8 months on rocket

89 W Pitman St, Penns Grove, NJ, 08069

$214,900

Home List Price

$2,552*

Closing Credit

0 Baths
2,760 SqFt
$78/SqFt
Multi
Schools Nearby

Location

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89 W Pitman St, Penns Grove$214,900

Buyer Closing Credits

$2,552*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1910
HeatingCentral
CoolingNone
MLS #NJSA2008608
Lot Size0.15 Acres
StatusActive
(ACTIVE)

About 89 W Pitman St

Opportunity Knocks ! Manufactured side-by-side duplex. 2- 4 bedroom/one bathroom units. Currently each unit is bringing in $1,000 a door, which is significantly under market. Hud fair market rent for 2023 in this zip code is $1,990 a door, this would bring a total of $3,980 of gross rent for the property = High Cash Flow. Amazon warehouses are popping up, throughout Salem County, rentals are in high demand. Property is professionally managed by local management company, all reports available upon request. This property is part of a portfolio package, which includes 537 Park Drive Vineland ( duplex & building lot) 413 N 3rd st Millville ( duplex ) 216 S 3rd Millville ( SFH ) 28 Chestnut street Salem ( SFH ) 89-91 W Pitman st PennsGrove ( duplex ) the total asking price for this package is $929,900. Serious investors only, buyers will be vetted before any showings.

Property Details

Property Features

Property Information:

  • Architectural Style: A-Frame
  • Year Built: 1910
  • Living Area: 2,760 SqFt

Listing Office:

  • Office Name: Tesla Realty Group LLC
  • Office Phone: (844) 837-5274
  • Listing Agent: Francesco L Pullella

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: None

School Info

Assigned Schools Information:

  • Penns Grove High School, Public District Grades 9-12
  • Penns Grove Middle School, Public District Grades 6-8
  • P. W. Carleton School, Public District Grades 4-5

Other

Directions Information:

  • Directions: use gps

Municipality:

  • Penns Grove Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $214,900
  • Price Per SqFt: $78/SqFt
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Housing Market Comparison

See how this home compares to others in Penns Grove, NJ.

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Penns Grove, NJ

City

Med. Sold Price

$200K

Med. Price/SqFt

$159

Avg. Days On Market

43

# of Sold Homes

11

89 W Pitman St vs Penns Grove

245 DAYS ON ROCKET

+202 Days

$214,900

+$14.9K More

$78/SqFt

-$82 Less

KEY TAKEAWAY

This property is $14.9K more than the Median Sold Price and $82/SqFt less than other homes in Penns Grove, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJSA2008608

Listing Office:

  • Office Name: Tesla Realty Group LLC
  • Office Phone: (844) 837-5274
  • Listing Agent: Francesco L Pullella

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:10:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,140

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1950433
3
/10

  • P. W. Carleton School

  • 251 E Maple Ave

  • 1.04 miles

  • Public District Grades 4-5

Middle School

school-card-donut-1950434
2
/10

  • Penns Grove Middle School

  • 351 E Maple Ave

  • 1.07 miles

  • Public District Grades 6-8

High School

school-card-donut-1950435
3
/10

  • Penns Grove High School

  • 334 Harding Hwy

  • 1.47 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,268. Most Penns Grove, NJ residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Salem County›Penns Grove›08069›89 W Pitman St

This home is located at 89 W Pitman St in Penns Grove, NJ and zip code 08069. This 2,760 square foot home, which was built in 1910, sits on a 0.15 acre lot. It has been listed on Rocket Homes since August 27, 2023 and is currently priced at $214,900.

Penns Grove, NJ housing market in March 2024 saw over 5 listings sold above listed price, more than 1 sold at listed price and over 5 sold below. In March 2024 in Penns Grove, NJ there were 4.3% more homes for sale than in February 2024. Listings spent 43 days on the market in March 2024, and had a median list price of $200,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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