INVESTMENT OPPORTUNITY - This property offers strong potential for investors looking to add to their portfolio, renovate and resell, or create long-term rental income. Property is currently tenant occupied, which are paying $1,575 per month, making this an attractive opportunity for cash flow-focused investors. Additionally, the detached 3-car garage at the rear of the property offers additional rental income potential for storage, parking, workshop space, or tenant use. Being sold strictly as-is, buyers are responsible for conducting their own due diligence, and the seller makes no representations or guarantees regarding condition, zoning, permitted use, or potential income.
For sale
Price cut: $5K (8/12)
$125,000
62 W Pitman St, Penns Grove, NJ 08069
3beds
1,972sqft
Single Family Residence
Built in 1940
-- sqft lot
$-- Zestimate®
$63/sqft
$-- HOA
What's special
- 107 days |
- 397 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Austin Wuest 856-341-2695,
Keller Williams - Main Street
Source: Bright MLS,MLS#: NJSA2018884
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 0
Heating
- Radiator, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,972
- Total interior livable area: 1,972 sqft
- Finished area above ground: 1,972
- Finished area below ground: 0
Property
Parking
- Total spaces: 3
- Parking features: Storage, Driveway, Detached
- Garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Dimensions: 20.40 x 0.00
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 080004800021
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Permanent
Condition
- New construction: No
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: River Front
HOA
- Has HOA: No
Location
- Region: Penns Grove
- Municipality: PENNS GROVE BORO
Financial & listing details
- Price per square foot: $63/sqft
- Tax assessed value: $86,300
- Annual tax amount: $4,875
- Date on market: 5/11/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,Other
- Ownership: Fee Simple
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,323/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/12/2026 | Price change | $125,000-3.8%$63/sqft |
Source: | ||
| 7/8/2026 | Price change | $130,000-7.1%$66/sqft |
Source: | ||
| 5/29/2026 | Price change | $140,000-3.4%$71/sqft |
Source: | ||
| 5/19/2026 | Price change | $145,000-3.3%$74/sqft |
Source: | ||
| 5/12/2026 | Listed for sale | $150,000+36.4%$76/sqft |
Source: | ||
| 9/29/2025 | Sold | $110,000-29%$56/sqft |
Source: Public Record Report a problem | ||
| 6/20/2025 | Price change | $154,999-3.1%$79/sqft |
Source: | ||
| 5/20/2025 | Price change | $159,999-3%$81/sqft |
Source: | ||
| 4/16/2025 | Price change | $164,999-2.9%$84/sqft |
Source: | ||
| 3/10/2025 | Listed for sale | $169,999-8.1%$86/sqft |
Source: | ||
| 1/10/2025 | Listing removed | $185,000$94/sqft |
Source: | ||
| 11/14/2024 | Price change | $185,000-14%$94/sqft |
Source: | ||
| 10/15/2024 | Listed for sale | $215,000+298.1%$109/sqft |
Source: | ||
| 10/18/2021 | Sold | $54,000-22.7%$27/sqft |
Source: | ||
| 9/17/2021 | Pending sale | $69,900$35/sqft |
Source: | ||
| 8/28/2021 | Listed for sale | $69,900+16.7%$35/sqft |
Source: | ||
| 12/1/2019 | Listing removed | $59,900$30/sqft |
Source: Castle Agency LLC #NJSA128012 Report a problem | ||
| 9/28/2019 | Price change | $59,900-3.2%$30/sqft |
Source: Castle Agency LLC #NJSA128012 Report a problem | ||
| 8/22/2019 | Price change | $61,900-4.6%$31/sqft |
Source: Castle Agency LLC #NJSA128012 Report a problem | ||
| 7/29/2019 | Price change | $64,900-3%$33/sqft |
Source: Castle Agency LLC #NJSA128012 Report a problem | ||
| 6/19/2019 | Price change | $66,900-4.3%$34/sqft |
Source: Castle Agency LLC #NJSA128012 Report a problem | ||
| 5/13/2019 | Price change | $69,900-6.7%$35/sqft |
Source: Castle Agency LLC #NJSA128012 Report a problem | ||
| 4/5/2019 | Listed for sale | $74,900+362.3%$38/sqft |
Source: Castle Agency LLC #NJSA128012 Report a problem | ||
| 9/19/2008 | Sold | $16,200-59.6%$8/sqft |
Source: Public Record Report a problem | ||
| 2/27/2007 | Sold | $40,100$20/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,786 | $86,300 |
| 2024 | $4,786 +3.5% | $86,300 |
| 2023 | $4,626 +8.4% | $86,300 |
| 2022 | $4,267 -1.3% | $86,300 |
| 2021 | $4,323 -0.4% | $86,300 |
| 2020 | $4,341 +200.9% | $86,300 |
| 2019 | $1,443 | $86,300 +141.1% |
| 2018 | $1,443 -0.3% | $35,800 |
| 2017 | $1,448 +8.4% | $35,800 |
| 2016 | $1,336 +1.1% | $35,800 |
| 2015 | $1,321 +0.5% | $35,800 |
| 2014 | $1,314 +4.4% | $35,800 |
| 2012 | $1,258 +4.5% | $35,800 |
| 2011 | $1,204 +4.5% | $35,800 |
| 2010 | $1,152 -68.1% | $35,800 |
| 2009 | $3,609 | $35,800 -38.6% |
| 2008 | -- | $58,300 |
| 2007 | -- | $58,300 |
| 2006 | -- | $58,300 |
| 2005 | -- | $58,300 |
| 2004 | -- | $58,300 |
| 2003 | -- | $58,300 |
| 2002 | -- | $58,300 |
| 2001 | -- | $58,300 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 08069
Nearby schools
GreatSchools rating
- 2/10Field Street Elementary SchoolGrades: 1-3Distance: 0.7 mi
- 3/10Penns Grove Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Penns Grove High SchoolGrades: 9-12Distance: 1.4 mi
Schools provided by the listing agent
- District: Penns Grove-carneys Point Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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