62 W Pitman Street

Penns Grove, NJ
$ 125,000 Beds 3 Baths 1.5 Sq 1,972
Monthly Estimate* How much can I afford?

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.

ACTIVE

  • Price
  • $ 125,000
  • City
  • Penns Grove
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • SALEM
  • Half Bathrooms
  • 1
  • Area
  • Penns Grove Boro
  • Lot Size
  • Zip
  • 08069
  • Sqr Footage
  • 1,972
  • Year Built
  • 1940
  • Taxes
  • $ 4875
  • Style
  • MLS#
  • NJSA2018884
Listed By: Austin Nicholas Wuest with Keller Williams - Main Street - 8568582200;
Data Source: Bright MLS

Features

General

Living Area 1972
Sewer Public Sewer
Heating Radiator
Cooling None
Possession Immediate
Zoning RESIDENTIAL
Garage Spaces 3.00
Architectural Style Other
Construction Materials Brick
School District PENNS GROVE-CARNEYS POINT SCHOOLS
Year Built 1940
Levels 3
Tax Year 2025
Ownership Fee Simple
Cool Fuel None
Accessibility None
County SALEM
New Construction No
Property Type Residential
HOA No
Subdivision Name RIVER FRONT
Garage Y/N Yes
Water Access Y/N No
Other Structures Above Grade,Below Grade
Full Baths 1
Status ACTIVE
Directions Continue on E Main St. Drive to W Pitman St 3 min (0.7 mi) Continue onto E Main St  0.3 mi Turn right onto Broad St  0.2 mi Turn left onto W Pitman St
City PENNS GROVE
Disclosures Owner RE Licensee
Senior Community Y/N No
MLS Area Penns Grove Boro (21708)
Lot Size Units Square Feet
Lot Size Square Feet 0.00
Tax Assessed Value 86300.0
Tax Annual Amount 4875.0
Structure Type Detached
Condo/Coop Association fee Y/N No
Bathrooms Count Main Level 1.00
Price Per Sq Ft Total AG 63.39
Acceptable Financing Cash,Conventional,Other
Vacation Rental Y/N No
Total SQFT 1972
Standard Status Active
Year Built Source Assessor
Tax Lot 00021

Interior Features

Heating Fuel Natural Gas
Basement Unfinished
Hot Water Natural Gas
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Above Grade Finished Area 1972
Half Baths 1
Central Air Y/N No
Total Bedrooms 3
Below Grade Finished Area Unit Type Square Feet
LivingAreaSource Assessor
Below Grade Unfin Area Units Square Feet
Below Grade Unfin SQFT Source Assessor
Below Grade Finished Area Source Assessor
Bedrooms Count All Upper Levels 3
Bedrooms Count Upper Level 1 3
Bathrooms Half Main Level 1
Bathrooms Full Upper Level 1 1
Bathrooms Full All Upper Levels 1
Bathrooms Count Upper Level 1 1.00
Bathrooms Count All Upper Levels 1
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2

Exterior Features

Pool No Pool
Water Source Public
Total Parking Spaces 3
Garage Features Additional Storage Area
Type of Parking Driveway,Detached Garage
Foundation Details Permanent
Water View Y/N No
Lot Dimensions 20.40 x 0.00
Lot Size Acres 0.00
Lot Size Source Estimated
Waterfront Y/N No
Land Assessed Value 10600.00
Navigable Water Y/N No
Water Oriented Y/N No
# of Detached Garage Spaces 3
LotDimensionsSource Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Martinsburg, WV office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/12/2026 Listed $150,000
5/19/2026 4% - $145,000
5/29/2026 4% - $140,000
7/8/2026 8% - $130,000
8/12/2026 4% - $125,000

Property vs Zip Code Average in 08069

Price
AVG $270K
$130K
Taxes
AVG $5,716
$4,875
Year Built
AVG 1945
1940
Visits
AVG 286
441
Data Provided by Inside Real Estate®

Areas That We Cover

62 W Pitman Street Penns Grove, NJ is a Single Family Home for sale at $125000 with 1972 sqft and a lot size of Acre(s). 62 W Pitman Street Penns Grove has 3 bedrooms, 1 baths and was built in 1940. The property's zip code is 08069 which is in Penns Grove, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.