Investment Opportunity!Victorian Duplex available in Pitman! Invest here and have 2 income streams from one purchase, or be an owner-occupant, and let collect the rent to pay your mortgage! The 1st floor unit offers a fully equipped eat-in Kitchen, Dining Room, Living Room, a full Bathroom, and two generously sized Bedrooms; The 2nd Floor unit offers a separate entrance, a full eat-in Kitchen, a Living Room, and Two Bedrooms, plus the 3rd the finished attic space, a possible family room, home office, or additional bedroom, plus plenty of storage space. The basement offers space for laundry, the mechanicals, and storage and has it's own entrance from outside. New natural gas boiler. Large yard, and very large parking area - plenty of space here!
Multi-familyProperty Type
1905Year Built
0.32 acresLot Size
$363Est. Price/Sq.Ft.
12 spacesParking
Listed by David Marcantuno• Keller Williams Hometown
•856-241-4343 (broker)
•sold@rickeber.com (broker)
Bought with Juli Morella• Weichert Realtors-Mullica Hill
How would you like to own this home and only pay out of pocket $800 a month for your mortgage? Ask me how that is possible. Brand New Roof just installed. Great opportunity to own this charming Duplex within walking distance to downtown and steps to bus transit. Take advantage of the shops, Broadway Theatre, brewery, restaurants and much more! This Duplex is situated on an over-sized lot with a ton of parking! Private driveway off S. Broadway leads you to an open parking lot. You can live in one unit and collect rental income from the other, or become an investor and rent out both units for increased cash flow. Rental market is strong in Pitman. First floor unit has full kitchen, living room, dining room and two bedrooms. The upper unit (2nd floor) offers a nice size kitchen, living room and 3 bedrooms, with 3 additional on the upper level (3rd floor). Separate entry outside for access to laundry area. Nice size rear yard. Close to malls, transportation, major highways and Rowan University. Come see why Pitman was featured in Philly Magazine as one of 10 Hottest Suburban Philadelphia Towns!
BRIGHT MLS #1004372853
Oct 16, 2018
Listing Removed
—
Jun 23, 2018
Listing Removed
—
Dec 22, 2017
Listed
$219,900
$107/sq ft
BRIGHT MLS #1000359155
Jun 7, 2017
Listed
$228,000
$111/sq ft
BRIGHT MLS #NJGL150664
Jan 26, 2004
Sold
$181,000
$88/sq ft
Dec 15, 2003
Listing Removed
—
Sep 23, 2003
Listed
$181,000
$88/sq ft
Public Records
Nov 7, 2002
Sold
$150,000
$73/sq ft
BRIGHT MLS #NJGL146252
Oct 8, 2002
Listing Removed
—
Jun 14, 2002
Listed
$150,000
$73/sq ft
Public Records
Aug 5, 1992
Sold
$112,000
$55/sq ft
Public Records
May 7, 1976
Sold
$35,000
$17/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,638 (+2.9%)
$52,800 + $204,000
$256,800
2024
$8,390 (+2.7%)
$52,800 + $187,400
$240,200
2023
$8,169 (+4.1%)
$52,800 + $187,400
$240,200
2022
$7,847 (+0.6%)
$52,800 + $187,400
$240,200
2021
$7,800 (+1.2%)
$52,800 + $187,400
$240,200
2020
$7,708 (+6.8%)
$44,800 + $129,200
$174,000
2019
$7,220 (+1.7%)
$44,800 + $129,200
$174,000
2018
$7,098 (+1.3%)
$44,800 + $122,100
$166,900
2017
$7,010 (+2.0%)
$44,800 + $122,100
$166,900
2016
$6,874 (+6.0%)
$44,800 + $122,100
$166,900
2014
$6,484 (+2.3%)
$44,800 + $122,100
$166,900
2013
$6,339 (−14.5%)
$44,800 + $122,100
$166,900
2012
$7,415 (+0.3%)
$44,800 + $122,100
$166,900
2011
$7,391 (+3.3%)
$39,400 + $90,000
$129,400
2010
$7,158 (+3.3%)
$39,400 + $93,200
$132,600
2009
$6,932
$39,400 + $93,200
$132,600
Tax history for 509 S Broadway
Year
Property tax
Land + Additions
Assessment*
2025
$8,638 (+2.9%)
$52,800 + $204,000
$256,800
2024
$8,390 (+2.7%)
$52,800 + $187,400
$240,200
2023
$8,169 (+4.1%)
$52,800 + $187,400
$240,200
2022
$7,847 (+0.6%)
$52,800 + $187,400
$240,200
2021
$7,800 (+1.2%)
$52,800 + $187,400
$240,200
2020
$7,708 (+6.8%)
$44,800 + $129,200
$174,000
2019
$7,220 (+1.7%)
$44,800 + $129,200
$174,000
2018
$7,098 (+1.3%)
$44,800 + $122,100
$166,900
2017
$7,010 (+2.0%)
$44,800 + $122,100
$166,900
2016
$6,874 (+6.0%)
$44,800 + $122,100
$166,900
2014
$6,484 (+2.3%)
$44,800 + $122,100
$166,900
2013
$6,339 (−14.5%)
$44,800 + $122,100
$166,900
2012
$7,415 (+0.3%)
$44,800 + $122,100
$166,900
2011
$7,391 (+3.3%)
$39,400 + $90,000
$129,400
2010
$7,158 (+3.3%)
$39,400 + $93,200
$132,600
2009
$6,932
$39,400 + $93,200
$132,600
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.