62 W Pitman St Penns Grove, NJ 08069
Estimated payment $1,225/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,786 | $86,300 | $10,600 | $75,700 |
| 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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Foundation Title | |
| Quit Claim Deed | -- | Foundation Title | |
| Deed | $54,000 | Collegiate Title Corp | |
| Deed | $16,200 | -- | |
| Deed | $40,100 | -- | |
| Deed | $40,100 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $84,000 | New Conventional | |
| Closed | $84,000 | New Conventional | |
| Previous Owner | $85,300 | Unknown | |
| Previous Owner | $96,095 | Unknown |
Source: Bright MLS
MLS Number: NJSA2014102
APN: 08-00048-0000-00021
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