93 W PITMAN ST new to site Save Request In-Person Tour Request Virtual Tour
Penns Grove,NJ 08069
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,472 sqft
Price per Sqft $94
Subdivision None Available
MLS Listing ID NJSA2015538
Style Cape Cod
Bedrooms 4
Full Baths 2
Year Built 1900
Annual Tax Amount $4,553
Tax Year 2021
Lot Size 5,330 Sqft
Property Sub-Type Detached
Property Description
Bulk transaction / fix & flip / rental opportunity!
Welcome to this solid, 4-bedroom, 2-full-bath colonial residence of approx. 1,500 sq ft, situated on a deep 41×130′ lot in Penns Grove. Built circa 1900, the home features an enclosed sunporch, spacious living and dining rooms, and a large eat-in kitchen on the first floor—complete with new stove, dishwasher, and fresh paint throughout. A main-level bedroom and full bath offer convenience for multi-generational use or rental flexibility. Upstairs, three nice-size bedrooms, an additional full bath, and access to a walk-up attic present excellent expansion potential.
Finished elements include vinyl double-pane tilt-out windows and central heat & air; laundry facilities and a walk-in closet add to the practical layout. The partial, unfinished basement is ripe for storage or future development. Outside, enjoy a spacious backyard—ideal for outdoor living or added structures. New sidewalks, curbs, and street paving (2007) enhance the neighborhood, just 2½ blocks from the Delaware River and near future riverfront development. Easy access to I-295, NJ Turnpike, and the Delaware Memorial Bridge.
Investor bonus: Tenant in place on a month-to-month lease; sold “as-is” with no warranties—buyer responsible for inspections, CO, and certifications. Strong upside with cosmetic updates and strategic renovation. Recent appraisal at $146K (2006). Historical sale at $84K in May 2022 yields immediate equity; current market estimates around $209K—translation: value-add upside close to $125K on full flip, or long-term rental income $2,200/month. Side utilities by Atlantic City Electric & South Jersey Gas. Zoned residential in Penns Grove-Carneys Point School District.
Location
State NJ
County Salem
Area Penns Grove Boro (21708)
Zoning RESIDENTIAL
Rooms
Other Rooms Living Room,Dining Room,Bedroom 2,Bedroom 3,Bedroom 4,Kitchen,Bedroom 1
Interior
Hot Water Natural Gas
Heating Baseboard - Electric
Cooling None
Laundry Has Laundry
Exterior
Water Access N
Building
Story 2.5
Foundation Other
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Penns Grove-Carneys Point Schools
Others
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Special Listing Condition Standard
Pets Allowed No Pet Restrictions