$285,000
●
House -
Off Market
514 WESLEY AVE
PITMAN, NJ 08071
3 Beds
1 Bath
1,160 Ft²
$1,326
Est. Monthly
About This Property
DAY BEFORE NOTICE ONLY OWNER WORKS FROM HOME!
The charming home at 514 Wesley Ave in Pitman is truly deceiving from the front!! This adorable home starts with the beautiful curb appeal and enclosed front porch. The living room of this home begins your tour with gorgeous, original hardwood floors that carry throughout this floor. Dining Room offers a great space for entertaining and leads you to the fantastic kitchen with oak cabinetry, tile backsplash and tile flooring. The main floor offers a full bedroom, currently being used as a home office. A full bathroom along with a bonus space that is currently used an art studio completes this floor. The bonus space leads you to the second floor of this home featuring the main bedroom with large walk-in closet and a third bedroom with decent closet space. The basement of this home offers a bar for friendly gathering along with laundry and storage. The deck of this home offers some privacy with a custom railing. This home has been well maintained roof 2019, HVAC 2022, Hot water Heater 2020 AND Sewer Line complete replaced out to the road!! Walking distance to lovely downtown Pitman makes this home the perfect starter home or a fantastic home to downsize into!!!
The charming home at 514 Wesley Ave in Pitman is truly deceiving from the front!! This adorable home starts with the beautiful curb appeal and enclosed front porch. The living room of this home begins your tour with gorgeous, original hardwood floors that carry throughout this floor. Dining Room offers a great space for entertaining and leads you to the fantastic kitchen with oak cabinetry, tile backsplash and tile flooring. The main floor offers a full bedroom, currently being used as a home office. A full bathroom along with a bonus space that is currently used an art studio completes this floor. The bonus space leads you to the second floor of this home featuring the main bedroom with large walk-in closet and a third bedroom with decent closet space. The basement of this home offers a bar for friendly gathering along with laundry and storage. The deck of this home offers some privacy with a custom railing. This home has been well maintained roof 2019, HVAC 2022, Hot water Heater 2020 AND Sewer Line complete replaced out to the road!! Walking distance to lovely downtown Pitman makes this home the perfect starter home or a fantastic home to downsize into!!!
Unit Size
1,160 Ft²
Days on Market
38 days
Land Size
0.07 acres
Price per sqft
$233
Property Type
House
Property Taxes
$586
HOA Dues
-
Year Built
1930
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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 #NJGL2045626)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 16, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Aug 3, 2024 | Listed by RE/MAX Preferred - Mullica Hill | $269,900 | |
| Listed by RE/MAX Preferred - Mullica Hill | |||
| Jan 6, 2017 | Sold | ||
| Sold | |||
| Nov 16, 2016 | Listed by Connection Realtors | $159,000 | |
| Listed by Connection Realtors | |||
| | |||
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Adorable 3 Bedroom 1 bath Bungalow located in the heart of Pitman. This home features an enclosed porch, original hardwoods, Formal living room and formal dining room, Open layout, updated bath, eat in kitchen. First floor bedroom. Sitting/TV room on first floor as well. 2 bedrooms upstairs. One featuring a large walk in closet. There's a full basement with a bar, pool table and TV area on one side and a work area and laundry area on the other. Updated windows. Large deck off of the kitchen. There's also a fenced yard with an enclosed storage area. This home is located a short distance from downtown that features breweries, theater, restaurants and much much more. Desirable Pitman schools. This home is sparkling and ready for it's new owners.
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About Pitman
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Listed by: Hollie Dodge
RE/MAX Preferred - Mullica Hill
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJGL2045626
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.
RE/MAX Preferred - Mullica Hill
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# NJGL2045626
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