Price Reduction
Address
62 W Pitman Street, Penns Grove, NJ
Price
$ 125,000
Property Attributes
- MLS#NJSA2018884
- TypeSingle Family
- Listing Status ACTIVE
- CountySALEM
- CityPenns Grove
- AreaPenns Grove Boro
- NeighborhoodRiver Front
- Zip08069
- Style
- Year Built1940
- Taxes$ 4875
- Price$ 125,000
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1972
Data Source:
Bright MLS
Property Description
INVESTMENT OPPORTUNITY - This property offers strong potential for investors looking to add to their portfolio, renovate and resell, or create long-term rental income. Property is currently tenant occupied, which are paying $1,575 per month, making this an attractive opportunity for cash flow-focused investors. Additionally, the detached 3-car garage at the rear of the property offers additional rental income potential for storage, parking, workshop space, or tenant use. Being sold strictly as-is, buyers are responsible for conducting their own due diligence, and the seller makes no representations or guarantees regarding condition, zoning, permitted use, or potential income.
| Price History | |
|---|---|
| 5/12/2026 | Listed $150,000 |
| 5/19/2026 | 4$145,000 |
| 5/29/2026 | 4$140,000 |
| 7/8/2026 | 8$130,000 |
| 8/12/2026 | 4$125,000 |
General Features
| Living Area | 1972 |
|---|---|
| Sewer | Public Sewer |
| Heating | Radiator |
| Cooling | None |
| Possession | Immediate |
| Zoning | RESIDENTIAL |
| Garage Spaces | 3.00 |
| Architectural Style | Other |
| Construction Materials | Brick |
| School District | PENNS GROVE-CARNEYS POINT SCHOOLS |
| Year Built | 1940 |
| Levels | 3 |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Cool Fuel | None |
| Accessibility | None |
| County | SALEM |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | RIVER FRONT |
| Garage Y/N | Yes |
| Water Access Y/N | No |
| Other Structures | Above Grade,Below Grade |
| Full Baths | 1 |
| Status | ACTIVE |
| Directions | Continue on E Main St. Drive to W Pitman St 3 min (0.7 mi) Continue onto E Main St 0.3 mi Turn right onto Broad St 0.2 mi Turn left onto W Pitman St |
| City | PENNS GROVE |
| Disclosures | Owner RE Licensee |
| Senior Community Y/N | No |
| MLS Area | Penns Grove Boro (21708) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 0.00 |
| Tax Assessed Value | 86300.0 |
| Tax Annual Amount | 4875.0 |
| Structure Type | Detached |
| Condo/Coop Association fee Y/N | No |
| Bathrooms Count Main Level | 1.00 |
| Price Per Sq Ft Total AG | 63.39 |
| Acceptable Financing | Cash,Conventional,Other |
| Vacation Rental Y/N | No |
| Total SQFT | 1972 |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 00021 |
Interior Features
| Heating Fuel | Natural Gas |
|---|---|
| Basement | Unfinished |
| Hot Water | Natural Gas |
| Basement (Y/N) | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Above Grade Finished Area | 1972 |
| Half Baths | 1 |
| Central Air Y/N | No |
| Total Bedrooms | 3 |
| Below Grade Finished Area Unit Type | Square Feet |
| LivingAreaSource | Assessor |
| Below Grade Unfin Area Units | Square Feet |
| Below Grade Unfin SQFT Source | Assessor |
| Below Grade Finished Area Source | Assessor |
| Bedrooms Count All Upper Levels | 3 |
| Bedrooms Count Upper Level 1 | 3 |
| Bathrooms Half Main Level | 1 |
| Bathrooms Full Upper Level 1 | 1 |
| Bathrooms Full All Upper Levels | 1 |
| Bathrooms Count Upper Level 1 | 1.00 |
| Bathrooms Count All Upper Levels | 1 |
| Above Grade Finished Area Source | Assessor |
| Above Grade Finished Area Unit Type | Square Feet |
| Total Baths | 2 |
Exterior Features
| Pool | No Pool |
|---|---|
| Water Source | Public |
| Total Parking Spaces | 3 |
| Garage Features | Additional Storage Area |
| Type of Parking | Driveway,Detached Garage |
| Foundation Details | Permanent |
| Water View Y/N | No |
| Lot Dimensions | 20.40 x 0.00 |
| Lot Size Acres | 0.00 |
| Lot Size Source | Estimated |
| Waterfront Y/N | No |
| Land Assessed Value | 10600.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| # of Detached Garage Spaces | 3 |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 08069
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