NOT LISTED FOR SALE

78 West Ave Pitman, NJ 08071

Estimated Value: $197,000

0.06 Acre
$3,283,333 Price per Acre
2,492 Sq Ft Lot

Last Sold September 28, 2023

Last sale price $37,000

Est. 432% increase in value since last sale

Current estimated payment $1,306/month

234 Days on Market

About This Lot

As of September 2023

Price reduced! Welcome to Pitman Grove! This lot that you can build your dream house on is ready to be yours! Close to downtown Pitman---Enjoy the shops and restaurants on Broadway, or grab a coffee in the morning or a cocktail at night! Make this lot your home sweet home, today! Vacant lot located in the historic section of Pitman Grove ready for you to build. New construction MUST conform to Pitman's historical commission requirements. Bring offers!!!

Last Agent to Sell the Property

George Smith

World Net Realty/SJ License #8030834 Listed on: 01/06/2023

Last Buyer's Agent

Oluwatoyin Olaoluwa

Homestarr Realty

Homestarr Realty

Property Details

Property Type

  • Land

Lot Details

  • 2,492 Sq Ft Lot
  • Lot Dimensions are 30.00 x 83.00

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association
  • Pitman Grove Subdivision

Listing and Financial Details

  • Tax Lot 00003
  • Assessor Parcel Number 15-00188-00003

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Land
  • Ownership: Fee Simple
  • Current Use: Residential
  • Automatically Close On Close Date: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Sq Ft: 18.02
  • Street Number Modifier: 78

Exterior Features

  • Construction Completed: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 30.00 x 83.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2492.00
  • Year Assessed: 2022
  • Zoning: RES
  • Farmland Preservation: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2992.00
  • Assessor Parcel Number: 15-00188-00003
  • Tax Lot: 00003
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 09/28/2023

MLS Schools

  • School District Name: PITMAN BORO PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Sep 20, 2023
Sold by
Federal Home Loan Mtg Corp
Bought by
Bancrest Realty Investment Llc
Seller's Agent
George Smith
World Net Realty/SJ
Buyer's Agent
Oluwatoyin Olaoluwa
Homestarr Realty
List Price
$44,900
Sold Price
$37,000
Premium/Discount to List
-$7,900
-17.59%
Views
449
Current Estimated Value
$197,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,000

Purchase Details

Closed on
Apr 27, 2022
Sold by
Sheriff Of The County Of Gloucester
Bought by
Federal Home Loan Mortgage Corporation and Bank Of America Na

Purchase Details

Closed on
Jun 24, 2002
Sold by
Chandler Lee B and Chandler Jessica S
Bought by
Moore Kathleen E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
6.92%

Purchase Details

Closed on
Oct 30, 2000
Sold by
Stecher Daniel M
Bought by
Chandler Lee B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,282
Interest Rate
7.76%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Bancrest Realty Investment Llc $37,000 Simplifile
Federal Home Loan Mortgage Corporation $68,095 Mccalla Raymer Leibert Pierce
Moore Kathleen E $65,000 --
Chandler Lee B $59,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moore Kathleen E $27,000
Previous Owner Moore Kathleen E $61,750
Previous Owner Chandler Lee B $58,282
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2023 09/28/23 Sold $37,000 -17.6% --
08/28/2023 08/28/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $44,900 +21.4% --
08/06/2023 08/06/23 Off Market $37,000 -- --
08/04/2023 08/04/23 For Sale $44,900 0.0% --
07/24/2023 07/24/23 Pending -- -- --
06/19/2023 06/19/23 Price Changed $44,900 -10.0% --
03/23/2023 03/23/23 Price Changed $49,900 -16.7% --
02/23/2023 02/23/23 Price Changed $59,900 -14.3% --
01/06/2023 01/06/23 For Sale $69,900 -- --
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
2024 $3,115 $27,900 $27,900 $0
2023 $3,115 $91,600 $27,900 $63,700
2022 $2,993 $91,600 $27,900 $63,700
2021 $3,882 $86,600 $24,900 $61,700
2020 $3,836 $86,600 $24,900 $61,700
2019 $3,746 $86,600 $24,900 $61,700
2018 $3,683 $86,600 $24,900 $61,700
2017 $3,637 $86,600 $24,900 $61,700
2016 $3,567 $86,600 $24,900 $61,700
2015 $3,471 $86,600 $24,900 $61,700
2014 $3,364 $86,600 $24,900 $61,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJGL2024872

Bright MLS

APN: 15-00188-0000-00003