93 W Pitman St Penns Grove, NJ 08069
Estimated payment $1,140/month
Total Views
11,157
4
Beds
2
Baths
1,472
Sq Ft
$94
Price per Sq Ft
Highlights
- Cape Cod Architecture
- Eat-In Kitchen
- Dining Room
- No HOA
- Living Room
- Electric Baseboard Heater
About This Home
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 main-level bedroom and full bath offer convenience for multi-generational use or rental flexibility. Upstairs, three nice-size bedrooms, an additional full bath, and access to a walk-up attic present excellent expansion potential.
Finished elements include vinyl double-pane tilt-out windows and central heat & air; laundry facilities and a walk-in closet add to the practical layout. The partial, unfinished basement is ripe for storage or future development. Outside, enjoy a spacious backyard—ideal for outdoor living or added structures. New sidewalks, curbs, and street paving (2007) enhance the neighborhood, just 21⁄2 blocks from the Delaware River and near future riverfront development. Easy access to I-295, NJ Turnpike, and the Delaware Memorial Bridge.
Investor bonus: Tenant in place on a month-to-month lease; sold “as-is” with no warranties—buyer responsible for inspections, CO, and certifications. Strong upside with cosmetic updates and strategic renovation. Recent appraisal at $146K (2006). Historical sale at $84K in May 2022 yields immediate equity; current market estimates around $209K—translation: value-add upside close to $125K on full flip, or long-term rental income $2,200/month. Side utilities by Atlantic City Electric & South Jersey Gas. Zoned residential in Penns Grove-Carneys Point School District.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,553
Year Built
- Built in 1900
Lot Details
- 5,330 Sq Ft Lot
- Lot Dimensions are 41.00 x 130.00
Home Design
- Cape Cod Architecture
- Shake Siding
- Vinyl Siding
Interior Spaces
- 1,472 Sq Ft Home
- Property has 2.5 Levels
- Living Room
- Dining Room
- Unfinished Basement
- Partial Basement
- Eat-In Kitchen
Bedrooms and Bathrooms
Utilities
- Cooling System Utilizes Natural Gas
- Electric Baseboard Heater
- Natural Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00008
- Assessor Parcel Number 08-00009-00008
Map
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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 |
|---|---|---|---|---|
| 2024 | $4,937 | $92,100 | $11,600 | $80,500 |
| 2023 | $4,937 | $92,100 | $11,600 | $80,500 |
| 2022 | $4,759 | $92,100 | $11,600 | $80,500 |
| 2021 | $4,553 | $92,100 | $11,600 | $80,500 |
| 2020 | $4,613 | $92,100 | $11,600 | $80,500 |
| 2019 | $4,633 | $92,100 | $11,600 | $80,500 |
| 2018 | $4,224 | $104,700 | $19,600 | $85,100 |
| 2017 | $4,238 | $104,700 | $19,600 | $85,100 |
| 2016 | $4,078 | $104,700 | $19,600 | $85,100 |
| 2015 | $3,906 | $104,700 | $19,600 | $85,100 |
| 2014 | $3,863 | $104,700 | $19,600 | $85,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | For Sale | $139,000 | +65.5% | $94 / Sq Ft |
| 05/26/2022 05/26/22 | Sold | $84,000 | +2.4% | $57 / Sq Ft |
| 03/12/2022 03/12/22 | Pending | -- | -- | -- |
| 02/27/2022 02/27/22 | For Sale | $82,000 | -- | $56 / Sq Ft |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $84,000 | Landis Title | |
| Bargain Sale Deed | $100,000 | Independence Abstract & Titl | |
| Bargain Sale Deed | $86,990 | West Jersey Title Agency | |
| Executors Deed | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $115,700 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $112,000 | New Conventional | |
| Previous Owner | $80,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $83,230 | FHA | |
| Previous Owner | $52,000 | No Value Available |
Source: Public Records
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REMODELED HOME IS AVALABLE IMMEDIATELY.
Michael Shamberg BHHS DIVERSIFIED REALTY
Source: Bright MLS
MLS Number: NJSA2015538
APN: 08-00009-0000-00008
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