$350,000
●
House -
Off Market
22 ELM AVENUE
PITMAN, NJ 08071
4 Beds
2 Baths
1,860 Ft²
$2,471
Est. Monthly
7.71%
Cap Rate
About This Property
Nestled in the heart of historic Pitman, this meticulously
maintained 4-bedroom, 2 full bath home combines timeless character
with modern convenience. Enjoy the vibrant downtown life with
premier breweries, cafes, the Broadway Theatre, and shopping all
within walking distance.
Step inside to a spacious sitting room, complemented by an inviting office/sunroom. The elegant dining room seamlessly connects to a well-appointed kitchen, and adjacent laundry/mudroom. An additional family room provides ample space for gatherings.
Upstairs, find 3 generously sized bedrooms plus a versatile 4th bonus room, perfect as a bedroom or home office. Outside, a fully fenced yard offers a safe haven for activities and pets, alongside an oversized detached garage. This home also features a driveway on both sides of the home.
Don't miss out on this rare gem in Pitman's prime location!
Step inside to a spacious sitting room, complemented by an inviting office/sunroom. The elegant dining room seamlessly connects to a well-appointed kitchen, and adjacent laundry/mudroom. An additional family room provides ample space for gatherings.
Upstairs, find 3 generously sized bedrooms plus a versatile 4th bonus room, perfect as a bedroom or home office. Outside, a fully fenced yard offers a safe haven for activities and pets, alongside an oversized detached garage. This home also features a driveway on both sides of the home.
Don't miss out on this rare gem in Pitman's prime location!
Unit Size
1,860 Ft²
Days on Market
57 days
Land Size
0.35 acres
Price per sqft
$188
Property Type
House
Property Taxes
$752
HOA Dues
-
Year Built
1935
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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: 2 years ago (Bright MLS #NJGL2052586)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| Mar 27, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | Relisted | $350,000 | |
| Relisted | |||
| Jan 30, 2025 | Listed | $350,000 | |
| Listed | |||
| | |||
|
Nestled in the heart of historic Pitman, this meticulously maintained 4-bedroom, 2 full bath home combines timeless character with modern convenience. Enjoy the vibrant downtown life with premier breweries, cafes, the Broadway Theatre, and shopping all within walking distance.
Step inside to a spacious sitting room, complemented by an inviting office/sunroom. The elegant dining room seamlessly connects to a well-appointed kitchen, and adjacent laundry/mudroom. An additional family room provides ample space for gatherings.
Upstairs, find 3 generously sized bedrooms plus a versatile 4th bonus room, perfect as a bedroom or home office. Outside, a fully fenced yard offers a safe haven for activities and pets, alongside an oversized detached garage. This home also features a driveway on both sides of the home.
Don't miss out on this rare gem in Pitman's prime location!
| |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Pitman
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Listed by: Jason M Galante
Real Broker, LLC
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# NJGL2052586
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: 2 hours ago
Data Source: Bright MLS , MLS# NJGL2052586
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