402 WESLEY AVENUE
About This Property
The seller has fully moved out, and this charming Pitman home is ready for you to make it your own. **Seller is offering a $5,000 credit toward the buyer's closing costs!**
Welcome to charming **Pitman, NJ!** This beautifully maintained historic 2-bedroom, 1.5-bath home offers the perfect blend of classic character and modern updates. The updated kitchen, renovated bathrooms, **brand-new roof (approximately 3 months old)**, and upgraded **4-unit split mini system** make this home truly move-in ready.
Outside, enjoy the convenience of a **private driveway** and a **low-maintenance yard**, giving you your own outdoor space without the upkeep of a large property. There is also a shed for additional storage.
Ideally located just minutes from vibrant **Uptown Pitman**, you'll have easy access to fantastic dining, unique shopping, live entertainment, beautiful parks, scenic walking paths, and everything that makes this South Jersey community so special. Philadelphia is also just a short drive away for commuting, dining, entertainment, and city adventures.
The home and shed are being sold **as-is**. The seller has already secured the **Certificate of Occupancy (CO)**, helping provide added convenience and simplify the closing process. With a motivated seller ready to move forward, this is an excellent opportunity for a first-time buyer, downsizer, or investor looking for a beautifully updated home in a desirable location.
**Don't miss your opportunity to make this charming Pitman home yours! Schedule your showing today.**
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 10, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Price Decreased |
$289,999
↓ $6K
(2%) | |
| Price Decreased | |||
| Aug 10, 2026 | Price Decreased |
$295,999
↓ $3K
(1%) | |
| Price Decreased | |||
| Jul 12, 2026 | Price Decreased |
$299,000
↓ $6K
(2%) | |
| Price Decreased | |||
| Jul 12, 2026 | Relisted | $305,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017