into a solid home, this property delivers. Don’t miss out on this high-demand opportunity!Can be sold as a package with 51 E Griffith St Penns Grove NJ 08069

Listing Agent

Mr. Russell Kubach

Opus Elite Real Estate License #RS350163 Listed on: 03/10/2025

Opus Elite Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,786

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 20.40 x 0.00

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Permanent Foundation

Interior Spaces

  • 1,972 Sq Ft Home
  • Property has 3 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • River Front Subdivision

Listing and Financial Details

  • Tax Lot 00021
  • Assessor Parcel Number 08-00048-00021

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,786

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Remarks Public: Turnkey investment or a place to call home! This 3-bedroom, 1.5-bath property comes with an enclosed porch and a 4-car detached garage, offering incredible income potential. Currently tenant-occupied with long-standing renters in place, ensuring immediate rental income. The garages are also leased, adding extra value. Whether you're looking to expand your portfolio or settle into a solid home, this property delivers. Don’t miss out on this high-demand opportunity! Can be sold as a package with 51 E Griffith St Penns Grove NJ 08069
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Foundation Details: Permanent
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 1972
  • Living Area Sq Ft: 1972
  • Price Per Sq Ft: 78.60
  • Above Grade Finished Sq Ft: 1972
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 62

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Upper Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • 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: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • 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

Schools

  • School District: PENNS GROVE-CARNEYS POINT SCHOOLS
  • School District Key: 300200397143
  • School District Source: Listing Agent

Lot Info

  • Lot Dimensions: 20.40 x 0.00
  • Lot Size Units: Square Feet
  • Year Assessed: 2024
  • Zoning: RESIDENTIAL

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4786.00
  • Assessor Parcel Number: 08-00048-00021
  • Tax Lot: 00021
  • Tax Total Finished Sq Ft: 1972
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PENNS GROVE-CARNEYS POINT SCHOOLS

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





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
2024 $4,626 $86,300 $10,600 $75,700
2023 $4,626 $86,300 $10,600 $75,700
2022 $4,459 $86,300 $10,600 $75,700
2021 $4,267 $86,300 $10,600 $75,700
2020 $4,323 $86,300 $10,600 $75,700
2019 $4,341 $86,300 $10,600 $75,700
2018 $1,444 $35,800 $18,000 $17,800
2017 $1,449 $35,800 $18,000 $17,800
2016 $1,394 $35,800 $18,000 $17,800
2015 $1,336 $35,800 $18,000 $17,800
2014 $1,321 $35,800 $18,000 $17,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 Price Changed $154,999 -3.1% $79 / Sq Ft
05/20/2025 05/20/25 Price Changed $159,999 -3.0% $81 / Sq Ft
04/16/2025 04/16/25 Price Changed $164,999 -2.9% $84 / Sq Ft
03/10/2025 03/10/25 For Sale $169,999 +214.8% $86 / Sq Ft
10/18/2021 10/18/21 Sold $54,000 -22.7% $27 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/28/2021 08/28/21 For Sale $69,900 -- $35 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Foundation Title
Deed $54,000 Collegiate Title Corp
Deed $16,200 --
Deed $40,100 --
Deed $40,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,000 New Conventional
Previous Owner $85,300 Unknown
Previous Owner $96,095 Unknown
Source: Public Records

Similar Homes in Penns Grove, NJ

  • 268 Market St, Penns Grove, NJ 08069

    $155,000

    • 3 Beds
    • 1 Bath
    • 1,474 Sq Ft
    • 268 Market St
    • Penns Grove, NJ

    Your next move starts here: 268 Market St, Carneys Point!Welcome to this bright & inviting 3‐bedroom ranch home, ideally designed for first‐time buyers or investors. Boasting an efficient floorplan, this residence offers a perfect canvas for customization—and a smart opportunity for either a fix‐and‐hold rental or a fix‐and‐flip project.Features include a separate cozy sunroom - filled

    Christine Hooks Pino Agency

    Section Image
  • 93 W Pitman St, Penns Grove, NJ 08069

    $139,000

    • 4 Beds
    • 2 Baths
    • 1,472 Sq Ft
    • 93 W Pitman St
    • Penns Grove, NJ

