Sold 9/28/2016
  • 1,870
Multi-Family Home

Either buy this property as a total investment or live in one unit and rent the others to pay your mortgage. There is a roomy Victorian home, a separate two car garage, and a two bedroom apartment over the garages. Presently all of these spaces are rented. The front home brings in $1,100/ month, the 2 bedroom apartment generates $850/ month, and the garage is rented for $50/ month. That is $2,000 per month on a property listed for $85,000. You do the math; it pays for itself. The main home can be a 3-4 bedroom home with 1 1/2 baths along with the other rooms listed in the description. There is a large paved paring lot between the units for off street parking. The two bedroom unit recently had a new gas heater installed. This property is being sold as-is, but don't let that indicate it needs extensive work. It does not. The purchaser will be responsible for any government inspections, certification, fees, etc. PLEASE NOTE...THIS IS NOT A SHORT SALE. Lease purchase or owner financing will be considered for qualified buyers.

Property Details
  • Penns Grove-carneys
    school district
  • $4,104.00
  • 1911
  • 3
  • 6744900
Forced air heat
Natural gas heat
Wood floors
Vinyl flooring
Full basement
Middle school: PENNS GROVE M.S.
High school: PENNS GROVE H.S.
School district: Penns Grove-carneys
Two car garage
Detached parking
Aluminum siding
Lot acreage is: 0.14
Lot dimension is: 48X130
Subdivision: RIVER FRONT
Lot zoned: RESID
Public sewer
Public water
Units in building(s): 2
Property style: 1
Tax year: 2015
Bedrooms in unit #1: 4
Bedrooms in unit #2: 2
Baths in unit #1: 1
Baths in unit #2: 1
Half baths in unit #1: 1
Courtesy of:
Keller Williams Realty - Swedesboro

Call (855) 464-2662

We are standing by to assist you.
Get more info or schedule a showing:
Name Type GreatSchools
Field Street Elementary School Elementary School / Public 2 0.81 mi.
Paul W. Carleton Elementary School Elementary School / Public 3 1.07 mi.
Penns Grove Middle School Middle School / Public 2 1.11 mi.
Penns Grove High School High School / Public 1 1.52 mi.
St. Helena School * Pre-School, Elementary School, Middle School / Private N/A 2.83 mi.
Mount Pleasant Elementary School * Elementary School / Public 3 2.72 mi.
Address Distance Sale date Sale price
111 W PITMAN ST 0 mi. 9/28/2016 $87,900
116-118 W HARMONY ST 0.17 mi. 3/15/2017 $62,000
7 FRANKLIN ST 0.25 mi. 1/31/2017 $47,667
121/2 DEL A VUE AVE #1 / 2 0.93 mi. 2/17/2017 $51,000
2903 N MARKET ST 3.56 mi. 2/17/2017 $75,000
2504 N MARKET ST 3.67 mi. 5/14/2018 $67,000
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{"markerType": "Sold", "lat": "39.7357", "lng": "-75.47163", "Address": "111 W PITMAN ST", "City": "PENNS GROVE", "StateProv": "NJ", "ZipCode": "08069"}
{"markerType": "Sold", "lat": "39.7333", "lng": "-75.4724", "Address": "116-118 W HARMONY ST", "City": "PENNS GROVE", "StateProv": "NJ", "ZipCode": "08069"}
{"markerType": "Sold", "lat": "39.73208", "lng": "-75.47195", "Address": "7 FRANKLIN ST", "City": "PENNS GROVE", "StateProv": "NJ", "ZipCode": "08069"}
{"markerType": "Sold", "lat": "39.73708", "lng": "-75.45428", "Address": "121/2 DEL A VUE AVE #1 / 2", "City": "CARNEYS POINT", "StateProv": "NJ", "ZipCode": "08069"}
{"markerType": "Sold", "lat": "39.75594", "lng": "-75.53319", "Address": "2903 N MARKET ST", "City": "WILMINGTON", "StateProv": "DE", "ZipCode": "19802"}
{"markerType": "Sold", "lat": "39.75403", "lng": "-75.53638", "Address": "2504 N MARKET ST", "City": "WILMINGTON", "StateProv": "DE", "ZipCode": "19802"}
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111 W PITMAN ST, PENNS GROVE, NJ 08069 multi-family home was sold for $87,900.
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Data last updated: 8/17/2018.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.