Welcome to historic Pitman. This 4,000 sq. ft. +/- side by side duplex is a very well-maintained turn of the century Victorian, in desirable Pitman. Located within walking distance to the Pitman Restaurant District. Both units are currently rented. Each unit is very large, at just under 2,000 sq. ft. EACH and completely separate from each other. There are original hardwood floors, moldings and ornate staircases throughout both units. Both units feature beautiful original stained glass windows and original wood doors. There are 10-foot ceilings throughout both units and several ceiling fans throughout as well. Both units have full walk-up attics that can be converted into more living space, as well as full basements, both with exterior entrances. There is a two-car garage and a two-car driveway for a total of four parking spaces. There is an open wrap-around front porch and separate rear yards. New roof and gutters were recently put on. Other recent updates include the following: Unit 503: New wrought iron railings on side entrance (2020), new kitchen floor, sink and faucet (2020), and very large tree removed (2020). Unit 505: New kitchen flooring (2020), new ceiling fans in dining room and bedroom (2020), new kitchen cabinets, new quartz counters, new sink and faucet, new range hood and range (all in 2018), fresh paint throughout (2018), restored tub surround (2018), new vanity, medicine cabinet and light fixture (2018), new bathroom flooring (2018), refinished living room and dining room floors (2018), and new carpeting in two bedrooms (2018). Both units currently rented and total $2800 in monthly rents for a total of $33,600 per year of income. Tenants pay all utilities. Come check these 2 beauties out. You will not be dissapointed. Call to day for your personal tour.
Multi-familyProperty Type
1905Year Built
9,360 sq ftLot Size
$131Est. Price/Sq.Ft.
2 garage spacesParking
Listed by Christopher Valianti• RE/MAX Preferred - Mullica Hill
•856-223-1400 (broker)
•admin.mullica@njpreferredhomes.com (broker)
Bought with Christopher Valianti• RE/MAX Preferred - Mullica Hill
•856-223-1400 (broker)
•admin.mullica@njpreferredhomes.com (broker)
Bought with Wyatt Jones• RE/MAX Preferred - Mullica Hill
Perfect for a LIVE-IN owner as this is completely 2 separate side by side homes. Live in one side and let the other pay most of your mortgage for you. Well maintained turn of the century Victorian, side by side Duplex in desirable Pitman. Each unit is huge at just under 2,000 sqft EACH. Original hardwood floors, moldings and ornate staircase throughout both units. Beautiful stain glass windows in some rooms. Newer kitchen with Corian counters and newer bath in Unit #1. 10 foot ceilings throughout with ceiling fans in most rooms. The walk-up finished attic could be 2 additional rooms in each unit, play rooms, office or just a ton of storage space(currently not heated). Both units have full basement as well with exterior entrances. There is a 2 car garage and a 2 car driveway; open front porch and rear yard. Rent one side - live in the other! Call today for your personal tour.
BRIGHT MLS #1000929603
Mar 5, 2018
Sold
$233,000
$59/sq ft
Mar 2, 2018
Pending
—
Jan 22, 2018
Price Changed
$259,900
$65/sq ft
Sep 16, 2017
Listed
$269,900
$68/sq ft
Public Records
Jan 9, 2006
Sold
$270,000
$68/sq ft
BRIGHT MLS #NJGL149022
Jul 30, 2003
Sold
$190,000
$48/sq ft
Jun 20, 2003
Listing Removed
—
May 3, 2003
Listed
$190,000
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$12,001 (+5.6%)
$39,000 + $276,900
$315,900
2025
$11,360 (+2.9%)
$39,000 + $276,900
$315,900
2024
$11,034 (+2.7%)
$39,000 + $276,900
$315,900
2023
$10,744 (+4.1%)
$39,000 + $276,900
$315,900
2022
$10,320 (−7.3%)
$39,000 + $276,900
$315,900
2021
$11,136 (+1.2%)
$39,000 + $276,900
$315,900
2020
$11,004 (+2.4%)
$32,500 + $215,900
$248,400
2019
$10,746 (+1.7%)
$32,500 + $215,900
$248,400
2018
$10,564 (+1.3%)
$32,500 + $215,900
$248,400
2017
$10,433 (+2.0%)
$32,500 + $215,900
$248,400
2016
$10,231 (+6.0%)
$32,500 + $215,900
$248,400
2014
$9,650 (+2.3%)
$32,500 + $215,900
$248,400
2013
$9,434 (+4.9%)
$32,500 + $215,900
$248,400
2012
$8,996 (+2.8%)
$32,500 + $215,900
$248,400
2011
$8,751 (+3.3%)
$32,100 + $124,900
$157,000
2010
$8,475 (+3.3%)
$32,100 + $124,900
$157,000
2009
$8,208
$32,100 + $124,900
$157,000
Tax history for 503-505 S Broadway
Year
Property tax
Land + Additions
Assessment*
2026
$12,001 (+5.6%)
$39,000 + $276,900
$315,900
2025
$11,360 (+2.9%)
$39,000 + $276,900
$315,900
2024
$11,034 (+2.7%)
$39,000 + $276,900
$315,900
2023
$10,744 (+4.1%)
$39,000 + $276,900
$315,900
2022
$10,320 (−7.3%)
$39,000 + $276,900
$315,900
2021
$11,136 (+1.2%)
$39,000 + $276,900
$315,900
2020
$11,004 (+2.4%)
$32,500 + $215,900
$248,400
2019
$10,746 (+1.7%)
$32,500 + $215,900
$248,400
2018
$10,564 (+1.3%)
$32,500 + $215,900
$248,400
2017
$10,433 (+2.0%)
$32,500 + $215,900
$248,400
2016
$10,231 (+6.0%)
$32,500 + $215,900
$248,400
2014
$9,650 (+2.3%)
$32,500 + $215,900
$248,400
2013
$9,434 (+4.9%)
$32,500 + $215,900
$248,400
2012
$8,996 (+2.8%)
$32,500 + $215,900
$248,400
2011
$8,751 (+3.3%)
$32,100 + $124,900
$157,000
2010
$8,475 (+3.3%)
$32,100 + $124,900
$157,000
2009
$8,208
$32,100 + $124,900
$157,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.