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422 Roosevelt Ave, Pitman, NJ, 08071

$325,000

Home List Price

$3,859*

Closing Credit

0 Baths
1,989 SqFt
$163/SqFt
Multi

Location

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422 Roosevelt Ave, Pitman$325,000

Buyer Closing Credits

$3,859*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingAdditional Storage Area, Garage - Front Entry, Detached Garage, Driveway, Off Street
Garage1 space
Year Built1920
HeatingBaseboard
CoolingWindow Unit(s)
BasementYes
MLS #NJGL2051226
Lot Size0.37 Acres
StatusActive
(ACTIVE)

About 422 Roosevelt Ave

Great Investment Opportunity! This Pitman duplex offers two spacious units and is situated on a potentially sub-dividable lot (pending proper variances). The lower unit features 2 bedrooms, a full bathroom with a walk-in shower, a living room, dining room, kitchen with separate pantry, and main-floor laundry. The lower unit also provides access to a full, unfinished basement with a side entry. The upper unit boasts a functional kitchen with pantry, 2 generous bedrooms with large closets, a shared full bathroom with shower-tub combo, living room, and bonus space. Key Updates & Features: Solar panels (with $168 monthly fee), a brand-new roof installed in 2024, and a detached garage perfect for storage. The fenced-in yard offers privacy and space for outdoor activities. The WOW BONUS: The side yard may be sub-dividable with proper variances, providing potential for future development. This is an ideal investment for an owner-occupant who wants to live in one unit and rent the other, or a savvy investor looking for great rental potential. Sold as-is, buyer responsible for CO, lender repairs, etc. No same-day showings due to tenant occupancy. Call today to schedule your private tour!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1920
  • Living Area: 1,989 SqFt

Listing Office:

  • Office Name: RE/MAX Preferred - Mullica Hill
  • Office Phone: (856) 223-1400
  • Listing Agent: Hollie M Dodge

Interior Features

Interior Information:

  • Basement: Yes
  • Interior: 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Butlers Pantry, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Galley, Wood Floors

Exterior Features

Exterior Information:

  • Exterior: Exterior Lighting, Flood Lights, Outbuilding(s), Sidewalks, Street Lights

Parking Information:

  • Garage Space: 1 space
  • Parking: Additional Storage Area, Garage - Front Entry, Detached Garage, Driveway, Off Street

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.37 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: piq

Municipality:

  • Pitman Boro

Price Information

Listing Price Info

Price Summary:

  • List Price: $325,000
  • Price Per SqFt: $163/SqFt

Tax Information:

  • Annual Amount: $7,749
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Pitman, NJ.

Med. Sold Price

$345K

Med. Price/SqFt

$213

Avg. Days On Market

30

# of Sold Homes

11

422 Roosevelt Ave vs Pitman

1 DAY ON ROCKET

-29 Days

$325,000

-$20K Less

$163/SqFt

-$50 Less

KEY TAKEAWAY

This property is $20K less than the Median Sold Price and $50/SqFt less than other homes in Pitman, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJGL2051226

Listing Office:

  • Office Name: RE/MAX Preferred - Mullica Hill
  • Office Phone: (856) 223-1400
  • Listing Agent: Hollie M Dodge

IDX Information Deemed Reliable But Not Guaranteed. 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 in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and 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 this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 10:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$7,749$184,900
2019$7,927$184,900
2018$7,928$186,400
2017$7,829$186,400

History based on county public records data.

Payment Calculator

$1,690

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,041

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-687173
4
/10
  • W. C. K. Walls Elementary School

  • 320 Grant Ave

  • 0.16 miles

  • Public District Grades PK-5

school-card-donut-687174
3
/10
  • Thomas E. Bowe School

  • Carpenter Street and Mancuso Lane, 7 Ruth Mancuso Lane

  • 0.73 miles

  • Public District Grades 4-6

school-card-donut-687175
6
/10
  • Elwood Kindle Elementary School

  • 211 Washington Ave

  • 0.80 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $95,938. Residents of Pitman, NJ typically earn between $100k-200k each year. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesNew JerseyGloucester CountyPitman08071422 Roosevelt Ave

This home is located at 422 Roosevelt Ave in Pitman, NJ and zip code 08071. This 1,989 square foot home, which was built in 1920, sits on a 0.37 acre lot. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $325,000.

Over 5 listings were sold over their listed price in November 2024 in Pitman, NJ. In the same period over 6 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Pitman, NJ between October 2024 and November 2024 increased by 5.9%. While the average time on the market in November 2024 was 30 days, the median list price was $345,000.

From Rocket Homes Real Estate and based on county public records data.

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