    Bulk transaction / fix & flip / rental opportunity!Welcome to this solid, 4-bedroom, 2-full-bath colonial residence of approx. 1,500 sq ft, situated on a deep 41×130′ lot in Penns Grove. Built circa 1900, the home features an enclosed sunporch, spacious living and dining rooms, and a large eat-in kitchen on the first floor—complete with new stove, dishwasher, and fresh paint throughout. A

    Ronnie Glomb Your Town Realty

    Section Image
  • 46 Penn St, Penns Grove, NJ 08069

    $170,000

    • 3 Beds
    • 2 Baths
    • 1,440 Sq Ft
    • 46 Penn St
    • Penns Grove, NJ

    Charming & Spacious Home in Penns Grove – 46 Penn StWelcome to 46 Penn St, a delightful home in the heart of Penns Grove, NJ! This incredible property offers 3 bedrooms and 2 bathrooms, providing a comfortable and inviting living space. Enjoy a bright and airy layout, a modern kitchen and a cozy living area perfect for relaxing or entertaining.Step outside to a front porch ideal for

    BRETT NEAL Shoreside Realty, LLC.

    Section Image
  • 27 Penn St, Penns Grove, NJ 08069

    $169,900

    • 3 Beds
    • 2 Baths
    • 1,649 Sq Ft
    • 27 Penn St
    • Penns Grove, NJ

    **Cozy Cape Cod with 2-3 Bedrooms, 2 Full Baths, and One-Car Garage****Perfectly Priced and Ready for You to Make Your Own!**This charming Cape Cod home, set on a beautifully maintained lot, blends comfort and value effortlessly. The low-maintenance brick and aluminum exterior, complemented by a welcoming 14' x 8' covered front porch, creates a warm and inviting first impression.

    JANE HOFFMAN Jane Hoffman Realty, LLC

    Section Image
  • 113 N Broad St, Penns Grove, NJ 08069

    $184,900

    • 2 Beds
    • 1 Bath
    • 728 Sq Ft
    • 113 N Broad St
    • Penns Grove, NJ

    Welcome Home to 113 N Broad Street. A Newly Renovated Home featuring 2 Beds and 1 Bath. Renovations include a New Roof with a complete tear off and a Warranty. Brand new Kitchen Cabinets, Counters, Recessed lighting and Complete Stainless Steel Appliance Package including Microwave. Brand new Bathroom, Tub ,Toilet, Vanity. Laundry room with Brand new Washer and Dryer also serves as a Mud Room

    Ken Stets Prime Realty Partners

    Section Image
  • 127 N Broad St, Penns Grove, NJ 08069

    $165,000

    • 2 Beds
    • 1.5 Baths
    • 1,050 Sq Ft
    • 127 N Broad St
    • Penns Grove, NJ

    Step into comfort and style at this fully renovated 2-bedroom, 1.5-bath home located at 127 N Broad St in Penns Grove. This charming property features a brand-new kitchen with modern finishes, perfect for everyday living and entertaining. Fresh flooring and paint throughout give the interior a clean, updated look. The bathrooms have been redone, offering a stylish and comfortable feel. With a new

    Kate Henderson Keller Williams Hometown

    Section Image
  • 124 Penn St, Penns Grove, NJ 08069

    $179,900

    • 3 Beds
    • 2 Baths
    • 1,205 Sq Ft
    • 124 Penn St
    • Penns Grove, NJ

    Charming 3-Bedroom Home on a Corner Lot Near the WaterWelcome to your dream home! Nestled on a spacious corner lot just moments from the water, this beautifully maintained 3-bedroom, 2-bathroom residence offers the perfect blend of comfort, privacy, and convenience.Step inside to find a warm and inviting living space with plenty of natural light, an open-concept layout, and a

    Ernest Butler Keller Williams Realty - Cherry Hill

    Section Image
  • 68 E Harmony St, Penns Grove, NJ 08069

    $150,000

    • 3 Beds
    • 2 Baths
    • 1,237 Sq Ft
    • 68 E Harmony St
    • Penns Grove, NJ

    This property is located in Penns Grove, New Jersey and offers a great opportunity for someone looking to take on a project. The single-family home includes three bedrooms and two full bathrooms, along with a family room and an eat-in kitchen. There is also an unfinished basement, providing additional storage or potential for future use. Upstairs, the home features unique lofted ceilings that

    Fitzgerald Williams EXP Realty, LLC

    Section Image

Source: Bright MLS

MLS Number: NJSA2014102

Bright MLS

APN: 08-00048-0000-00021