$230,000
●
House -
Off Market
186 SOUTHWEST AVENUE
PITMAN, NJ 08071
3 Beds
1 Bath
1,036 Ft²
$1,469
Est. Monthly
About This Property
Welcome to 186 Southwest Ave, a well maintained 3 bedroom, 1
bathroom home located just steps from the vibrant energy of
downtown Pitman. Enjoy the convenience of being walking distance to
local shops, restaurants, cafes, theaters, and all the charm this
beloved town has to offer.
Inside, you'll find a bright and inviting layout with generous living space, a well-appointed kitchen, and three comfortable bedrooms. The basement provides plenty of room for storage.
Outside, enjoy a cozy yard (one of the bigger yards in the area), perfect for relaxing or entertaining. Plenty of parking, having room for 4 cars on the side of the house. With its prime location, friendly community atmosphere, and walkable surroundings, this property offers the ideal blend of comfort and convenience. Newer HVAC , washer and dryer and updates made throughout. Schedule a showing today to tour this superb rental!
Inside, you'll find a bright and inviting layout with generous living space, a well-appointed kitchen, and three comfortable bedrooms. The basement provides plenty of room for storage.
Outside, enjoy a cozy yard (one of the bigger yards in the area), perfect for relaxing or entertaining. Plenty of parking, having room for 4 cars on the side of the house. With its prime location, friendly community atmosphere, and walkable surroundings, this property offers the ideal blend of comfort and convenience. Newer HVAC , washer and dryer and updates made throughout. Schedule a showing today to tour this superb rental!
Unit Size
1,036 Ft²
Days on Market
-
Land Size
-
Price per sqft
$222
Property Type
House
Property Taxes
$340
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: 8 days ago (Bright MLS #NJGL2078390)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 28, 2026 | Sold | ||
| Sold | |||
| Sep 14, 2026 | Listed by Ovation Realty LLC | $230,000 | |
| Listed by Ovation Realty LLC | |||
| Oct 31, 2025 | Price Decreased |
$260,000
↓ $15K
(5.5%) | |
| Price Decreased | |||
| Oct 27, 2025 | Price Increased |
$275,000
↑ $45K
(19.6%) | |
| Price Increased | |||
| Oct 17, 2025 | Relisted | $230,000 | |
| Relisted | |||
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Property Highlights
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
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Sold On
Sold On
HOA + Taxes
About Pitman
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Listed by: Linda Hughes
Ovation Realty LLC
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJGL2078390
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.
Ovation Realty LLC
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJGL2078390
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017