Great Investment Opportunity! This Pitman duplex offers two spacious units and is situated on a potentially sub-dividable lot (pending proper variances). The lower unit features 2 bedrooms, a full bathroom with a walk-in shower, a living room, dining room, kitchen with separate pantry, and main-floor laundry. The lower unit also provides access to a full, unfinished basement with a side entry. The upper unit boasts a functional kitchen with pantry, 2 generous bedrooms with large closets, a shared full bathroom with shower-tub combo, living room, and bonus space. Key Updates & Features: Solar panels (with $168 monthly fee), a brand-new roof installed in 2024, and a detached garage perfect for storage. The fenced-in yard offers privacy and space for outdoor activities. The WOW BONUS: The side yard may be sub-dividable with proper variances, providing potential for future development. This is an ideal investment for an owner-occupant who wants to live in one unit and rent the other, or a savvy investor looking for great rental potential. Sold as-is, buyer responsible for CO, lender repairs, etc. No same-day showings due to tenant occupancy. Call today to schedule your private tour!
Pending
$350,000
422 Roosevelt Ave, Pitman, NJ 08071
4beds
--baths
1,989sqft
Est.:
Duplex
Built in 1920
-- sqft lot
$-- Zestimate®
$176/sqft
$-- HOA
What's special
Kitchen with separate pantryPotentially sub-dividable lotBonus spaceMain-floor laundrySpacious unitsSpace for outdoor activitiesFenced-in yard
- 134 days
- on Zillow |
- 33 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: March 01, 2025 at 01:39pm
Listed by:
Hollie Dodge 856-371-2836,
RE/MAX Preferred - Mullica Hill
Source: Bright MLS,MLS#: NJGL2051226

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Baseboard, Oil
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- 2nd Kitchen, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Butlers Pantry, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Galley
- Flooring: Wood
- Basement: Full,Interior Entry,Concrete,Side Entrance,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,989
- Total interior livable area: 1,989 sqft
Property
Parking
- Total spaces: 5
- Parking features: Storage, Garage Faces Front, Detached, Driveway, Off Street
- Garage spaces: 1
- Uncovered spaces: 4
Accessibility
- Accessibility features: Accessible Doors, Accessible Hallway(s), Grip-Accessible Features, Mobility Improvements, Accessible Approach with Ramp
Features
- Patio & porch: Porch
- Exterior features: Lighting, Flood Lights, Sidewalks, Street Lights
- Pool features: None
Lot
- Size: 0.37 Acres
- Dimensions: 130.00 x 125.00
- Features: Additional Lot(s), Cleared
Details
- Additional structures: Above Grade, Below Grade, Outbuilding
- Parcel number: 150016700007
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex
Materials
- Frame
- Foundation: Other
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available
Community & HOA
Location
- Region: Pitman
- Municipality: PITMAN BORO
Financial & listing details
- Price per square foot: $176/sqft
- Tax assessed value: $241,200
- Annual tax amount: $8,425
- Date on market: 1/24/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA 203(k)
- Ownership: Fee Simple
- Total actual rent: 14400
- Income includes: Laundry
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