$334,500
●
House -
Off Market
351 W JERSEY AVE
PITMAN, NJ 08071
4 Beds
4 Baths,
1
Half Bath
2,988 Ft²
$505,858
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
REDUCED AND PRICED TO SELL IMMEDIATELY. BRING AN OFFER. Located in
the heart of Pitman, awaits a completely remodeled 4 bed 3 bath
gem, just walking distance from all downtown eateries, shopping,
theater, and breweries. This 3000 sq. ft home offers a media room
adorn with its own kitchen and full bath, that can also be used as
your new in-law suite. The kitchen has been entirely remodeled with
2 tier countertops, stainless steel appliances, and a breakfast
bar. The family and living rooms are completed with a 2 way gas
fireplace for that extra touch. Upstairs await 2 nicely sized
bedrooms with a newly renovated full bath. Your oversized master
bedroom, with its vaulted ceilings, large walk-in closet, and
custom on-suite bath, is the ideal space you have been searching
for recently. The fully finished basement is fully carpeted and
offers an additional laundry area and central vac system throughout
the whole home. This one will not last long!
Unit Size
2,988 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$115
Property Type
House
Property Taxes
$926
HOA Dues
-
Year Built
1991
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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: 4 years ago (Bright MLS #NJGL241006)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 12, 2019 | Sold | ||
| Sold | |||
| May 15, 2019 | Listed by Hometown Real Estate Group | $345,000 | |
| Listed by Hometown Real Estate Group | |||
| Nov 9, 2018 | Sold | ||
| Sold | |||
| May 27, 2018 | Listed by Realty Mark Advantage | $149,900 | |
| Listed by Realty Mark Advantage | |||
| | |||
|
Welcome to Pitman area walking distance to uptown area with entertainment, restaurants and shopping. Home features a main residence with business area or in-law suite potential with separate entries, one having a ramp. The main resident features center entry, first floor large kitchen, breakfast area, den area with fireplace, powder room, living room with another fireplace with deck exiting wrap-around. The 2nd floor hallway is a spacious circular hallway to all rooms with 3 bedrooms with full closets. The spacious master bedroom has a nice size walk-in closet and full natural lit bathroom. The commercial area 20 x 18 has separate electric and gas utilizes, storage room and half bathroom for customers. Includes the circular business parking, access ramp entry to the commercial portion.
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Property Highlights
Air Conditioning
Fireplace
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 Galante
Hometown Real Estate Group
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJGL241006
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.
Hometown Real Estate Group
Last Updated: 7 hours ago
Data Source: Bright MLS , MLS# NJGL241006
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017