$145,000
●
House -
Off Market
103 1ST AVE
PITMAN, NJ 08071
1 Bed
1 Bath
472 Ft²
$614
Est. Monthly
About This Property
Welcome to this "tiny house" located in the heart of historic
Pitman Grove, NJ, a perfect blend of affordable living and classic
charm. This home offers a unique living experience with its
efficient use of space. Ideal if you are looking to embrace a
minimalist lifestyle without sacrificing your wallet. Nestled in a
picturesque neighborhood, this home is just a short walk from the
vibrant Uptown Pitman, with its array of shops, restaurants, and
entertainment options. Enjoy the convenience of urban living
combined with the peace of a quiet, friendly community. Make
the necessary repairs and finishes of your choice and this "tiny
house" will maximize every inch of its footprint. First-time
homebuyer? Call me and let me educate you on how you can finance
the repairs in your loan. With a "tiny" bit of love, this "tiny
house" can be yours for a "tiny" price.
Unit Size
472 Ft²
Days on Market
21 days
Land Size
0.02 acres
Price per sqft
$265
Property Type
House
Property Taxes
$229
HOA Dues
-
Year Built
1900
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Bright MLS #NJGL2041702)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 27, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | In contract | - | |
| In contract | |||
| Apr 22, 2024 | Listed by Real Broker, LLC | $124,900 | |
| Listed by Real Broker, LLC | |||
| Jun 9, 2017 | Sold | ||
| Sold | |||
| Sep 23, 2016 | Listed by Keller Williams Realty - Washington Township | $69,999 | |
| Listed by Keller Williams Realty - Washington Township | |||
| | |||
|
Enjoy old world charm with a modern makeover in this adorable and very affordable home in desirable Pitman. Just move right into this cozy gem! Home is in excellent condition and shows true pride of ownership. This freshly painted home has been revamped down to the studs including updated kitchen (with exposed beams) and bath, newer roof, windows, doors, flooring, appliances, electric & heater. Nestled in the heart of the Grove, you'll enjoy spending time outdoors as much as indoors - relax on the quaint front porch (with storage above porch), dine on the backyard patio or enjoy a nice stroll down the center of town. So close to all the shops and restaurants. Why rent or settle for a condo when you can own a single family home with low utility bills and no association fees! This home is ready to make it yours. Don't delay, call today!
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Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Pitman
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Listed by: Julie Cicali
Real Broker, LLC
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJGL2041702
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, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information 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 the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Real Broker, LLC
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# NJGL2041702
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